Tuesday Ticker: February 22, 2022
Toronto, Ontario — This week, Magna feels the effects of the Ambassador Bridge closure on top of an already difficult start to the year; Volkswagen and Huawei reportedly eye a partnership in autonomous driving tech and both Renault and Rivian vow never to dip their toes into the ocean. Ambassador effects Magna International is feeling […]
Keeping it Light: Project Arrow to incorporate Cymat SmartMetal aluminum foam
Toronto, Ontario — The Automotive Parts Manufacturers Association’s (APMA) Project Arrow will feature crash system components from Canadian manufacturer Cymat Technologies and its design partner Tesseract Structural Innovations. Cymat and Tesseract will design and supply a number of components for specific areas of the Project Arrow concept car, including Cymat’s SmartMetal aluminum foam, which the […]
High Velocity: Jeep unveils new paint colour for 2022 Wrangler
Toledo, Ohio — The folks at Jeep have proudly proclaimed their love for yellow with a new paint colour for the 2022 Wrangler model year, called “High Velocity” yellow. The shade toes the line between neon yellow and lime green and also features an almost metallic-like finish. The automaker unveiled the new paint hue alongside […]
Nice, NOVUS: Glass company named 101 on Franchise 500 list for 2021
Toronto, Ontario — NOVUS Glass has made Entrepreneur’s Fortune 500 list for 2021. The company was listed at number 101, up from number 140 in 2020. NOVUS Glass touts 2,013 locations globally. The company was founded in 1972 after Dr. Frank Werner replaced three windshields with small breaks. Werner then teamed up with a chemical […]
Level Up: Skills Canada hosting Feb. 24 event aimed at skilled trades awareness
Toronto, Ontario — On February 24, Skills Canada is hosting its free 2022 Level Up! event to promote youth involvement in the skilled trades across Canada. According to the event agenda, the day-long event, set to run from 9 a.m. to 4 p.m., will feature a host of sessions dedicated to promoting youth interest in […]
All for One: Simplicity Car Care announces employee profit sharing program
Toronto, Ontario — Simplicity Car Care announced the launch of its new employee profit-sharing program last Friday. The new initiative will see a percentage of Simplicity Car Care’s qualifying profits allocated to “eligible employees as recognition of their hard work and dedication to growing the Simplicity network,” said the company. “At Simplicity Car Care, continuing […]
Flood Fees: Princeton, B.C. public works faces $650,000 in claims with ICBC
Princeton, British Columbia — The Town of Princeton is still reeling from claims associated with last November’s flood events. The town’s public works lost a total of 16 trucks and pieces of heavy-duty equipment, resulting in approximately $650,000 in claims to ICBC. The deductibles on the vehicles and equipment are standard amounts, according to the […]
Tuesday Ticker: February 1, 2022
Toronto, Ontario — This week, Rivian buckles down in a mission to meet 2022 delivery goals; Bentley allocates nearly CAD$4 billion to sustainability efforts and Uni-Select preps to unveil its Q4 2021 results. Rivian’s rest Rivian said it’s planning to ramp up its production to “almost 200 delivery-ready units per week,” according to sources from […]
Answer the Call: AIA Canada calling for Board of Directors recommendations, applications
Ottawa, Ontario — The Automotive Industries Association of Canada (AIA Canada) has issued a call for nominations and applications to its Board of Directors. Each year, at least three directors complete their terms on the AIA Canada Board; the Nominations Committee then proposes a range of candidates to be considered to replace them. Subsequently, during […]
Tuesday Ticker: January 25, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, PPG reports its Q4 2021 and full-year results, while Honda makes a deal with a lithium-metal battery supplier. Picking up pace PPG reported both its full-year 2021 and Q4 2021 results last Friday, reporting net sales of about US$4.2 billion for the final quarter of 2021, about […]
