From driving.ca : These automotive brands declined at the worst rate, combining for a huge reduction in market share
Driving By Numbers: 10 biggest brand losers in Canada in 2022:
driving.ca/column/driving-by-numbers/10-brand-losers-2022-canadian-auto-market
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| Last Updated | Feb 04 23 |
| Total Articles | 15 |
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Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to be announced ...
reut.rs/3Jtd1yn
Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
Venice introduces first payment charge for tourists: The Italian city became the first in the world on April 25 to introduce a payment system for tourists in an ...
theglobeandmail.com/world/video-venice-introduces-first-payment-charge-for-tourists/
Germany's Struff stuns defending champion Rune to reach Munich final ｜ DPA: Two-time BMW Open defending champion Holger Rune was stunned by home hope ...
nordot.app/1154439169510474668
Quick Glance: Struff wins first Tour title in Munich: Tournament overview
- Jan-Lennard Struff secures his first Tour title in Munich against Taylor Fritz.
- Struff took on the role of the German frontman after Zverev's exit.
- He bravely played through the weather challenges without complaining.
- The BMW Open will be upgraded in 2025, major changes are on the horizon.
Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...
reuters.com/world/americas/cuba-apologizes-canada-delivering-wrong-body-grieving-family-2024-04-24/
Even after a Canadian court case against an alleged mafia group collapsed, public records revealed much about how a faction of the ’Ndrangheta mafia in Toronto ... Show more @jaredferrie
Canada Inflation Ticks Up to 2.9% on Higher Gas Prices: Canadian consumer prices reaccelerated slightly as expected due to higher gasoline prices ...
trib.al/VxDKxw2
Quick Glance: Canadian Inflation Rises Due to Increase in Gasoline Prices
- Canadian consumer prices saw a slight increase, primarily due to higher gasoline prices. Core metrics indicated further progress in disinflation, prompting the central bank to prepare for a shift to looser monetary policy as early as June or July.
- In March, the consumer price index rose by 2.9% compared to the previous year, up from the 2.8% reported a month earlier. Excluding gasoline, the index slowed to 2.8% from the previous year, in contrast to February's 2.9%.
- However, indications of underlying price pressures decreased. The averages of the Bank of Canada's two core measures decreased to an annual rate of 2.95%, weaker than anticipated. Following the release, yields on two-year Canadian government bonds dropped by approximately 10 basis points to 4.18%.
- The March inflation data suggest that the decline in core metrics this year is not temporary. Bank of Canada officials are now waiting to be convinced that the path to the 2% target can be sustained before making adjustments to monetary policy.
Jaguar Land Rover introduces gender-neutral workwear for staff: The change was made after workers complained of safety risks and discomfort
coventrytelegraph.net/news/local-news/jaguar-land-rover-introduces-gender-29001408
Immigration: 'Some Canadians are beginning to question the multiculturalist model'
lemonde.fr/en/international/article/2024/04/20/immigration-some-canadians-are-beginning-to-question-the-multiculturalist-model_6668991_4.html
Quick Glance: Immigration Debate in Canada: Shifting Perspectives on Multiculturalism
- Sociologist Christian Bergeron notes the intense debate on immigration in Canada, challenging a fundamental pillar of Canadian society.
- Canadian Prime Minister Justin Trudeau aims to welcome around 985,000 new permanent immigrants by 2025.
- Bergeron explains the evolving immigration discourse in Canada, raising doubts about the country's traditional multiculturalism principle.
- The changing demographics of immigrants in Canada have led to concerns among some Canadians, reflecting a sense of destabilization.
Charity Ben launches on-site health checks for dealer staff: Dealers can now get physical and mental health checks for their employees in a new service launched ...
motortrader.com/motor-trader-news/automotive-news/charity-ben-launches-site-health-checks-dealer-staff-24-04-2024
UK car output falls in March as EV-transition gears up, says industry body: Britain's car production fell 27.1% year-on-year in March as manufacturers wound down ...
reuters.com/business/autos-transportation/uk-car-output-falls-march-ev-transition-gears-up-says-industry-body-2024-04-24/
Body of Canadian father missing after he dies in Cuba: His family is demanding answers from Canadian officials after they were sent back the wrong body.
bbc.com/news/world-us-canada-68885840
First Quantum Minerals cuts debt by over $1 bln in first quarter: Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1 ...
reuters.com/markets/commodities/first-quantum-minerals-cuts-debt-by-over-1-bln-first-quarter-2024-04-23/
Quick Glance: First Quantum Minerals Reduces Debt by Over $1 Bln in First Quarter
- Canadian mining company First Quantum Minerals announced a $1.14 billion debt reduction in the first quarter.
