Intruder Alert: Tips to avoid cyberattacks in the age of hacking

Toronto, Ontario – Reliance on digital connectivity in the automotive industry at all levels from corporation to fleet and consumer is leaving the industry increasingly vulnerable to cyberattacks, according to an article by Tripwire. While apocalyptic claims that cyberattacks would send planes plummeting and calculators bursting into flame aren’t new, fourth-generation interconnectivity is a new […]

Tuesday Ticker: July 19, 2022

Toronto, Ontario — Looking for your global automotive stock report? Look no further! In this weekly Tuesday Ticker, Volkswagen amps up its EV deliveries; a former Nissan executive does a postmortem on the OEM’s EV strategy and Porsche preps for a potential IPO. Volts-wagen Volkswagen is pushing its emissions-free offerings and seeing the returns, as […]

Specialty Showcase: SEMA 2022 to feature more EV exhibitions

Nevada, United States — Get your toolkits and suitcases ready: this year’s SEMA 2022 show boasts more exhibitions addressing the automotive market’s shift towards electric vehicles (EVs) than ever before. According to the 2022 Specialty Equipment Market Association (SEMA) market report, aftermarket support for the electric market is a prime area for growth. Points of […]

Porsche Policy: Porsche Insurance launches in Canada

Toronto, Ontario — Porsche owners now have the ability to opt into an insurance plan designed to cater specifically to their needs as the German automaker has officially launched Porsche Insurance in Canada. Customers who sign on to the OEM-affiliated insurance plan will be afforded a number of exclusive benefits, according to Porsche’s press release, […]

Waved Away: Tesla to cut 10 percent of jobs based on Musk’s ‘super bad feeling’

Toronto, Ontario — About 10,000 people are expected to lose their jobs because their billionaire CEO has a “super bad feeling” about the economy. You could probably guess who we’re talking about already. In an email to Tesla executives obtained by Reuters, Elon Musk said he wants to “pause all hiring worldwide” and layoff 10 […]

A Price on Friendship: Stellantis sees decline in supplier relations, study says

Detroit, Michigan — Plante Moran published the results of its twenty-second annual North American Automotive OEM-Supplier Working Relations Index (WRI) Study on Monday, showing that some automakers are trending positively, some are hitting a plateau—and one in particular is on a sharp decline. The annual study from Plante Moran tracks supplier perceptions of working relations with […]