Pandemic Intensifies Margin Pressure on Automotive Suppliers; Sales Expected to Decline Globally by 15 to 20 Percent In 2020
EBIT margins fell to a historic low of 1.7 percent in the first half of 2020 Car sales in North America and Europe expected to reach pre-crisis levels only after 2026 Suppliers must balance restructuring and strategic realignment MUNICH/FRANKFURT–(BUSINESS WIRE)–Electromobility, autonomous driving and digital transformation of cars: Technological change continues to put pressure on margins […]
United States Electric Vehicle Industry Report 2020-2025: Transitory Trends in the Electric Vehicle Ecosystem – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Transitory Trends in the Electric Vehicle Ecosystem in the United States, 2025” report has been added to ResearchAndMarkets.com’s offering. As we move into the new decade, the electric vehicle (EV) industry is likely to experience total sales of over 2.5 million units (including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). […]
The Best Black Friday & Cyber Monday Tire Deals 2020: Best BFGoodrich, Firestone, Tire Rack & More Tire Deals Reviewed by Deal Tomato
Save on Discount Tire, Firestone, BFGoodrich and Tire Rack tire deals at the Black Friday & Cyber Monday sale, featuring all the top tire and snow tire sales BOSTON–(BUSINESS WIRE)–Black Friday & Cyber Monday tire deals have landed. Find the best discounts on best sellers from popular brands like Tire Rack, BFGoodrich, Discount Tire and […]
Winter Blues: Collisions and claims numbers dwindle in Edmonton, Alta.
Edmonton, Alberta — You would expect most to jump from joy when told vehicle collisions have been on the decline in Edmonton, Alta.–in this industry, that is simply not the case. According to statistics from the Edmonton Police Service, there were 35,819 collisions in the city in 2019. But the latest data reveals there have […]
EV/AV Report: November 30, 2020
Toronto, Ontario — In this week’s EV/AV report, Earth Day Canada kicks off a new electrifying endeavour, Durham Region sees a bevy of new EV chargers and we look back on the inventor of Canada’s first gas-powered vehicle. we look back on the first Early Earth Day As of November 24, 2020, Earth Day […]
Joint Custody: Ontario gov. announces $1 million Group Sponsorship Grant for trades development
Toronto, Ontario – The Government of Ontario has announced a $1 million grant program that they are hoping will encourage employers to take on more trades apprentices. The Group Sponsorship Grant (GSG) announced by the provincial government in mid-November will provide funding to employers with annual maximum funding of $1 million to help guide apprentices […]
Just Glue It: Glue Pull Repair Manager Kit from Keco Body Repair
Oklahoma City, Oklahoma — Glue pull repair eliminates stud welding so your repairs are far less intrusive with less post-pull work pounding, filling, priming and painting. There is no need to spray wax or coatings inside the panel, as you do not burn any of the OEM material away. The Keco Collision Manager Kit is […]
Wicked Welds: Smart Spot Welder 60-3664P from Arslan Automotive
Pointe-Clare, Quebec — The SMART Spot Welder by TECNA boasts a digital touch screen display, enabling technicians to easily check welding parameters according to the type of tool, plus the type of thickness of the sheet(s) being welded. Once the welding gun contacts the metal, it will recognize the type and thickness of metals and […]
i-Xperiments: 2022 BMW iX to feature innovative “digital grille,” adaptive roof tinting
Woodcliff Lake, New Jersey – As BMW gears up for the rollout of its all-new fully-electric iX “Sports Activity Vehicle” (SAV), the automaker revealed a redesign for their signature “kidney” grille which will take full advantage of the vehicle’s electric powertrain. Set to launch in the U.S. in early 2022, the iX is BMW’s first […]
Post-Taxi Playing Field: Quebec outlines “post-taxi” transportation regulations
Quebec City, Quebec – A recent act from the Quebec government is aiming to clear the path to a post-taxi future for the province while ensuring that existing drivers and their vehicles can be grandfathered into the system. The Act Respecting Remunerated Passenger Transportation by Automobile (CQLR c T-11.2) came into effect on Oct. 10 […]
