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Independent Incentives: Nissan, Hyundai, among other automakers plan to offer EV rebates despite Canadian government pausing iZEV program

Ottawa, Ontario – Nissan Canada and Hyundai Auto Canada, among other automakers, have announced that despite the Canadian government’s cancellation of the federal iZEV program, the automakers will continue to provide an equivalent rebate on eligible vehicles. Specifically, as noted in recent online statements, Nissan announced that it will provide electric vehicle incentive funding for […]

Tuesday Ticker: Looking back at financial highlights from 2024

Toronto, Ontario — In this weekly Tuesday Ticker, we’re taking a look back at some of the highlights from 2024 to see the financial ups and downs that gave each season a unique financial forecast. Ramped up production; dwindled deliveries In January 2024, the year began with automaker Rivian announcing its production of 75 percent […]

Rail Records: Ford adds Explorer and Aviator rear rail sectioning procedure

Toronto, Ontario — Ford has expanded its available sectioning procedures to include a rear rail sectioning procedure in the 2020-2025 Explorer and 2020-2025 Aviator Workshop Manual. Specifically, during an I-CAR Live from this year’s SEMA Panel Discussion featuring Gerry Bonanni, Ford SR engineer, paint and body, announced the addition of the rear-rail sectioning procedure. As […]

Tuesday Ticker: Ford to pay near-record $165-million penalty on recall failure; Northvolt considers possibility of bankruptcy protections

Toronto, Ontario — In this weekly Tuesday ticker, Ford Motor Company has agreed to pay a near-record $165-million penalty to the National Highway Traffic Safety Administration (NHTSA) for allegations of failing to quickly respond to recall measures; while Northvolt is reportedly considering the possibility of bankruptcy protections in the United States. Fine finds Ford Motor […]

Preemptive Patent: Ford files patent for preemptive charging alert system for EVs

Toronto, Ontario — Ford has released a patent application for a preemptive charging alert system that would notify drivers if an energy price hike is imminent or if there will be a blackout. The patent, which was filed with the United States Patent and Trademark Office (USPTO) and published on November 12, 2024, specifically notes […]

Tuesday Ticker: Magna lowers 2024 guidance; Ford to hit the ‘lower end’ of 2024 earnings forecast, automaker warns

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, Magna reports better-than-expected Q3 financials⁠—yet still lowers its guidance amid global vehicle production slumps. Meanwhile, Ford warns investors that it will hit the ‘lower end’ of predicted earnings in 2024.  Production problems Shares of Magna International rose 7.8 percent following better-than-expected Q3 2024 results⁠—though the Ontario-based auto […]

Holo-Guard: Ford publishes patent for interior, exterior holographic technology

Toronto, Ontario — Ford has once again published an interesting patent⁠—the automaker’s latest technology proposes in-vehicle hologram technology that could display images on the outside of a car.  While the automaker does not outline an exact purpose for the technology, it does suggest users could emit images of police officers or vicious-looking guard dogs to […]

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