Volta Inc. Receives Notice from NYSE Regarding Trading Share Price Listing Rule
NEW YORK–(BUSINESS WIRE)–Volta Inc. (NYSE: VLTA, VLTA WS) (“Volta” or the “Company”), an industry-leading electric vehicle (“EV”) charging and media company, today announced that it received notice from the New York Stock Exchange (the “NYSE”) that the Company’s Class A Common Stock is not in compliance with the NYSE’s continued listing standard because the average […]
Desktop Metal Receives $9 Million Order from Major German Automaker for Binder Jet Systems for Mass Production of Automotive Components
BOSTON–(BUSINESS WIRE)–#3Dprinting–Desktop Metal (NYSE: DM), a leader in mass production additive manufacturing (AM) solutions, today announced the company has received a $9 million order from a major German automaker for binder jet additive manufacturing systems used for mass production of powertrain components. This is the second order from the same automaker in less than 12 […]
Balancing the Books: Used vehicle values slowly, steadily returning to normal, Canadian Black Book says
Toronto, Ontario — Canadian Black Book recently released its used vehicle valuations for October, which marked a 1.1 percent drop in the industry’s Used Vehicle Retention Index, down from 160.3 to 158.5 points. Used vehicle valuations in Canada currently sit in line with numbers recorded in December of 2021. The report did show that year-over-year […]
Takata Takes Another: Fatal 2006 Ford Ranger collision linked to Takata airbags, NHTSA says
Toronto, Ontario — Like a certain viral lung condition we have all become somewhat familiar with, faulty Takata airbags have re-emerged from the shadows to claim yet another victim; this time, the driver of a 2006 Ford Ranger in the U.S. The driver of the truck was killed following a crash that caused the drivers-side […]
Diversity and Inclusion: More to be done, say panelists at Empowering Auto Conference
Toronto, Ontario — More than 200 people attended Hyundai Auto Canada’s (HAC) Empowering Auto Conference last Tuesday, which aimed to promote the hiring and retention of women in the automotive industry. Panellists came from multiple organizations inside and outside the auto industry to speak with executives from OEMs including Hyundai, Volkswagen and Volvo. These sessions […]
Fresh Looks: GMC unveils three new exterior tints for 2023 Sierra lineup
Toronto, Ontario — GMC has announced three more reasons to get excited about the 2023 GMC Sierra, as the automaker lifted the veil on three exterior paint colours to be added to the popular pickup’s palette. Painters and refinishers can expect to see Sierras sporting new Sterling Metallic, Volcanic Red Tintcoat or Deep Bronze Metallic […]
EV/AV Report: Autonomous espionage and charging roads
Toronto, Ontario — In this week’s EV/AV report, autonomous vehicles (AVs) join the United States’ list of national security threats, Detroit announces prototype roads that wirelessly charge electric vehicles (EVs) and Tesla escalates the full self-driving beta (FSD) to all interested customers in North America. This is the latest in electric and autonomous vehicles. Weakest […]
Welcomes of the Week: Fix Auto Welland comes under new ownership
Welland, Ontario — The father-son collision repair dynamos known as John and Johnny D’Ambrosio are proud to announce that they are the new owners of Fix Auto Welland, marking the pair’s second repair centre in the network. The family has had a foothold in the St. Catharines, Ont. collision repair market for decades now, starting […]
Setting the Course: Applications for 2023 CCIF Steering Committee now open
Toronto, Ontario — Are you a member of Canada’s automotive aftermarket with a vision for the direction you would like to see our industry head in? CCIF has announced that seats on the 2023 Steering Committee are now open to all stakeholder groups. The committee is currently looking for applicants to fill the positions of […]
Outsourced Care: GM dealers repaired more than 11,000 Teslas in 2021
Michigan, United States — General Motors (GM) is proud to announce that its dealerships have added a new service to their portfolio—Tesla repairs. On Nov. 17 during the Detroit automaker’s Investor Day, GM president, Mark Reuss announced to investors that Tesla repairs have become a growing segment of the business, with more than 11,000 Teslas […]
