Linamar Registers 56% Loss

News: According to Economic Times, the Canadian automotive parts supplier Linamar has registered a net loss of CAD14.4mn for the three- month period ended September 30 2008 as compared with net income of CAD25.9mn a year earlier. The fall is due to the declining volumes and increase in costs. Linamar has facilities and offices in Canada, the US, Mexico, Asia, the UK and continental Europe.

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