Faraday Future Announces Plans for Regaining Compliance With Nasdaq’s Listing Standards
The Company is proposing a reverse stock split ratio of up to 40:1. The Company may defer or not implement a reverse stock split if its stock price naturally gets the Company into compliance with Nasdaq’s minimum bid requirements. The Company is also proposing an increase in authorized shares that would enable it to better […]
Rivian to Host Investor Day on Thursday, June 27, 2024
IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that it will host an Investor Day on Thursday, June 27, 2024, from 8am CT. The event will give investors the opportunity to hear an update from Rivian’s leadership on the company’s progress to date and focus on key priorities. A live webcast of the investor […]
Gathering On the Green: CHC Paint and Body Shop Supplies hosts fifth annual golf tournament
Scarborough, Ontario — Industry members and golf lovers alike hit the green for CHC Paint and Body Shop Supplies fifth annual golf tournament at the Scarborough Golf Club in Toronto, ON. Hosting a record number of attendees in CHC’s largest tournament yet, the event brought together shops, insurers and suppliers from across the country. “CHC Paint […]
Green and Innovative Investing: Government seeks industry feedback on new sustainable apprenticeship system
Toronto, Ontario — The Minister of Employment, Workforce Development and Official Languages, Randy Boissonnault, alongside Ministers Jonathon Wilkinson and Seamus O’Regan, have launched a call for proposals from the industry under the new Sustainable Jobs Stream of the Canadian Apprenticeship Strategy’s Union Training and Innovation Program (UTIP). With an investment of over $95 million, the […]
Cruising Concerns: Toyota Canada recalls 11,000 vehicles for airbags that might not deploy if the driver’s window is down.
Toronto, Ontario — Toyota has announced a recall for the 2024 Toyota Grand Highlander and Lexus TX due to an issue where the airbags may not properly deploy on the driver’s side if their window is rolled down. In Canada, the recall specifically affects approximately 9,039 Grand Highlanders and 2,819 TX vehicles. In the United […]
In Memoriam: Douglas Roberts, 1951-2024
Barrie, Ontario — Collision Repair is extending sincere condolences to the entire Roberts family regarding the passing of Douglas Birkley Patrick Roberts. With a strong passion for vehicles, Douglas opened his first collision repair shop almost 50 years ago at 155 Brock St in Barrie, Ont. Roberts Collision then joined the Fix Auto network about […]
Tuesday Ticker: Fisker files for bankruptcy; Polestar chair steps down amid operational challenges
Toronto, Ontario — In this weekly Tuesday Ticker, electric vehicles continue to lose charge as Fisker officially files for bankruptcy and Polestar announces its chairman will be stepping down amidst operational challenges. Polestar pairings Polestar’s chairman, Håkan Samuelsson has announced plans to step down as part of a larger board shuffle within the company. Samuelsson, […]
