Most Recent

Ontario offers to fund workplace EV charging stations

Ontario offers to fund workplace EV charging stations

Ontario is expanding its charging infrastructure by offering to partially fund workplace electric vehicle charging stations. The province is willing to cover 80 per cent of the costs associated with installing the stations for companies and commercial building owners, who could gain up to $7,500 per charging space. “The program […]

 
 

GM China shifts focus to advanced manufacturing tech

GM China shifts focus to advanced manufacturing tech

General Motors is using DHL and other contractors in all 17 of its Chinese joint-venture factories to improve quality and efficiency, according to Reuters. The carmaker previously focused more on cheap labour than advanced technology, but this shift could mean big changes for manufacturing in the future. “GM’s Chinese operations […]

 
 

NAFTA issues could lead to vehicle price increases

NAFTA issues could lead to vehicle price increases

A possible unraveling of NAFTA negotiations could result in price hikes for new vehicles — something that Fiat Chrysler CEO Sergio Marchionne said will impact consumers. “The consumer, in the absence of a realignment of production facilities, will pay a price. It is not insignificant.” The comment comes several days after […]

 
 

Hyundai pledges to hire 45,000 people, invest $22 billion

Hyundai pledges to hire 45,000 people, invest $22 billion

Hyundai is pledging to hire 45,000 employees and reportedly invest nearly $22 billion in areas like electric cars and self-driving vehicles, according to Reuters. Analysts say the motives may be politically-driven and that the amount is unrealistic. “Hyundai Motor is in the process of limiting overtime and other ways to […]

 
 

Ford shares decline, “disappointing” 2018 forecast

Ford shares decline, “disappointing” 2018 forecast

Ford shares declined 2 per cent after the company’s profit fell short in 2017 and it issued a “disappointing” forecast for its 2018 earnings. The carmaker expects these earnings to be impacted by “higher commodity costs and exchange rates, which will offset gains from its cost-cutting efforts,” said CNBC. Ford […]

 
 

Ford plans $11B investment, 40 electrified cars by 2022

Ford plans $11B investment, 40 electrified cars by 2022

Ford is planning to increase its investment in electric cars to $11 billion by 2022, according to Chairman Bill Ford. “We’re all in on this and we’re taking our mainstream vehicles, our most iconic vehicles, and we’re electrifying them,” he said. The new investment is more than double the previous […]

 
 

Federal, Ontario governments support Linamar tech

Federal, Ontario governments support Linamar tech

The federal and Ontario governments are investing up to $100 million in grants towards auto parts maker Linamar Corp. “The funding will help Linamar build next-generation transmissions and drivetrains, high-efficiency engine parts and develop technologies for electric and connected vehicles,” according to CTV News. They also said the investments are […]

 
 

Tesla sued over alleged false marketing claims

Tesla sued over alleged false marketing claims

Tesla is facing a lawsuit in Norway for allegedly making false marketing claims about the Model S P85D, according to The Drive. The claim is one of several to be brought forward in the country. Some customers have also accused the automaker of overhyping the vehicle’s horsepower in advertising, and […]

 
 

Detroit Three pickups could help fund the future

Detroit Three pickups could help fund the future

Ford, General Motors and Fiat Chrysler each introduced a pickup truck at the Detroit auto show that will generate revenue and profit to help fund the future, according to Michelle Krebs, an automotive analyst for AutoTrader. “The dilemma for Detroit automakers is that unlike a Tesla or another Silicon Valley […]

 
 

Self-driving cars must benefit rural communities too

Self-driving cars must benefit rural communities too

The U.S. auto industry needs to ensure that autonomous cars help improve life in rural communities and not just in urban areas, according to U.S. Transportation Secretary Elaine Chao. In an interview with the Detroit Free Press, Chao said it’s worth noting that “rural America accounts for a disproportionately large […]