Tuesday Ticker: November 2, 2021

Toronto, Ontario ⁠— This week, Uber outperforms lift in the immediate aftermath of pandemic lockdowns; automakers announce Q3 losses across the board and Tesla CEO Elon Musk looks to solve world hunger with the UN’s assistance. Do you even Lyft? Market analysts say that Uber is outperforming Lyft as ridesharing ramps up from pandemic lows. […]

Local Love: FCA Canada employees raise $900K-plus for Windsor-Essex United Way

Windsor, Ontario — Employees of FCA Canada (now Stellantis) are giving back in a big way to the community that has supported their company for so long with the donation of $943,149 to the United Way/Centraide Windsor-Essex County 2020-2021 campaign. Announced on Tuesday, this donation is the single largest ever made to the United Way […]

Stale Chips: Stellantis idles Windsor, Ont. minivan production until May 3

Windsor, Ontario — Stellantis, formerly known as Fiat Chrysler (FCA), will idle its minivan plant in Windsor, Ontario, until the end of April, due to the global microchip shortage. Production is scheduled to resume May 3, the automaker said. The Chrysler Pacifica, Voyager, Grand Caravan and Pacifica Hybrid minivans are all built at the Windsor […]

Tuesday Ticker: April 6, 2021

Toronto, Ontario — Li-Cycle announces its participation in a run of investor events, Tesla reports strong sales numbers in spite of microchip shortage and FCA also releases it’s Q1 financial report, in this week’s Tuesday Ticker. Investor Circuit Li-Cycle announced that it plans to participate in several upcoming investor events, beginning this week. The company […]

Big Money; Possible Whammies: Stellantis plans to triple EV sales in 2021

Milan, Italy — Stellantis, formed from a merger between FCA and Groupe PSA, is betting big on themselves this year, announcing a plan to triple its global sales of electric vehicles this year, the head of holding company Exor, the carmaker’s main shareholder, said on Thursday. The world’s fourth largest carmaker targets global sales of […]

Take Note: FCA releases Steering System Position Statement on steering column repair

Toronto, Ontario — When safe, signal and pull over into the right shoulder—I-CAR has the latest on a new update from FCA (Fiat Chrysler Automobiles) concerning steering system inspections and proper replacement procedure after a collision. The FCA Steering System Position Statement states: “If the vehicle is involved in a collision where the airbag has […]

Tuesday Ticker: January 26, 2021

Toronto, Ontario ⁠— In this week’s Tuesday Ticker, PPG pummels its 2019 Q4 numbers, Fiat Chrysler and PSA make a final handshake and Axalta preps to unveil its full-year results for 2020. PPG powers through PPG has fourth quarter 2020 net sales of approximately US$3.8 billion, more than two percent higher versus the prior year. […]

Windsor Woes: Stellantis Windsor labour dispute continues

Windsor, Ontario — Workers involved in a labour dispute which threatened to close the Stellantis assembly plant in Windsor, Ontario (formerly FCA) have returned to work as negotiators continue trying to resolve a contractor issue, a recent media report said. “Former AWC Unifor workers back on the job as Stellantis and Unifor continue discussions. Regular […]

Fiat Chrysler announces plan to cut 1,500 jobs at Windsor plant

By CRM Staff  Toronto, Ontario — April 2, 2019 — Fiat Chrysler Automobiles (FCA) has announced it will be cutting 1,500 jobs from its Windsor, Ont. plant. According to an email statement, the manufacturer plans to eliminate the third shift at its assembly plant beginning September 30. Slow minivan sales have plagued the factory which produces Chrysler […]