Expert Findings: EV tech is not new—it’s up to 100 years old, EV consultant David Giles tells EV Repair Tour Calgary
Calgary, Alberta — Electric vehicles do not present a threat to the collision repair industry–they present a massive opportunity. That’s what EV expert David Giles–EV education product specialist and curriculum developer for Consulab and the president of Powered EV training and consulting–told audiences at the Calgary, Alta., stop on Collision Repair magazine’s EV Repair Tour, supported […]
Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Third Quarter 2023
AUSTIN, Texas–(BUSINESS WIRE)–In the third quarter, we produced over 430,000 vehicles and delivered over 435,000 vehicles. A sequential decline in volumes was caused by planned downtimes for factory upgrades, as discussed on the most recent earnings call. Our 2023 volume target of around 1.8 million vehicles remains unchanged. Production Deliveries Subject to operating lease […]
Rivian Releases Q3 Production Figures and Sets Date for Third Quarter 2023 Results
IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter ending September 30, 2023. The company produced 16,304 vehicles at its manufacturing facility in Normal, Illinois and delivered 15,564 vehicles during the same period. These figures remain in line with the company’s expectations, and it believes it is on track to […]
Continental Automotive Honors GlobalLogic with Supplier of the Year Award
Company recognized in the Software Engineering Services Category SANTA CLARA, Calif.–(BUSINESS WIRE)–GlobalLogic Inc., a Hitachi Group Company, announced that it earned the Outstanding Supplier of the Year 2022 award in the category of Software Engineering Services by Continental Automotive. The achievement is a testament to GlobalLogic’s capability in the automotive industry, and reflects the strong […]
ESAB Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call
NORTH BETHESDA, Md.–(BUSINESS WIRE)– ESAB’s financial results press release and supplemental information referenced on the call, if any, for the third quarter 2023 will be available under the “Investors” section of ESAB’s website prior to the conference call. A link to a replay of the call will also be available on the ESAB Corporation website […]
Electra Extends Processing of Black Mass Material Based on Successes of Its Battery Recycling Trial
TORONTO–(BUSINESS WIRE)–Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”), currently constructing North America’s only cobalt sulfate refinery, today provided an update on its battery materials recycling trial, confirming improved recoveries of high-value elements, higher metal content in saleable products produced, and reduced use of reagents. Combined, the improvements pave the way […]
Tuesday Ticker: Tesla misses targets, Rivian marks delivery records
Toronto, Ontario — Analysts were off in their estimates in predictions for both Tesla and Rivian’s delivery numbers–but for different reasons. See the ups and downs in this weekly Tuesday Ticker. Tesla misses targets–but still delivers Tesla missed market estimates for its Q3 2023 deliveries, which analysts believe is due to mass production halts and shutdowns […]
First-Time Programming: Inaugural SEMA show offers new event designed to empower women in the automotive industry
Las Vegas, Nevada – This year’s SEMA Show will offer the first-time programming, the SEMA Women in Automotive Symposium, designed to offer professional development programs geared toward women in the automotive aftermarket. The new program will provide networking, mentoring and professional development opportunities through the support of the SEMA Businesswomen’s Network (SBN). The new program […]
Looking Out for Lemons: Automobile Protection Association pushes for updated terms for ‘seriously defective’ vehicles in Quebec
Quebec City, Quebec – A consumer advocacy group is hoping to change the conditions in which a vehicle is considered “seriously defective,” in Quebec, wherein a car could be deemed defective if it has been off the road for more than 30 days awaiting warranty repairs in the first three years of its lifespan–among other conditions. […]
Driving Dreams: Johnny K’s CARSTAR Ellerslie welcomes NAIT pre-employment students for shop tour
Edmonton, Alberta — CARSTAR Ellerslie, owned by CARSTAR Johnny K Group, recently hosted a shop tour for 20 students and instructors from the pre-employment program at the Northern Alberta Institute of Technology (NAIT). According to a post from the CARSTAR Canada corporate LinkedIn page, students were drawn to the body and paint departments, as well […]