- With a series of capital restructuring measures, the company aims to strengthen its balance sheet and cut debt to achieve operational goals.
- The company's total debt as of March 31 is $5.99 billion, down from the previous $7.38 billion.
- Despite a $159 million net loss due to the closure of the Cobre Panama mine, the company posted a $75 million profit in the year-ago quarter.
Linux is now an option for safety-minded software-defined vehicle developers: Increasingly, our cars will be controlled by a small number of powerful computers.
arstechnica.com/cars/2024/04/linux-is-now-an-option-for-safety-minded-software-defined-vehicle-developers/
Canadian and US authorities said six people have been arrested and three more are being sought in connection with what they called the largest gold heist in ...
reut.rs/3Q7Q0ot
Tata to use new $1 billion plant to make Jaguar Land Rover cars, sources say: India's Tata Motors will manufacture Jaguar Land Rover (JLR) luxury cars at a $1 ...
reuters.com/business/autos-transportation/tata-motors-use-new-1-bln-plant-make-jaguar-land-rover-cars-sources-say-2024-04-18/
Canada’s Retail Sales Flatlined in the First Quarter: Canadian consumers haven’t tightened their belts this much in nearly a year, and there are no signs of ...
bloomberg.com/news/articles/2024-04-24/canada-s-retail-sales-flatlined-in-the-first-quarter
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Shipping industry urges UN to protect vessels after Iran seizure: Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle ...
reuters.com/business/autos-transportation/shipping-industry-urges-un-protect-vessels-after-iran-seizure-2024-04-19/
Canada beats U.S. in OT thriller to win Women’s Worlds gold
sportsnet.ca/wwhc/article/canada-beats-u-s-in-ot-to-win-womens-worlds-gold/
Shortages key to copper's upward price trajectory to new peaks: Upward momentum that has propelled copper prices to within a whisker of the psychological $10 ...
reuters.com/markets/commodities/shortages-key-coppers-upward-price-trajectory-new-peaks-2024-04-23/
Ottawa to force banks to identify carbon rebate by name in direct deposits: The first rebate deposits in 2022 were generically labelled – ‘federal payment’ and ...
theglobeandmail.com/politics/article-ottawa-to-force-banks-to-identify-carbon-rebate-by-name-in-direct/
Paid articlePaid Bunge-Viterra agriculture merger runs into Canada competition concerns: Canada's Competition Bureau on Tuesday said it found major competition concerns around U ...
reuters.com/markets/deals/canadian-competition-bureau-has-major-concerns-about-proposed-bunge-viterra-2024-04-23/
Two-thirds of Canadians consider themselves fans of women's sport - study: Two thirds of Canadians consider themselves to be fans of women's sport ...
reuters.com/sports/two-thirds-canadians-consider-themselves-fans-womens-sport-study-2024-04-22/
China tried to meddle but Canadians decided the last two elections, says PM Trudeau
reut.rs/49NfyOJ
Quick Glance: Alleged Chinese Interference in Canadian Elections: Trudeau Confirms Independence
- Canada's Prime Minister Justin Trudeau reported to an official inquiry that China attempted to intervene in the last two Canadian elections, but the outcomes were unaffected, and it was deemed 'improbable' that Beijing favored a specific party.
- Under pressure from opposition lawmakers dissatisfied with media reports on China's potential involvement in the elections, Trudeau established the commission.
- Erin O'Toole, who led the main opposition Conservative party during the 2021 campaign, estimated that Chinese interventions may have cost his party up to nine seats but did not alter the election's course. Trudeau's Liberal Party emerged victorious in both instances.
- Canada's domestic intelligence agency informed the commission of China's 'clandestine and deceptive' interference in both elections, marking the most substantial evidence thus far of suspected Chinese meddling in Canadian politics.
China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
General Motors stock is rising on strong earnings and sales: The automotive company raised its full-year predictions and reported a reduction in battery costs
qz.com/general-motors-quarterly-earnings-q1-2024-1851428724
Paid articlePaid Canada to unveil budget as experts doubt fiscal targets: Canadian Finance Minister Chrystia Freeland will have to find ways to amp up savings or raise taxes when ...
reuters.com/markets/canada-unveil-budget-experts-doubt-fiscal-targets-2024-04-14/
US auto sector 'whipsawed' by politicians, Ford chairman says: The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and ...
reuters.com/business/autos-transportation/us-auto-sector-whipsawed-by-politicians-ford-chairman-says-2024-04-17/
Richard Hammond predicts majority of cars will still be petrol rather than electric in 2050
independent.co.uk/news/uk/home-news/richard-hammond-petrol-electric-cars-top-gear-b2528227.html
Airline worker among six arrested in $22M airport gold heist. Police say it was an inside job
cnn.com/2024/04/17/americas/toronto-airport-heist-arrests/
Quick Glance: Six Arrested in $22M Airport Gold Heist, Inside Job Unveiled
- Six individuals were arrested for the multimillion-dollar gold heist at Toronto's Pearson International Airport.
