Triple Threat: Li-Cycle plans third battery recycling facility in North America
Phoenix, Arizona — Canadian startup Li-Cycle Corp. plans a third battery-recycling facility in North America, doubling its capacity in the region as the global electric-vehicle boom gathers momentum. The centre, to be located near Phoenix, will be capable of processing up to 10,000 metric tons of end-of-life batteries and battery-manufacturing scrap per year, said Li-Cycle; […]
Doubling Down: Simplicity Car Care welcomes two new locations
Toronto, Ontario — This week, Simplicity Car Care announced the addition of two new collision centres to its network; one in Prince George, B.C. and another in Montréal, Québec. Riverside Collision was established in Prince George, B.C. 1991 with two bays and a mission to deliver quality collision repair to customers. Since then, the business […]
Eyes on the Road: Magna’s near rear-view mirror monitors for distracted driving
Aurora, Ontario — Magna International’s latest market-ready solution is integrated into an interior mirror and meets global regulations related to the detection of distracted driving. According to the company, the mirror utilizes proven camera-based technology to monitor the driver’s head, eye and body movement to detect distracted behaviour, drowsiness and fatigue. If distracted behaviour is […]
Go for Growth: Simplicity Car Care unveils 2020 Annual Report
Toronto, Ontario — With more than 35,000 customers served and $40.6 million in sales last year, Simplicity Car Care is ready to span its success into 2021 and beyond. Released Tuesday, Simplicity’s 24-page 2020 Outlook Report showcases some impressive statistics regarding the banner groups’ pandemic performance and data on the operations of its 53 Canadian […]
Ford’s Figures: Ford to release Q1 earnings on April 28, followed by conference call
Dearborn, Michigan — Mark your calendars and get your calculators out, Ford has picked a date for its Q1 earnings conference call. Ford president and CEO Jim Farley will be releasing the numbers from this fiscal year’s first quarter at 4:05 p.m. EST on April 28. Immediately following that, at 5 p.m Farley, along with […]
SARIT Your Engines: Magna founder reportedly planning three-wheeled EV
Aurora, Ontario — Frank Stronach, founder of Aurora, Ont.-based Magna International, is reportedly planning to build a three-wheeled, single-seat EV in the Greater Toronto Area. The Toronto Star was the first to report Stronach was looking to build a new headquarters for his Safe Affordable Reliable Innovative Transport (SARIT) company after he applied for a […]
Tech Tax: Saskatchewan’s new EV tax ruffles industry feathers
Regina, Saskatchewan — The Saskatchewan government will implement a $150 annual tax for passenger electric vehicles, effective Oct. 1, 2021. The announcement was made Tuesday alongside the province’s 2021-22 budget. Government officials said the reason for the tax is that electric vehicles do not contribute to highway maintenance through the provincial fuel tax. Throughout the […]
All Aboard: Nissan Murano earns Top Safety Pick+
Toronto, Ontario — The Insurance Institute for Highway Safety (IIHS) awards 2021 Nissan Murano the Top Safety Pick+ designation. Nissan Murano is the fourth Nissan model to be awarded IIHS’s Top Safety Pick+ after Nissan Rogue, Maxima and Altima. All four models feature Nissan Safety Shield 360 as standard equipment. The 2021 Nissan Murano earned […]
Tuesday Ticker: April 6, 2021
Toronto, Ontario — Li-Cycle announces its participation in a run of investor events, Tesla reports strong sales numbers in spite of microchip shortage and FCA also releases it’s Q1 financial report, in this week’s Tuesday Ticker. Investor Circuit Li-Cycle announced that it plans to participate in several upcoming investor events, beginning this week. The company […]
Subaru Setting Pace: Automaker reports best March on record nationwide
Markham, Ontario — Subaru Canada has announced its best-ever March sales result with 5,386 vehicles sold nationwide. The Crosstrek and Outback led the way, and with strong performances throughout the entire Subaru lineup, said the OEM. Subaru’s March sales performance marks a 94.3 percent increase compared to the same month last year and represents Subaru […]
