Antitrust Alliance: Large-scale parts price-fixing class action nets $78 million for settlement distribution
Toronto, Ontario — A class action lawsuit involving four law firms from across Canada has managed to rack up $78 million to be distributed as settlement to the victims of an auto parts price-fixing conspiracy, according to a Wednesday press release. Siskinds LLP, Sotos LLP, Camp Fiorante Matthews Mogerman LLP (CFM) and Siskinds Desmeules s.e.n.c.r.l. […]
Battery Backup: Continental unveils sensor systems for detecting EV battery damage
Toronto, Ontario — A pair of new products from German parts developer Continental may pack the one-two punch needed to both allow repair facilities to more accurately assess electric vehicle battery damage, while also allowing OEMs to do away with the excess body materials used to protect the battery pack. When equipped with the Current […]
Modern Manufacturing: Latest O-AMP round invests $5.5 million into Ontario auto manufacturers
Toronto, Ontario — Tuesday saw another round of investments distributed to some Ontario-based manufacturers as part of the Ontario Automotive Modernization Program, a campaign that seeks to strengthen the province’s supply chain. The Ontario government has earmarked more than $5.5 million in funding for a number of businesses operating in the automotive industry to help […]