IBC says NDP cap on Alberta auto insurance isn’t benefiting anyone
By CRM staff Toronto, Ontario — May 16, 2019 — The Insurance Bureau of Canada believes that drivers in Alberta are going to have some issues with their auto insurance due to a piece of legislation that puts a cap on premiums. IBC told Global News that the five percent cap on auto insurance rate […]
Metal prices spike as trans-Pacific trade scrap starts
Toronto, Ontario — May 15, 2019 — The trade war brewing between the United States and China could have a significant impact on the price of the metals used in vehicle manufacturing. This week, the Chinese government announced it would be adding tariffs on American goods in response to more than $200 billion of tariffs […]
Dream better not bigger
By Sue Dickens There is a fine balance necessary when it comes to setting goals. By formally declaring an ambition, countries, organizations, and individuals can clarify their own priorities and push themselves to accomplish more than they otherwise would. There are catches here. Should a goal be too easily accomplished, it can serve to not drive progress, […]
Volvo Car Group signs multi-billion-dollar battery supply deal
By CRM staff Toronto, Ontario — May 15, 2019 — A long-term agreement has been signed between lithium-ion battery company Contemporary Amperex Technology (CATL) and the Volvo Car Group to ensure a multi-billion-dollar supply of lithium-ion batteries over the coming decade for the new models of Volvo and Polestar cars. As early as 2017, Volvo Cars […]
Lithion’s process will recycle 95 percent of old lithium-ion batteries into new ones
By CRM staff Toronto, Ontario – May 15, 2019 – While OEMs are leaning more towards electric vehicles, other companies are thinking of ways to properly recycle these vehicles batteries once they’ve reached its end of life cycle. Lithion, a Quebec recycling company has developed a process to recycle 95 percent of the old lithium-ion […]
Managing misfortune
By Gideon Scanlon To the observer, Frank Serravalle of Thorold Auto Parts and Recycling seems like a man fortune has taken a shine to, inheriting an established business set and primed for the future. Rarely seen without a warm smile on his face, the 44-year-old is, by any measure, happy and successful. His business, which […]
Save the date: NAPA Heart and Stroke golf tournament
By CRM staff Toronto, Ontario — May 15, 2019 –– It’s not too late to sign up for the annual NAPA charity golf tournament in support of the Heart and Stroke Foundation in N.B.! Tee off time starts at 1 p.m. on May 23 at the Lakeside Golf and Country Club in Moncton, N.B. Sponsored […]
Volvo Car Accident Advisor refers drivers to certified repair shops
By CRM staff Toronto, Ontario — May 15, 2019 — More and more OEMs in the U.S. are coming out with services that will ultimately change the game for the industry. Ford Motor Company announced last month that it would be implementing a system into its late model vehicles that will refer drivers in the […]
