KBRA Releases Auto Loan ABS Indices for October 2021
NEW YORK–(BUSINESS WIRE)–#KBRA–Kroll Bond Rating Agency (KBRA) releases its auto loan ABS indices for October 2021. Early-stage delinquencies (30-59 days past due) in KBRA’s Prime Auto Loan Index increased 4 basis points (bps) month-over-month (MoM) to 0.84%, while late-stage delinquencies (60+ days past due) rose 1 bp to 0.29%. Meanwhile, early- and late-stage delinquencies in […]
U.S. Secretary of Energy and Officials Celebrate New NOVONIX Facility in Tennessee
Company is first and only supplier of U.S.-made synthetic graphite CHATTANOOGA, Tenn.–(BUSINESS WIRE)–Today, U.S. Secretary of Energy Jennifer M. Granholm, along with federal, state and local officials, celebrated NOVONIX’s new facility in Chattanooga, Tenn., where the company will produce high-capacity long-life synthetic graphite anode material. NOVONIX is the only qualified U.S. supplier of the material, […]
Potato Recipes to Please Everyone at Your Holiday Table
Potatoes Reign Supreme as America’s Favorite Thanksgiving Side DENVER–(BUSINESS WIRE)–#food–Thanksgiving is here, and with it, we kick off the holidays. Potatoes USA, the home of U.S. potato farmers, has long known that potatoes are the king of Thanksgiving sides, and a recent analysis of Google Trends found that most Americans agree! From coast to coast, […]
Joe Hudson’s Collision Centers Announces CEO Transition
President and CEO Traweek Dickson to Retire and Become Executive Chairman Brant Wilson Appointed CEO MONTGOMERY, Ala.–(BUSINESS WIRE)–Joe Hudson’s Collision Centers (“JHCC”) a leading platform in the collision repair industry, today announced that President and CEO Traweek Dickson is retiring after over three decades with the company, and will take on the role of Executive […]
No Letup in Commercial Truck Prices, J.D. Power Finds
MCLEAN, Va.–(BUSINESS WIRE)–After October’s strong month for pricing in all commercial truck segments, incoming November data suggests pricing will still increase, according to analysts from J.D. Power Valuation Services, as reported in the November 2021 Commercial Truck Guidelines Industry Update. “Similar to last month, shipping backlogs and parts shortages continue to be as critical as […]
Left Behind: More than 30 Ontario trades inspectors to be laid off for new Skilled Trades Ontario model
Toronto, Ontario — Does the line, “I give you my word: not one single person will be laid off when I become Premier,” ring any bells to any Ontarians? Because the province’s skilled trades inspectors are reeling after the Ford government issued layoff notices to more than 30 Ontario College of Trades (OCOT) employees. “We […]
Tsk-Tsk Tesla: Tesla Model X finishes second last in consumer reliability report
Toronto, Ontario — Tesla has taken another beating in the court of public opinion as the EV automaker finished twenty-seventh out of 28 on a recent Consumer Report reliability survey. Tesla’s Model X was revealed as the brand’s least reliable vehicle on Friday, scoring a mere five points out of a possible 100. Consumer reports […]
Tying us Together: Toyota partners with Black Business and Professional Association for scholarship program
Toronto, Ontario — In doing their part to help diversify the Canadian automotive industry, the Toyota Canada Foundation has announced that they will be funding a series of scholarships in partnership with the Black Business and Professional Association (BBPA). Over the next two years, BBPA will select six Black students pursuing post-secondary education in a […]
Friendly Faces: B.C. auto retailers association launches EV confidence initiative
Burnaby, British Columbia — The Automotive Retailers Association of British Columbia (ARA) has announced the launch of EVfriendly, an initiative designed to cultivate a higher degree of confidence in zero-emission vehicle (ZEV) ownership in the province. “The motivation for developing EVfriendly was to help instill greater confidence for consumers who are likely to transition from […]
Tuesday Ticker: November 23, 2021
Toronto, Ontario — This week, Ford and Rivian officially scrap plans to work together; news of potential release dates flurry around Apple’s rumoured EV project and AutoCanada grabs the eyes of market analysts with its latest acquisition. Ford and Rivian announce breakup In 2019, Ford invested a hefty sum of US$500 million in Rivian, later […]
