LG Chem LUCON® TX5007, the Engineering Plastic Used for Electrostatic Powder Coating Is Now Applied to Japanese Global OEM’s Front Fenders
SEOUL, South Korea–(BUSINESS WIRE)–#FrontFender—LG Chem (KRX: 051910) has started supplying engineering plastics to Mitsubishi Motors for its powder coating parts used as the front fenders of RVR, Delica D:5 and Outlander models. Front fender is located on the side of the vehicles, which not only acts as one of key factors in the exterior design […]
Westlake Portfolio Management Selected to Service Car Capital’s $105 Million Active Portfolio
LOS ANGELES–(BUSINESS WIRE)–#pressrelease–Westlake Portfolio Management (“WPM”), a 3rd party loan servicing company located in Los Angeles, California, has been selected by Car Capital, an auto loan company and a subsidiary of Car Capital Technologies based in Grapevine, Texas, as its primary servicer for Car Capital’s $105 million active portfolio. “Through this partnership, we will be […]
Unenviable Reputation: Canadian auto theft sees 44.8 percent increase in 2022
Toronto, Ontario – Auto thefts cross Canada are spiking under the coordination of international crime rings, according to government officials speaking with Global News. According to the Canadian Border Services Agency, motor vehicle theft was the second most common reported crime, with 9,439 reported incidents–just behind assault, at 14,531 counts. In 2022, auto thefts in […]
Tuesday Ticker: Tesla schedules annual Investor Day; Rivian barely misses 2022 production guidance
Toronto, Ontario — In this weekly Tuesday Ticker, Tesla sets a schedule for its 2023 Investor Day, while Rivian recovers from narrowly missing its 2022 production marks. Let’s talk Tesla Tesla has announced a date for its annual Investor Day. This year’s event will be held March 1 and will provide investors with Tesla’s “most […]
Crystal Ball: No break in insurance, repair cost inflation coming in 2023, Ratehub.ca predicts
Toronto, Ontario — The insurance experts at Ratehub.ca published their predictions for 2023 in late December, with results showing little reprieve on the way for an already strained insurer-repairer ecosystem, as inflated repair costs have trickled downward to increased premiums for customers. Statistics Canada’s October Consumer Price Index report for passenger vehicle insurance premiums shows […]
