Tuesday Ticker: Tesla reports Q1 revenues

Toronto, Ontario — Time for this week’s stock check! Today, we cover Tesla’s Q1 increases, despite the windfalls. Tesla turmoil Despite negative EV financials across the stock market, Tesla has increased its share price nearly 22 percent in the last 30 days, and surged in the last 12 days thanks to a comment from CEO Elon […]

EV/AV Report: Automakers reportedly resist electric vehicle transition; while NHTSA opens investigation into Waymo’s self-driving vehicles

Toronto, Ontario — In this weekly electric and autonomous vehicle report, a study from InfluenceMap notes that 15 automakers, except Tesla, have actively advocated against at least one policy promoting electric vehicles (EVs); meanwhile the National Highway Traffic Safety Administration (NHTSA) has opened an investigation against Waymo’s self-driving vehicles. An electric resistance A New InfluenceMap […]

Turbocharged Tactics: Ferrari files patent for a vehicle with an upside-down hydrogen-powered internal combustion engine

Toronto, Ontario — Ferrari, the Italian luxury sports automotive manufacturer, recently applied for a patent for a vehicle featuring an upside-down hydrogen powered internal combustion engine (ICE). The patent—which was filed with the United States Patent and Trademark Office (USPTO), and published on February 29th, 2024—specifically describes a vehicle with a “supercharged internal combustion engine […]

Blinged-Out Blues: NHTSA asks drivers to stop putting accessories on their steering wheels

Toronto, Ontario — The National Highway Traffic Safety Administration (NHTSA) is once again asking drivers to stop using stick-on badges and accessories on their steering wheels. The reason for this advisory is that these stick-on badges—which often feature components like rhinestones and other gems—can be dislodged, broken and flung around the cabin in the event […]

Welcomes of the Week: CSN Rénovauto joins CSN Collision network

Boucherville, Québec — CSN Rénovauto, a bodyshop serving the Boucherville, Que., community since 2018, has announced that it is now a part of the CSN Collision network. According to a recent press release, Louis Carignan, founder of CSN Rénovauto commented that “our project and ambition has always been to offer quality autobody repair and detailing […]

Como Gets Credit: AkzoNobel’s Como site achieves highest automotive industry quality certification

Como, Italy — AkzoNobel’s powder coatings site in Como, Italy has received International Automotive Task Force (IATF) 16949 certification. This certification specifically represents the global technical specification and quality management standard for the automotive industry. The certification focuses on several areas, including continuous improvement, defect prevention and waste reduction within the automotive supply chain. The […]

Hybrid Hiccups: Ford recalls hybrid vehicles over unexpected shifts into neutral

Toronto, Ontario — Ford Motor Company has revealed that it is recalling several hybrid models due to transmission problems that could cause certain vehicles to suddenly shift into neutral while moving as related to issues caused by a recent software update. Affected models include the Ford Maverick, Ford Escape plug-in-hybrid electric vehicle (PHEV) and the […]

Readying Resources: Skilled Trades Ontario launches Resource Hub to provide access to trades-based information and resources

Toronto, Ontario — Skilled Trades Ontario (STO) has launched a new online information centre, the STO Resource Hub, to provide users access to insight and knowledge into the skilled trades sector. The Hub specifically features newly published trade reports, a directory of links as well as other trades-related resources and research. Canadian Manufacturing originally noted […]