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. […]
Dealing with Downshifts: Ford recalls 95k pickups in Canada; potential to suddenly shift to first gear
Ottawa, Ontario — Ford is recalling 95,000 Canadian F-150 trucks because transmissions can reportedly suddenly downshift to first gear no matter what speed the vehicle is going. Transport Canada’s recall notice cites a problem with the output shaft speed sensor on certain 2014 model year F-150 pickup trucks built in Dearborn, Michigan. If the sensor […]
Climbing Claims: Rising windshield claims cost ICBC more than $100 million each year, says recent report
Victoria, British Columbia — Data collected by the Insurance Corporation of British Columbia (ICBC) shows that there is a growing number of glass repair and replacement claims across the province, with the ICBC paying more than $100 million each year. While the Crown corporation did not speculate on the reasons behind the increase, data shows […]
A Skilled Start: Skilled trades pilot offers new learning pathway for Grade 12 students in Nova Scotia
Halifax, Nova Scotia — Starting in September 2024, Grade 12 students who meet provincial graduation requirements at the end of the first semester can enter skilled trades programs at the Nova Scotia Community College (NSCC) before graduating. Education News Canada reported that the province is launching a pilot program that will see 34 eligible students […]
EV/AV: Electric vehicles reach the peak; while Rimac launches new robo-taxi service
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Ford’s F-150 Lightning becomes the winner of the Pikes Peak International Hill Climb race; while Rimac launches ‘Verne,’ a robo-taxi service. Reaching the peak On June 23rd, Romain Dumas became the Pikes Peak International Hill Climb (PPIHC) 2024 ‘King of the Mountain’ while racing […]