- Police identified it as an 'inside job' and charged nine suspects in connection with the crime.
- Investigations revealed that former Air Canada employees were allegedly involved in the theft.
- The criminals intended to use the stolen gold and cash to finance illegal firearms trafficking into Canada.
‘Under the Bridge’ Review: True Crime Strikes a False Note: Riley Keough and Lily Gladstone star in this Hulu series about the murder of a Canadian teenager.
on.wsj.com/4aX5JOV
Canada Unveils Billions for Artificial Intelligence: Canadian Prime Minister Justin Trudeau said his government would spend nearly $2 billion to help fuel growth ...
wsj.com/economy/canada-unveils-billions-for-artificial-intelligence-f5bdc706
Canada's TC Energy says NGTL pipeline system resumes normal operations after fire
reuters.com/business/energy/canadas-tc-energy-says-ngtl-pipeline-system-resumes-normal-operations-after-fire-2024-04-22/
Robert MacNeil, Earnest News Anchor for PBS, Dies at 93: With his longtime co-host Jim Lehrer, he delivered thoughtful reports that stood in stark contrast to ...
nyti.ms/3JcPxNT
Electric and hybrid car sales to rise to new global record in 2024: International Energy Agency says 17m vehicles will be sold this year, up more than 20% ...
theguardian.com/environment/2024/apr/23/electric-and-hybrid-car-sales-to-rise-to-new-global-record-in-2024
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
- Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).
- The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.
- The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
Blackstone nears deal to buy former Britishvolt site in northern England: US buyout firm has plans to build a vast data centre to tap growing demand for ...
ft.com/content/acd91359-1464-4a92-86d8-8eb1e2c5c998
A brutal elimination round is reshaping the world’s biggest market for electric cars
cnn.com/2024/04/24/business/china-ev-industry-competition-analysis-intl-hnk/
Paris bound: See which LSU men's swimmer qualified for the Olympics at an event in Toronto
theadvocate.com/baton_rouge/sports/lsu/lsu-swimmer-jere-hribar-qualifies-for-2024-olympics----------------------------------ppp/article_d00adbd6-1403-5ed5-804d-c3a9d9d30515.html
Range Rover’s first 100% electric vehicle finally shows its face, a stunning modernist SUV
electrek.co/2024/04/23/range-rover-reveals-first-images-sleek-new-electric-suv/
Canadian dollar posts biggest weekly decline in 11 months: The Canadian dollar weakened to a near five-month low against its broadly stronger U.S ...
reuters.com/markets/currencies/canadian-dollar-posts-biggest-weekly-decline-11-months-2024-04-12/
Toronto Pearson gold heist: 9 people charged in historic $20M theft | Globalnews.ca
trib.al/V0ogUWa
Quick Glance: 9 Suspects Arrested in $14.8 Million Gold Heist at Toronto Airport, Only Partially Recovered
- Only six pure gold bracelets worth over $65,000 have been recovered from the $14.77 million gold heist that took place last year.
- The perpetrators are believed to have melted down and sold the stolen gold to acquire illegal firearms for a smuggling operation, as stated by Peel Regional Police Detective Sgt. Michael Mavity.
- Additionally, the police have seized $312,000 in cash, suspected to be profits made by the suspects after selling the gold.
- Lists accounting for $7.21 million and $10.23 million were also found at two separate locations, indicating the distribution of money from the gold sales by the suspects.
500 Newfoundlanders went on same cruise by coincidence: The residents of the Atlantic Canadian province chased the same good deal online without prior planning.
bbc.co.uk/news/av/world-us-canada-68860064
Canada's Rogers profit takes hit from higher costs related to Shaw acquisition: Rogers Communications posted a drop in first-quarter profit on Wednesday ...
reuters.com/business/media-telecom/canadas-rogers-communications-tops-quarterly-subscriber-additions-estimate-2024-04-24/
Tesla's bet on robotaxis is a long way from paying off: Tesla is making a risky bet if it shifts efforts on its small-car vehicle platform to robotaxis as the ...
reuters.com/business/autos-transportation/teslas-bet-robotaxis-is-long-way-paying-off-2024-04-05/
Quick Glance: Elon Musk to Unveil Tesla 'Robotaxi' on August 8
- Elon Musk announced that Tesla will unveil its robotaxi on August 8, despite past promises and delays with self-driving cars.
