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Tuesday Ticker: Rivian’s latest relationship; Analysts cut Tesla price target predictions

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, Rivian sees its stocks soar; analysts fiddle with Tesla price targets; and Volkswagen makes the first steps toward its St. Thomas, Ontario battery headquarters. Rivian’s latest relationship Rivian saw its stock soar almost 15 percent over five days, following a major deal announcement. Rivian will sell its […]

Double Duty: Audi Canada president to simultaneously lead VW Group Canada

Toronto, Ontario — Audi Canada president, Vito Paladino is taking on the role of leading Volkswagen (VW) Group Canada as well. Paladino, the new president and CEO of VW’s Canadian division, will now be heading all of the branches of the brand’s presence in the country, which includes Volkswagen Canada, Audi Canada, Automobili Lamborghini and […]

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. […]

Stalling Speedster: The NTSB calls for more speed-limiting tech in new vehicles

Washington D.C.— The National Transportation Safety Board (NTSB) based in Washington, D.C. asked 17 automakers to add anti-speeding tech to new vehicles as a response to automotive and civilian deaths due to reckless driving.  Specifically, the NTSB’s request comes in response to a crash in Las Vegas, Nevada in 2022 that killed nine people. The […]

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. […]

Cold Contrasts: BMW unveils two-tone copper/sapphire black i7 M70 at Auto Shanghai

Shanghai, China — BMW’s latest electric vehicle has been unveiled at its world premiere at Auto Shanghai 2023, showcasing what may be the most powerful electric vehicle to date in an impressive two-tone paint scheme. According to a BMW Canada press release, the vehicle comes in an impressive liquid copper in the lower section of […]

Mood Paint: Concept Volkswagen ID.7 at CES can change colours in 22 places, OEM says

Las Vegas, Nevada — Volkswagen may be calling its paint job “camouflage,” but there is no doubt that attendees to CES in Las Vegas can’t take their eyes off a colour-changing concept model of the electric ID.7 sedan on display at this year’s show. The German OEM calls the finish “smart camouflage,” claiming that this […]

Stink Bugs: Takata airbags found in 4,400 Canadian Volkswagen Beetles, recall issued

Toronto, Ontario — About 4,400 Volkswagen Beetles from model years 2015 and 2016 have been recalled across Canada, citing the presence of Takata-branded driver-side airbag inflators, which have been proven to explode and send fragments flying into the cabin during a collision. According to Transport Canada, this defect stems from long term exposure to high […]

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