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Power Plan: Canadian auto industry praises Ontario’s new electricity subsidy plan

Ottawa, Ontario — Ontario has announced its plan to subsidize a portion of electricity rates for medium and large commercial and industrial businesses According to the Ford government, the current cost of hydro for automakers and their suppliers are making the province uncompetitive with other jurisdictions. Starting Jan. 1, 2021, Ontario’s plan could see industrial […]

A-Ford-able EVs: Ford CEO pledges no ‘six-digit’ prices  

Oakville, Ontario — Jim Farley, Ford CEO has stated he will not be releasing electric vehicles in the six-figure range. Instead, Ford EV’s will be as affordable as possible.  “We are not going after the $100,000-plus market. These are affordable vehicles,” Farley said in a statement.  He later noted, the Ford EVs he has in […]

Industry Insight: KPMG reports on state of industry, predicts heightened EV production

Richmond Hill, Ontario — Under normal circumstances, the Ontario automotive sector accounts for more than 20 percent of the GDP, but when North America’s economy shutdown over COVID19—so did sales. When production started ramping up in May, a rebound began and produced a 46 percent improvement, although annual sales are down 16 percent year-over-year, an […]

Corvette Cause: Help raise funds for ‘Sharon’s Kids’ Foundation

Oshawa, Ontario — Get your hands on the last seventh-generation Corvette or one of the first eighth-generation Corvette Stingray–because now you can by helping a cause doing so. General Motors of Canada and Chevrolet have donated one of the last seventh generation corvettes and the first eighth-generation all-new, mid-engine Corvette Stingray to the Durham Children’s […]

NOW Open: Ontario’s first-ever Porsche pop-up gallery

Markham, Ontario — Porsche NOW has officially opened at CF Markville, offering Porsche fans, prospects, and customers a unique experience with the brand. The pop-up is located on the ground floor of Markville and features two Porsche vehicles, including the all-new, all-electric Taycan, and a design centre offering visitors’ the ability to custom-configure their own […]

That 70s Study: Middle-Aged drivers more likely to crash than seniors, says IIHS

Toronto, Ontario — Most would expect middle-aged drivers to have the best track record, however, a new study by the Insurance Insitute for Highway Safety (IIHS) suggests that is changing. Over a 21-year period from 1997 and through 2018, IIHS has collected data analyzing the number of fatal crashes per 100,000 licensed drivers. That data […]

Digital Dreams: Future for the Car Summit 2020

Toronto, Ontario — Financial Times Live is producing its sixth annual digital summit unpacking the complex internal forces that are changing the future of the automotive industry forever. The digital conference titled, “Future of the Car,” and will be held from December 2 to the 4 starting at 9 a.m. GMT on Financial Times Live […]

PEOPLE ON THE MOVE

John Griffin – AkzoNobel AkzoNobel has appointed John Griffin as regional commercial director for Automotive and Specialty Coatings in the Americas. Griffin has held various sales, management and executive roles across the company’s global and regional automotive aerospace, packaging, yacht and film coatings segments. Griffin will also continue to be AkzoNobel’s regional director for North […]

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