- Musk plans to develop a car without controls for human use and gradually enhance Tesla vehicles with Full Self-Driving capability.
- Currently, buyers can add the Full Self-Driving feature for an additional cost, but experts note that the system is not fully autonomous yet.
- Other companies like Waymo and Cruise are also working on autonomous ride-sharing services, despite safety concerns and incidents.
Canada earmarks $1.16 billion for military aid to Ukraine in 2024 budget: Canada’s budget for 2024 proposes to supply Ukraine with 1.6 billion Canadian dollars ...
kyivindependent.com/canada-earmarks-1-16-billion-for-military-aid-to-ukraine-in-2024-budget/
Quick Glance: Russia Strikes Chernihiv: 18 Dead, Ukraine Appeals for Air Defense
- At least 18 people were killed and over 60 wounded in Chernihiv due to Russian missile strikes. Ukrainian officials emphasized that the attack could have been prevented with adequate air defense systems.
- Russia launched three Iskander cruise missiles at the city, located near the Russian border and previously encircled by Russian troops.
- Ukraine currently has three Patriot air defense systems but requires 26 for full coverage. Following appeals for more systems, Germany pledged to send an additional one.
- A $60 billion aid package for Ukraine is stalled in the US Congress, allowing Russia to exploit ammunition and air defense shortages and gain ground in the east.
'I will forget you,' she told a man she met while travelling. She never did and they found unexpected love
ctvnews.ca/lifestyle/i-will-forget-you-she-told-a-man-she-met-while-travelling-she-never-did-and-they-found-unexpected-love-1.6855095
Grimes apologizes for disastrous Coachella set: Canadian singer Grimes apologized to fans on Saturday after her Coachella set earlier that evening was beset by ...
cnn.com/2024/04/15/entertainment/grimes-apology-disastrous-coachella-set-intl-scli/
Bosch flags further cost cuts after giving 'subdued' outlook for 2024: Bosch (ROBG.UL), the world's largest automotive supplier, on Thursday warned of further ...
reuters.com/business/autos-transportation/bosch-flags-further-cost-cuts-after-giving-subdued-outlook-2024-2024-04-18/
Jaguar Land Rover introduce gender-neutral workwear for workers: The automobile company launched the new workwear after workers complained of discomfort and ...
birminghammail.co.uk/news/midlands-news/jaguar-land-rover-introduce-gender-28978640
New Audi S3 starts at £47k in UK: Fancy getting your hands on the most powerful S3 in 25 years? Let's hope you've been saving up...
pistonheads.com/news/ph-germancars/new-audi-s3-starts-at-47k-in-uk/48424
Canada's Trudeau announces package of AI investment measures: Canadian Prime Minster Justin Trudeau on Sunday said the upcoming budget will include a C$2 ...
reuters.com/technology/canadas-trudeau-announces-package-ai-investment-measures-2024-04-07/
AP Dhillon justifies breaking guitar in Instagram post, receives more backlash: Indo-Canadian singer AP Dhillon recently performed at the Coachella Valley Music ...
indianexpress.com/article/entertainment/bollywood/ap-dhillon-justifies-breaking-guitar-in-instagram-post-receives-more-backlash-9275792/
A celebrity seal was moved 125 miles away. He showed up again days later.: Canadian wildlife officials relocated Emerson the elephant seal this month after his ...
washingtonpost.com/world/2024/04/19/emerson-elephant-seal-victoria-canada/
Unified, organized Jets have potential to end Canadian Cup drought: It’s not a stretch to think this Winnipeg Jets team can finally bring the Cup back over the ...
sportsnet.ca/nhl/unified-organized-jets-have-potential-to-end-canadian-cup-drought/
Tuning our 2023 g87 m2 to 600whp with a stage 1 tune: Tuning our 2023 g87 m2 to 600whp with a stage 1 tune
g87.bimmerpost.com/forums/showthread.php
PM Trudeau defends integrity of Canadian elections before public inquiry: The prime minister made a highly anticipated appearance before an inquiry looking into ...
bbc.com/news/world-us-canada-68785713
After the Bell: The car industry will drive you nuts: The listing of WeBuyCars on the JSE this morning made me wonder a bit about the global car industry ...
dailymaverick.co.za/article/2024-04-12-after-the-bell-the-car-industry-will-drive-you-nuts/
Airbus granted reprieve from Canadian sanctions on Russian titanium, sources say: Source says it came to Ottawa’s attention there were unforeseen effects of the ...
