An Intimate Gathering: Montreal auto show to go ahead with reduced space, many major OEMs absent
Toronto, Ontario — Organizers of the 2023 Montreal International Auto Show (MIAS) are assuring prospective attendees that the show will go on, as supply chain disruptions putting strain on OEM inventories have many automakers skipping out on this year’s auto show season, with Calgary forced to call off its event altogether. “To date, the show […]
Extended Trial Period: LORs skyrocket for non-drivable claims nationwide, Enterprise report says
Toronto, Ontario — Canada is quickly losing its edge in the collision replacement-related rental market, as the latest Enterprise LOR (length of rental) report showed that the average rental in the nation is up 5.8 days from the second quarter last year, significantly closing the gap to the U.S.’s 17.7 day average. The average LOR […]
Assembled As Is: GM to deliver some Equinox, Terrain models without certain ADAS features
Toronto, Ontario — An ongoing microchip shortage isn’t stopping major automakers from carrying on with production as General Motors revealed that they will be shipping some 2022 Chevrolet Equinox and GMC Terrain vehicles without certain advanced driver assistance system (ADAS) features. A GM spokesperson said on July 4 that certain Equinox and Terrain models will […]
All Air, No Chips: Semiconductor shortage likely to continue into next year, Stellantis COO says
Windsor, Ontario — A current picture of the ongoing semiconductor shortage has come in, thanks to the CBC, with reports showing that the lack of microchips in the auto industry has resulted in the equivalent of an entire year of layoffs for Stellantis auto plant workers. According to Unifor Local 444, the Windsor, Ont. chapter […]
Modern Manufacturing: Latest O-AMP round invests $5.5 million into Ontario auto manufacturers
Toronto, Ontario — Tuesday saw another round of investments distributed to some Ontario-based manufacturers as part of the Ontario Automotive Modernization Program, a campaign that seeks to strengthen the province’s supply chain. The Ontario government has earmarked more than $5.5 million in funding for a number of businesses operating in the automotive industry to help […]
Cyber Sorting: BMW-backed startup develops digital fingerprints for auto parts
Toronto, Ontario — A BMW-affiliated tech company has developed a piece of technology that allows automakers and suppliers to track and authenticate parts across supply chains and distribution systems through a digital fingerprinting system. According to the CEO of Bellevue, Wash.-based Alitheon, Roei Ganzarski, the company’s technology is able to authenticate tiny surface characteristics within […]
Hero for Hire: Diver offers to recover vehicles lost from capsized container ship
Azores, Portugal — There are few moments in life where you get to feel like the 80s action hero who is being called in for one last mission—no one has the skills and precision that you do—but instead everyone calls you stupid and thinks you’re trying to scam them. It’s tough being a hero. As […]
Cyber Stall: Toyota forced to halt domestic production due to suspected cyber attack
Toronto, Ontario — Proving the need for adequate online protection for businesses, Toyota has announced that it will be forced to halt production at its 14 Japanese factories on Tuesday, due a suspected cyber attack suffered by one of the automaker’s plastic parts suppliers. Toyota says they expect to lose about 13,000 vehicles in output […]
Pressured Pricing: Material costs plateauing, says AkzoNobel CEO
Amsterdam, Netherlands — In an interview with CNBC, AkzoNobel CEO Thierry Vanlancker said that raw material prices are plateauing, not decreasing. “I think what we said back then is exactly what’s happening. We’ve reacted vividly in our pricing: 12.5 percent in the quarter, and 14 percent on the exit rate,” said Vanlancker. This forecast follows the […]
Supply Seer: Martinrea joins partnership to develop ‘supply chain resiliency platform’
Toronto, Ontario — In what looks kind of like “Minority Report” for the auto industry, Vaughan, Ont.-based auto parts manufacturer, Martinrea International has joined forces with Next Generation Manufacturing Canada (NGen) to develop a “supply chain resiliency platform” to predict and inform manufacturers, and in turn, the industry, of potential disruptions. This announcement comes alongside […]
