Data Broker Breaks: Reports indicate automakers are sharing consumers’ driving behaviour with data brokers and insurance companies

Toronto, Ontario — Vehicle manufacturers share driving information with data brokers such as LexisNexis, who then share the information with insurance companies, states a recent New York Times report. The article specifically describes how Chevrolet Bolt owner, Kenn Dahl discovered how increases to his car insurance were in part related to data broker figures and […]

Tuesday Ticker: Fisker pauses production, aims to raise US$150 million in funds; while Ont. Premier teases ‘banner year’ for auto industry

Toronto, Ontario ⁠— In this weekly economics report, Fisker announces its plan to pause EV production amid bankruptcy rumours and other financial decisions from the company, while Ontario Premier Doug Ford teases a “banner year” for the industry, thanks to jobs in the EV supply chain.  Fisker’s finances Electric vehicle maker Fisker is pausing EV […]