Tuesday Ticker: Federal government stalls EV rebates, says ‘funds fully committed’
Toronto, Ontario — This weekly Tuesday Ticker features the federal government’s decision to end EV incentives, plus Honda’s strategy to “proceed cautiously” with any Canadian EV battery plant plans. Funds fully committed On Jan. 13, The Federal Government of Canada abruptly paused the electric vehicle incentive program offering Canadians rebates up to $5,000 when purchasing […]
Merging Markets: Honda and Nissan announce plans to begin talks of merging amid growing EV competition
Toronto, Ontario — Automakers Nissan and Honda have announced plans to enter negotiations for a merger that further includes Mitsubishi Motors, in an attempt to help the companies compete in the growing electric vehicle market. This announcement specifically follows the Japanese automakers entering a strategic partnership in August to share automotive components and software. And, […]
Fuel Fissures: Honda recalls 61,000 vehicles in Canada due to fuel pump issues
Toronto, Ontario — Honda has announced that it is voluntarily recalling approximately 61,000 vehicles in Canada due to a fuel pump defect that could cause fuel leaks and increased fire risk. The automaker announced in a statement released last week that “due to a defective high-pressure fuel pump core, cracks may form inside the fuel […]
Give it Some Grease: Honda recalls 239,000 vehicles in Canada for defective part in steering system
Toronto, Ontario — Honda Canada announced on Wednesday that it is recalling approximately 239,000 Acura and Honda vehicles for an improperly produced steering gearbox worm wheel which could result in defective steering. This voluntary recall specifically affects 2022 to 2025 model-year vehicles and the defective part, according to the automaker, “may swell if exposed to […]
Sustainable Schedule: Honda outlines new recycling plans for products and parts in 2024 ESG Data Book
Toronto, Ontario — Honda’s 2024 environmental social governance (ESG) Data Book has outlined the automaker’s plans for increased recycling efforts for future products and parts. The report states that Honda aims to “take on the challenge” in shifting to a recycling-oriented business that creates economic value while reducing consumption of the Earth’s limited resources. To […]
Bumper Watch: Honda releases updated statement on bumper cover repairs for AcuraWatch 360-enabled vehicles
Toronto, Ontario — Honda recently released a position statement for bumper cover repairs on models equipped with the AcuraWatch 360 system that details how the sensor units require extra consideration when performing repairs. Specifically, according to the position statement published by Repairer Driven News, “models equipped with AcuraWatch 360 have radar units behind front and […]
Tuesday Ticker: Canadian officials reportedly close to deal with Honda; Rivian stock continues its drop
Toronto, Ontario — In this weekly Tuesday Ticker, Canadian officials get one step closer to a reported deal with Honda, while a market analyst roots for Rivian despite the company’s stock reaching all-time lows. Handshake with Honda Canadian federal officials are close to forming a deal that could see Honda build EVs in Ontario, according […]
Idolizing Independent: Consumer Reports survey shows customers prefer independent shops vs. dealerships for repairs
Toronto, Ontario — A new Consumer Reports survey reveals that customers prefer independent shops over dealerships for automotive repairs. The survey–based on 10,973 responses from Consumer Reports members on 11,670 repairs at 36 auto repair chains, independent shops and dealerships–further revealed that Hyundai, Jeep and Kia scored lowest for overall customer satisfaction. The survey asked […]
Tuesday Ticker: Honda eyes huge investment in Canada; Rivian marks production records
Toronto, Ontario — In this weekly Tuesday Ticker, Honda considers what could reportedly be its largest-ever investment, while Rivian grapples with a double-edged sword. Eyes on EVs According to weekend reports from Japanese news outlets, Honda is considering an $18 billion investment to build a Canadian electric vehicle plant. Reports came out on Sunday after […]
Moving to the Mall: Kirmac Collision and Autoglass acquires Automall Autobody in Abbotsford
Abbotsford, British Columbia — Kirmac Collision and Autoglass has announced its acquisition of Automall Autobody in Abbotsford, B.C. This acquisition marks Kirmac’s 17th location in the Metro Vancouver market. According to a recent press release, the Abbotsford region was chosen because it is a growing community located one hour from downtown Vancouver and because it […]
