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Linamar Up Near 3% As McLaren Engineering Unit In New Alliance with Honda Marine for Outboard Engines
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Linamar Up Near 3% As McLaren Engineering Unit In New Alliance with Honda Marine for Outboard Engines
Dec 9, 2024 7:58 AM

10:42 AM EST, 12/09/2024 (MT Newswires) -- Linamar's ( LIMAF ) McLaren Engineering division was up near 3% on Monday after it announced an alliance with Honda Marine, to collaborate on production of the McLaren Performance M300, a marine outboard motor (Honda OLP) that delivers top-end power of 300 hp. The agreement also allows McLaren Engineering to sell the M300 engine to selected Honda-affiliated OEMs.

Linamar ( LIMAF ) was last seen up $1.76, to $63.27, on the Toronto Stock Exchange.

Price: 63.27, Change: +1.76, Percent Change: +2.86

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