Tuesday Ticker: Electric vehicle stocks suffer in the first weeks of 2024

Toronto, Ontario — The first few weeks of 2024 have brought major losses for some electric vehicle stocks, like Tesla, Rivian and Fisker. Tesla stock has dropped more than 14 percent since the start of 2024. Analysts believe the plunge is largely driven by rental car company Hertz’s decision to pull 20,000 Tesla models from […]
Playing With Platforms: Stellantis showcases new line of flexible vehicle platforms interchangeable with ICE and electric vehicles

Toronto, Ontario — Stellantis has announced that it has developed automotive platforms that can be used in internal combustion engines (ICE), hybrid and electric vehicles (EVs). According to a recent press release, Stellantis is working on four new flexible platforms—each designed to be used in a different segment–coming in a small STLA, medium STLA, large […]
Security Summit: Government of Canada announces National Summit on combating auto theft

Ottawa, Ontario — On January 21, the Government of Canada announced that a National Summit on combating auto theft will take place on February 8 in Ottawa. According to initial details, the goal of the summit is to bring together leaders from key jurisdictions across the automotive and transportation industry, as well as government sectors, […]
Welcomes of the Week: CSN Collision welcomes CSN Carignan to its network

Carignan, Quebec — According to a recent press release, CSN Carignan has officially become part of the CSN Collision Network. A 3,700 square foot auto body facility serving the 50,000 residents of the Carignan community since 2022, CSN Carignan’s owner and General Manager, Samuel Gomes is excited to take this next step on his collision […]
Fixing For Change : Fix Network donates $259,446 to Ronald McDonald House Charities Canada; achieves National Mission Partner status

Milton, Ontario – Fix Network Canada, leader in the automotive aftermarket industry has proudly announced its achievement of National Mission Partner status with Ronald McDonald House Charities Canada (RMHC Canada). This specific designation is granted to organizations committing to an annual donation of $250,000, and a recent press release noted that Fix Network Canada not […]
Barbie’s Glam Ride: Pink Corvette steals the spotlight at 2024 Canadian International Auto Show

Toronto, Ontario – The iconic baby pink 1957 Chevy Corvette, featured in the 2023 blockbuster movie Barbie starring Margot Robbie, will be a part of the Canadian International Auto Show next month alongside four life-sized replicas of Hot Wheels toy cars. “We are excited to welcome Mattel back to the show with Barbie and Hot […]
Tech Tag: Auto insurers pushing tracking systems amid jumps in Toronto-area vehicle thefts

Toronto, Ontario — Amid recent surges in auto thefts in the Greater Toronto Area (GTA), some insurance companies are now pushing owners of targeted vehicles to install tracking devices. One such instance of this comes from Toronto-based resident, Samantha Sannella, owner of a Jeep Rubicon. Originally reporting to CBC News, Sannella revealed that in 2023, […]
A Pollution Solution: Volkswagen Canada unveils pollution-absorbing EV car cover

Toronto, Ontario — Volkswagen Canada, in collaboration with the TYPE1/TAXI team, has introduced a car cover designed to combat air pollution. The all-electric ID.4 car cover specifically works by absorbing pollutants from the surrounding environment, which are then broken down into inert organic compounds like water and other basic elements. The covers are activated by […]
EV/AV Report: Electric vehicles receive passports; while autonomous vehicles receive a human touch

Toronto, Ontario — In this weekly electric and autonomous vehicle report, the European Union (EU) announced that electric vehicles will require battery passports; while German start-up Vay has developed a remote-driving rental system. An electric identification In a measure to reveal the origins and history of the raw materials in electric vehicle (EV) batteries, the […]
Can You Believe This?! Crayon creations, crazy crashes and more

Toronto, Ontario — Wheel into a whacky weekend with this Can You Believe This?! video. Featuring ‘flying cars,’ egg-cellent parking, and crayon disasters, this week’s video is an automotive smorgasbord of fun. The post Can You Believe This?! Crayon creations, crazy crashes and more appeared first on Collision Repair Magazine.
