Tuesday Ticker: Ford to pay near-record $165-million penalty on recall failure; Northvolt considers possibility of bankruptcy protections
Toronto, Ontario — In this weekly Tuesday ticker, Ford Motor Company has agreed to pay a near-record $165-million penalty to the National Highway Traffic Safety Administration (NHTSA) for allegations of failing to quickly respond to recall measures; while Northvolt is reportedly considering the possibility of bankruptcy protections in the United States. Fine finds Ford Motor […]
Tuesday Ticker: Volkswagen experiences capacity cuts; while Hyundai doubles down on hybrids
Toronto, Ontario — This weekly Tuesday Ticker sees both company expansions and cuts as Volkswagen may reportedly book up to four billion euros in provisions for planned capacity cuts; while Hyundai announces plans to greatly expand its electric vehicle lineup. Historic cuts Volkswagen may reportedly book up to four billion euros in provisions for planned […]
Tuesday Ticker: April 27, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, PPG scores a consecutive Gold Rating in business sustainability, AkzoNobel reports growth for 2021’s first quarter and auto parts supplier Martinrea teams up for a joint battery research venture. Seal of sustainability PPG has announced that it has once again achieved a Gold Rating in corporate social […]