Ford Credit CFO Brian Schaaf to Speak March 2 at J.P. Morgan Global High Yield & Leveraged Finance Conference
DEARBORN, Mich.–(BUSINESS WIRE)–Brian Schaaf, Ford Motor Credit Company CFO, will hold a fireside chat at the J.P. Morgan Global High Yield & Leveraged Finance Conference at 9:15 a.m. Tuesday, March 2. The virtual discussion will include Ford Credit’s financial results, funding, liquidity and portfolio performance, as well as Q&A. Listeners are encouraged to register for […]
Branching Out: Magna International approved for funding of 345,000 sq.-ft. facility in Michigan
St. Clair, Michigan – Aurora, Ontario-based Magna International is taking its first steps south of the border as the company announced plans to build a 345,000 sq.-ft. facility in the city of St. Clair, Michigan to produce battery enclosures for the new 2022 GMC Hummer EV. Operating under the newly established entity of Magna Electric […]
Ocean’s Elgin: OPP recover GM auto parts among $1.6 million stolen in truck heists
London, Ontario – A rash of truck hijackings in Elgin County in southern Ontario has seen local OPP recover more than $1.6 million in stolen merchandise as part of an investigation that also turned up a trailer full of General Motors auto parts. As part of a series of truck heists in the greater London […]
My Man Tony: CARSTAR Canada names Tony Mammone VP of operations
Hamilton, Ontario – CARSTAR Canada is making some big corporate moves with the announcement of Tony Mammone’s promotion to vice-president of operations, according to a press release from Wednesday. Originally joining CARSTAR three years ago as a zone director for Ontario, Mammone quickly rose through the ranks to then become senior director of operations through […]
Glue Gripes: Ford recalls 2020-21 F-Series vehicles for windshield adhesion
Oakville, Ontario — Ford has issued a recall for nearly 7,000 F-Series vehicles in Canada due to inadequate windshield adhesion. The automaker said the affected vehicles do not comply with federal safety standards; the front windshields are inadequately bonded to the vehicle body structure. In the event of a collision, the windshield may not properly […]
Calibration Connection: asTech acquires adasThink
Toronto, Ontario — asTech has acquired adasThink, the companies announced Wednesday. The acquisition was a “natural fit,” for the Canadian startup, said adasThink co-founder Nick Dominato. “There are some amazing synergies that adasThink can have with asTech,” Dominato told Collision Repair. “asTech is a leader when it comes to OEM diagnostics and calibrations, and that […]