Recycling News – CRM 19#6
RECHARGED RECYCLING “Li-Cycle has announced it has closed a Series C equity funding round with intentions to use the funds for developing its Rochester, New York, commercial hub, along with an international market expansion. New York-based firm, Moore Strategic Ventures LLC, led the financing round. Founded in 2016, Li-Cycle says it has“reinvented the recycling process,” […]
Can you believe this?! – CRM 19#6
SITTING… PRETTY? Burlington, Ontario, police made an uncomfortable discovery in late November when they found a lawn furniture fixture where a driver’s seat should be. On November 30, the Scanner Feed shared images of a Ford Edge SUV that had been pulled over for a traffic violation. The images, shared to Facebook as a warning […]
Insurance News – CRM 19#6
INSURANCE IMPLICATIONS A government panel is recommending a fundamental overhaul of Albertan auto insurance, suggesting the province moves toward a no-fault model. Chris Daniel, who heads the governmentappointed Automobile Insurance Advisory Committee, says the change is critical if auto insurance is to remain sustainable while providing fair and timely care and compensation to those hurt […]
OEM News – CRM 19#6
I-XPERIMENTS As BMW gears up for the rollout of its all-new fully-electric iX “Sports Activity Vehicle” (SAV), the automaker revealed a redesign for its signature “kidney” grille which will take full advantage of the vehicle’s electric powertrain. The iX features an all-electric driving system capable of producing 500 hp with an estimated range of about […]
Technology News – CRM 19#6
THROUGH THE LENS Bosch’s automotive service solutions division has been using virtual reality technology to teach technicians how to properly calibrate cutting-edge advanced driver assistance systems and other repair techniques. Shawn Dupuie, Bosch training solutions manager for North America, said Bosch is currently working on three different learning platforms. The first platform is a partnered […]
Business News – CRM 19#6
ALL THE FIXINGS Fix Network has pledged support once again to the Ronald McDonald House Charities Canada (RMHC CANADA) by launching its initiative to help families with sick children during these stressful times. The initiative will run through the whole month of December to help support RMHC’s 34 programs across Canada that provide families with […]
Industry News 19#6
INDUSTRY INSIGHT Under normal circumstances, the Ontario automotive sector accounts for more than 20 percent of the GDP, but when North America’s economy shut down over COVID-19—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 estimated […]