Autonomous Vehicle Report – April 26, 2019

By CRM staff Toronto, Ontario – April 26, 2019 – In this week’s Autonomous Report, Ford plans on producing 100 self-driving cars by the end of the year, meanwhile Tesla plans on launching robotaxis next year and Waymo newest plant is in Detroit. Ford’s Big Plans Ford CEO Jim Hackett announced on Thursday that the […]

Tesla plans to start offering auto insurance next month

By CRM staff Toronto, Ontario — April 26, 2019 — Tesla is creating its own insurance product and it will be launched in a month. “It will be much more compelling than anything out there,” Tesla CEO Elon Musk said during a conference call with investors and analysts on Wednesday. It isn’t cheap to insure […]

Tesla’s new Model Y

By CRM staff Toronto, Ontario — March 20, 2019 —  After a buildup of more than three years Tesla CEO Elon Musk revealed the company’s new Model Y last week. The new vehicle will be a cross-over of an SUV type, but the funny thing about it is it really looks nothing like a typical SUV. […]

Tesla invests in better repair services

By CRM staff Toronto, Ontario — March 5, 2019 — Among its much-anticipated news, that Tesla’s Model 3 will be selling for $35,000, the electric vehicle carmaker also announced that it will be investing in same-day if not same-hour repair services. Last Thursday Tesla announced the new price of its Model 3, with more features, […]

Tesla announces $35,000 Model 3

By CRM staff Toronto, Ontario – March 1, 2019 — Tesla’s long-anticipated announcement has finally arrived. The electric vehicle car manufacturer announced that the Tesla Model 3 is now available and it’s going for $35,000. “With 220 miles of range, a top speed of 130 mph and 0-60 mph acceleration of 5.6 seconds is now […]

Tesla’s autonomous future

By CRM Staff  Toronto, Ontario – February 20, 2019 – Tesla CEO Elon Musk is confident that the company’s self-driving system will be ready by the end of 2019. “I think we will be feature complete, full self-driving, this year – meaning the car will be able to find you in a parking lot, pick you […]

Tesla announces job cuts

By CRM staff  Toronto, Ontario — January 22, 2019 — Tesla has announced it will be reducing its full-time workforce by 7 percent, moving forward with its plan to increase Model 3 production and slash prices. Company CEO Elon Musk broke the news Friday, penning a letter to employees stating that only the most “critical temps […]

Tuesday Ticker

By Jeff Sanford   Toronto, Ontario – July 16, 2018 – In this week’s Tuesday Ticker LKQ gets stock recommendation, Axalta raises prices, and much, much more.   Companies will report second quarter earnings results over the next couple of weeks. Expect a flood of financial results from publicly-traded companies. Check this space in the […]

Tesla counters Chinese vehicle tariffs

Tesla responds to Chinese tariffs with increased prices

By CRM Staff   Toronto, Ontario – July 9, 2018 — While the U.S. President’s economic team expected the international community to react in kind towards the administration’s protectionist economic policies, one OEM has become the first major corporate entity to adopt similar economic policies of their own accord  –  and stakeholders in Canada’s auto aftermarket […]

AV Report, June 18, 2018

In today's AV Report Tesla's Autopilot feature continues to suffer from a bad reputation.

By Jeff Sanford   Toronto, Ontario — June 18, 2018 — In this week’s AV Report: Daimler Trucks’ boss tempers AV hype, Toronto Pearson International airport opens up to Uber, Ford tests delivery van in Miami, and much, much more!   A report in one of the world’s premier business newspapers, the Financial Times of […]