theglobeandmail.com/politics/article-airbus-granted-reprieve-from-canadian-sanctions-on-russian-titanium/
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How are car makers responding to the slowdown in electric car sales?: China’s electric-car makers remain bullish but elsewhere many EV manufacturers are hedging ...
irishtimes.com/motors/2024/04/10/how-are-car-makers-responding-to-the-slowdown-in-electric-car-sales/
Canadian dollar weakens ahead of potential BoC dovish shift: The Canadian dollar edged lower against its U.S. counterpart on Tuesday as oil prices fell and ...
reuters.com/markets/currencies/canadian-dollar-weakens-ahead-potential-boc-dovish-shift-2024-04-09/
Montreal tenant forced to pay his landlord’s taxes offers advice to other renters
theglobeandmail.com/real-estate/article-montreal-tenant-forced-to-pay-his-landlords-taxes-offers-advice-to/
Paid articlePaid Chinese body says EU electric vehicle probe is stacked against China: The European Union's investigation into electric vehicles is stacked against Chinese ...
reuters.com/business/autos-transportation/china-body-says-eu-electric-vehicle-probe-is-stacked-against-chinese-producers-2024-04-12/
Food allergy treatments for Canadian kids could get a boost under new guidelines - National | Globalnews.ca
trib.al/JbMH4Pn
I’m Gen Z, will I ever own a home?: Canadian culture still revolves around home ownership. If it is ever going to happen for us, it looks like we’ll have to move ...
theglobeandmail.com/life/first-person/article-im-gen-z-will-i-ever-own-a-home/
Canadian bitcoin ETFs take a hit from new U.S. competition: Despite the surge in the cryptocurrency’s price, trailblazing funds are seeing outflows
theglobeandmail.com/investing/globe-advisor/advisor-etfs/article-canadian-bitcoin-etfs-take-a-hit-from-new-us-competition/
Paid articlePaid 1985 Audi UR Quattro for sale by auction: Check out this 1985 Audi UR Quattro auction on PistonHeads. Stop dreaming and start driving.
pistonheads.com/buy/auction/16510983
What investors should know about the UAW's organizing drive of VW: The historic vote could have wide-ranging impacts on other automakers, organized labor and the ...
cnbc.com/2024/04/22/uaw-vw-organizing-drive-what-investors-should-know.html
Canadian visa delays: How students can improve chances of approval in September: Several students who attempted to secure Canadian student visas during the May ...
indianexpress.com/article/explained/canada-student-visa-delay-process-9279404/
China has been closing idled auto output capacity, industry body says: China's auto factories had a capacity utilisation rate of more 70% in 2023 and idled ...
reuters.com/business/autos-transportation/chinas-auto-factory-capacity-is-not-growing-fast-industry-group-says-2024-04-10/
Allye Energy wants to power your job site with used Land Rover batteries: A new startup is partnering with Jaguar Land Rover on a new portable BESS designed to ...
electrek.co/2024/04/23/allye-energy-wants-to-power-your-job-site-with-used-land-rover-batteries/
Five do-good Canadian travel ideas: Volunteer to help with wildlife research or build community infrastructure — sometimes for free accommodation
thestar.com/life/travel/five-do-good-canadian-travel-ideas-volunteer-to-help-with-wildlife-research-or-build-community/article_8e73af6c-f0f6-11ee-9d0f-0f63ae9cc891.html
Paid articlePaid Indigenous delegates say they are being left out of key talks on global plastic pollution treaty
theglobeandmail.com/politics/article-indigenous-delegates-say-they-are-being-left-out-of-key-talks-on/
Paid articlePaid Why the rise in shoplifting? Blame our addiction to online shopping: Shoplifting has surged to an alarming level across Canada, industry insiders say
theglobeandmail.com/business/commentary/article-why-the-rise-in-shoplifting-blame-our-addiction-to-online-shopping/
Paid articlePaid Canadian researchers create natural supplement to combat postpartum blues - National | Globalnews.ca
trib.al/0lHdJDV
Trump Media’s audit firm sees its business practices come under scrutiny: BF Borgers is banned from accepting new clients in Canada and was removed from an ...
qz.com/trump-media-bf-borgers-audit-accounting-scrutiny-1851410927
First attempt to catch orphaned orca calf in Canadian lagoon is unsuccessful: An orphaned killer whale stranded in a remote Vancouver Island lagoon is proving ...
apnews.com/article/canada-stranded-whale-calf-british-columbia-928c389a88b7dba6cce3a2147db9911e
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