Tuesday Ticker: EV demand influencing Volkswagen sales; Rivian misses Q3 delivery expectations, cuts production guidance
Toronto, Ontario — In this weekly Tuesday Ticker, Volkswagen mulls reasons for its decreased passenger car sales, while Rivian seeks loans and reduces its full-year production forecasts. Volkswagen on a tightrope Volkswagen’s passenger car sales are down more than one full percentage point, and EVs could have something to do with it. In early September, […]
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: Volkswagen’s investment pushes Rivian shares; report claims Chinese vehicles will claim 33 percent market share by 2030
Toronto, Ontario – This weekly Tuesday Ticker covers Volkswagen’s recent partnership with Rivian and its impact on the latter’s stock. Meanwhile reports claim Chinese-made cars will claim 33 percent of the global market share by 2030. Volkswagen throws a vine Last week, Volkswagen and the electric vehicle startup Rivian announced a new joint venture partnership. […]
Idolizing Independent: Consumer Reports survey shows customers prefer independent shops vs. dealerships for repairs
Toronto, Ontario — A new Consumer Reports survey reveals that customers prefer independent shops over dealerships for automotive repairs. The survey–based on 10,973 responses from Consumer Reports members on 11,670 repairs at 36 auto repair chains, independent shops and dealerships–further revealed that Hyundai, Jeep and Kia scored lowest for overall customer satisfaction. The survey asked […]
Close Companion: Volkswagen says its vehicles will ‘talk’ to drivers by mid-year, via ChatGPT integrations
Toronto, Ontario — Volkswagen’s voice assistant will be integrating ChatGPT into its cars to converse with drivers in a back-and-forth dialogue by the middle of the year, the automaker said on Monday. Volkswagen presented its first vehicle featuring ChatGPT at the CES electronics trade fair in Las Vegas, Nevada, and said that the feature will […]
Bye to Boutin: Volkswagen Canada President, CEO Pierre Boutin departs role
Toronto, Ontario — Pierre Boutin, the president and CEO of Volkswagen Group Canada, announced last week that he is leaving the company after almost four years to pursue a new challenge in Europe. Boutin’s notable achievements with Volkswagen Group Canada include securing a $7 billion investment agreement for an electric battery vehicle plant in St. […]
Coast to Coast in 18 Charges: VW ID.4 travels across Canada and achieves Guinness World Record
Ajax, Ontario — Rainer Zietlow recently drove a Volkswagen ID.4 electric vehicle across Canada, stopping just 18 times to recharge—a feat the adventure driver has won a Guinness World Record for. Zietlow and his cameraman, Elric Popp, departed St. John’s, Nfld., on July 25, 2023. The pair traversed 7,133 kilometres across Canada, making just 18 […]
EV/AV Report: A pact for battery packs and fresh competition for the Phoenix Cell
Toronto, Ontario — Federal and provincial governments form a pact with a pair of automakers, competition brews in the cold-resistant battery market and an autonomous cargo airline makes a deal with Transport Canada. This is the latest in electric and autonomous vehicles. Courted with cash In a truly Ross-and-Rachelesque turn of events, the federal and […]
EV/AV Report: Norwegian prowess, future charging and Tesla critics
Toronto, Ontario — Norway sets an example to the world as a country where gas cars are growing obsolete, a prominent American lawmaker criticizes autopilot’s misleading name for still requiring a human pilot at the wheel, and Halifax rolls out eight new EV chargers this summer. This is the latest in electric and autonomous vehicles. […]
Tuesday Ticker: VW had higher offers for battery plant; Ritchie Bros. generates $225m in five-day auction
Toronto, Ontario — In this weekly Tuesday Ticker: Volkswagen had higher offers, but it ultimately decided to build its battery plant in Ontario, said Prime Minister Justin Trudeau last week. Plus, Canadian auctioneer Ritchie Bros. facilitates its largest auction of the year and General Motors balances its yearly projections. Weighing offers Canada won Volkswagen’s battery plant […]
