John Lawler to Highlight Progress of Ford+ Plan During ‘Chat’ at Deutsche Bank 2024 Global Automotive Conference
DEARBORN, Mich.–(BUSINESS WIRE)–Ford CFO John Lawler will discuss the continued execution of the company’s customer-centered Ford+ plan to grow, raise margins and increase capital efficiency while improving business durability during an upcoming fireside chat with auto analyst Emmanuel Rosner at the Deutsche Bank 2024 Global Automotive Conference. The Lawler will highlight how Ford’s distinct business […]
PPG appoints Alejandro Lopez as director, investor relations
PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced that Alejandro Lopez, currently global finance director for automotive original equipment manufacturer (OEM) coatings, has been named director, investor relations, effective June 1, 2024. Lopez will report to Vince Morales, PPG senior vice president and chief financial officer (CFO). He replaces Jonathan Edwards, who will transition to succeed Lopez as […]
Pandemic Pick-Ups: Employment in automotive repair and parts sectors now above pre-pandemic levels, says DesRosier report
Toronto, Ontario — According to statistics from DesRosiers Automotive Consultants, Canadian employment in automotive repair facilities and auto parts stores has now risen above 2019’s pre-pandemic levels. When looking specifically at the Canadian Automotive Employment percentage change from December 2019 to December 2023, the automotive repair and maintenance sectors are up 4.8 percent above pandemic […]
EV/AV Report: Ford asks dealers to pause EV investments; while self-driving vehicles work to remember
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Ford informs dealers to pause electric vehicles (EV) investments while changes are made to the Model E Program; while University of Toronto Engineering researchers work to help improve the memory of self-driving vehicles. Remodeling Model E Ford has reportedly told its dealerships to temporarily […]
Get Your Own Gas: Bugatti Rimac proposes future cars could come with at-home synthetic fuel stations
Toronto, Ontario — Bugatti Rimac CEO Mate Rimac recently suggested that future vehicles could come with an at-home fuel station that relies on synthetic fuels. While many other automakers are currently looking to make the switch to electric, Rimac commented at the Financial Times Future of the Car Summit in London, England on May 7th […]
Hood Havoc: Lamborghini recalls Urus model over risk of hood coming off
Toronto, Ontario — Lamborghini is recalling the Urus SUV due to the potential for the hood to detach, either partially or completely when the vehicle is travelling at high speeds. In total, the recall affects approximately 2,300 vehicles between the 2023 to 2024 model years, with around 2,133 vehicles affected in the United States and […]
A Dab of Dust: Nissan develops tire dust and cherry blossom scented perfume
Toronto, Ontario — Nissan has reportedly developed a new perfume, “Smell My Dust,” that smells like tire dust and cherry blossom, as part of its ongoing range of scents and to celebrate the Shanghai E-Prix. According to a report from Motor1, the perfume was developed to coincide with the upcoming Formula E race in Shanghai […]
Welcomes of the Week: CARSTAR Brampton under the new ownership of Mike Cherneta and Kapi Komera
Brampton, Ontario — CARSTAR Brampton has transitioned to new owners, Mike Chernato and Kapi Komera after being led by Frank Sottile since 2001. According to a recent press release, Mike Cherneta and Kapi Komera, who lead the MGM Group that also consists of CARSTAR Milton, CARSTAR Georgetown and CARSTAR Mississauga 401, were transferred ownership by […]
Pedestrian Predicaments: Electric vehicles more likely to hit pedestrians than ICE vehicles, says recent study
Toronto, Ontario — According to a study run by The Guardian, hybrid and electric vehicles (EVs) are more likely to strike pedestrians than internal combustion engine (ICE) vehicles, especially in urban areas. This information comes from an analysis of British road traffic accidents in which “data from 32 billion miles of battery-powered car travel and […]
