Life’s a Game: Ford publishes patent for remote-controlled vehicles
Detroit, Michigan — Ford published a rather interesting patent in early December; it appears the OEM is pursuing vehicular remote control capabilities via a smartphone controller. The original patent was filed on June 2, 2021, and published on Dec. 8, 2022. The patent looks at capabilities in controlling a vehicle that’s towing a trailer, though […]
Tuesday Ticker: Largest U.S. dealership chain sets sights on mobile repair startup; Li Auto reports record deliveries
Toronto, Ontario — American dealership chain AutoNation adds a mobile repair chain to its portfolio and a China-based EV maker sees a stellar reaction to its recent delivery numbers in the first Tuesday Ticker of 2023. AutoNation everywhere AutoNation has announced its acquisition of mobile repair service RepairSmith, with the deal set to close during […]
Class at Camosun: B.C. college receives donation to support women in trades
Victoria, British Columbia — Camosun College has received a $1.285 million donation the college says will help open the doors to more women pursuing a career in a range of Red Seal trades programs. The gift from The Gwyn Morgan and Patricia Trottier Foundation is the second time the foundation has supported the Empowering Women […]
Moves for Murray: Boyd Group announces interim CFO
Winnipeg, Manitoba – The Boyd Group recently announced the appointment of Jeff Murray as interim CFO, effective January 1, 2023. On August 10, 2022, Boyd announced the planned retirement of Pat Pathipati from the role of Executive Vice President & CFO, effective December 31, 2022. The previously announced search to succeed Pat Pathipati in the role of […]
Tuesday Ticker: VINFast files IPO; Ottawa seeks EV manufacturing investments
Toronto, Ontario — It’s time for your weekly automotive business economics report. This weekly Tuesday Ticker covers VINFast’s anticipated initial public offering announcement, plus the federal government’s rumoured response to the U.S. Inflation Reduction Act. VFS—coming soon to a ticker near you Vietnam-based EV maker VinFast revealed last week that it has filed for an […]
Tuesday Ticker: CAMI kicks off electric delivery truck production; Rivian makes first deliveries to B.C. market
Toronto, Ontario — In this weekly economical report, General Motors starts up EV assembly lines in Ontario; Rivian makes its first Canadian deliveries and promises increased production in Q4 while the Canadian pension fund offloads some electric shares. Bring on BrightDrop The CAMI Assembly plant in Ingersoll, Ont.—which General Motors spent seven months and more […]
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Reusable Aerosol Cans? Rexall Solutions unveils the Rex-Allbag at SEMA 2022
Las Vegas, Nevada — Rexall Solutions unveiled a brand-new product at SEMA 2022–the Rex-Allbag, providing the industrial sector with an innovative–and reusable–new approach to aerosol. “The beauty of it is, you buy the canister once and use it with whole lines of products,” says Ryan Rahbar, Rexall’s president. “The bottom of the can has this […]
Tuesday Ticker: AutoCanada marks ‘record-setting’ quarter; Toyota teases new Prius, despite low model sales
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada reports its Q3 financial results, adding more than $45 million in acquisitions to its portfolio. Meanwhile, Toyota teases the fifth-generation Prius amid decreasing global sales numbers, and Volkswagen crosses a finish line far earlier than planned. ‘Another record-setting quarter’ AutoCanada reported financial results last Wednesday, marking […]
Nickel and Dime: IBC criticizes ICBC for lowering payouts despite more accidents occurring
Victoria, British Columbia — A report by the Insurance Bureau of Canada (IBC) alleges that injury claims paid out by Insurance Corporation of British Columbia (ICBC) are falling more than in previous years, despite a trending increase in the number of accidents. ICBC has rebuked this claim as misinformation, with IBC saying that these claims […]
