Contre toute attente: Montreal auto show draws nearly 150,000 despite 3 snow days, OEM absences
Montreal, Quebec — Proving that the Canadian car show spirit is still alive and well, the organizers of this year’s Montreal International Auto Show (MIAS) are proud to report that the show drew in a crowd of 148,516 attendees, in spite of some snowy weather. “Our goal was achieved. Despite the three snow days and […]
Cyber Stall: Toyota forced to halt domestic production due to suspected cyber attack
Toronto, Ontario — Proving the need for adequate online protection for businesses, Toyota has announced that it will be forced to halt production at its 14 Japanese factories on Tuesday, due a suspected cyber attack suffered by one of the automaker’s plastic parts suppliers. Toyota says they expect to lose about 13,000 vehicles in output […]
Supply Seer: Martinrea joins partnership to develop ‘supply chain resiliency platform’
Toronto, Ontario — In what looks kind of like “Minority Report” for the auto industry, Vaughan, Ont.-based auto parts manufacturer, Martinrea International has joined forces with Next Generation Manufacturing Canada (NGen) to develop a “supply chain resiliency platform” to predict and inform manufacturers, and in turn, the industry, of potential disruptions. This announcement comes alongside […]
Light at the End: SEMA trends report claims supply chain trouble to ease by 2023
Toronto, Ontario — A new future trends report from SEMA is predicting that supply chain constraints in the global automotive industry will finally start to ease by the end of this year. According to SEMA’s data, more than 80 percent of automotive companies reported moderate to severe impacts on their business through 2021, as a […]
Mixed Bag: S&P reports premiums to rise before supply chain disruptions ease
Toronto, Ontario — The latest U.S. Auto Insurance Market Report from S&P Global Intelligence is showing that the costs of the COVID-19 pandemic have made their way into the auto insurance industry, in the form of increased premiums for many American drivers. “Auto insurers provided estimated premium relief of as much as $16.4 billion to […]
Not Tough Enough: Approx. 450 F-150s, Transits damaged in Missouri train derailment
Toronto, Ontario — If you’re looking for the new F-150 that was supposed to be shipped to you this week, try a ditch in northeastern Missouri—that’s where a train full of them derailed on Aug. 2, leaving about 450 new trucks bound for dealerships in a state of disrepair. The incident was brought to light […]
