David Kennedy Toronto Bureau Chief for Automotive News Canada [email protected] (416) 712-1378 Toronto Bureau Chief See All Staff Page Recent Stories Canada Drives granted creditor protection as it restructures, abandons online Used-vehicle retailer Canada Drives has filed for and been granted creditor protection as the company seeks to restructure its business and abandon online sales amid escalating inventory costs and weakening used-vehicle prices. Industry looks to Ottawa’s March 28 budget to solve IRA incentives imbalance A targeted approach to investments, on top of key battery-building advantages, could keep Canada in the fight for growth in the auto industry. Unifor organizes GM, Tesla supplier Sodecia Automotive London in Ontario Unifor has added another parts plant to its growing roster of automotive workplaces following a unionization vote at Sodecia Automotive London Inc., last month. Battery recycler Li-Cycle moving to new facility in Kingston, Ont. The Toronto-based company said it will double its lithium ion battery material processing capacity in Kingston to 10,000 tonnes per year, as well as add warehousing, research, and training space at a new integrated facility in the Eastern Ontario city. Flo spending $23.8M on developing next-gen Level 2 fast charger Quebec-based Flo will get $6 million from the provincial government as it brings a new “ultra” fast-charging station to market. EVs emerge as buy-sell factor As each automaker refines how it will make the transition to EVs, their electrification strategies give Canadian dealership groups yet another factor to consider when weighing acquisition opportunities. VW plant marks ‘new epoch’ of auto investment in Canada Details of Volkswagen’s planned battery cell plant have not been released, but Federal Industry Minister François-Philippe Champagne touted the commitment as the country’s largest-ever auto investment. Cox Automotive to cut 80 employees as it reviews Canadian operations Changes in the local wholesale market mean Manheim Edmonton no longer fits Cox’s growth plan. CARS & CONCEPTS: New or refreshed offerings from Chevy, Honda, Hyundai and more Cars & Concepts is a showcases of new or refreshed vehicles recently on sale in or destine for the Canadian market. Here are offerings from Chevy, Honda, Hyundai, Mazda and Mercedes-Benz. Quebec’s perpetual positive charge in the EV supply chain A flood of investments in the battery supply chain — from miners, battery-material suppliers and automakers — began gushing into Quebec in early 2022 and there are few signs the tide will recede. VW picks St. Thomas for first North American battery cell plant The automaker and its in-house battery subsidiary PowerCo on Monday announced the landmark investment in the southwestern Ontario city midway between Toronto and Windsor. Financial details weren't immediately disclosed. Canada can’t go toe-to-toe with U.S. incentives in Inflation Reduction Act Given the inordinately high value of the tax credits in the U.S. Inflation Reduction Act (IRA), many are skeptical that Ottawa has deep enough pockets to mount an effective defence with fiscal tools alone. When it comes to hiring at dealerships, character before schooling In many industries, a job applicant without a university degree or college diploma won’t clear the initial resume screening, let alone come away with a job offer. But automobile retailing has long been an exception to educational hurdles. Canada's Acerta Analytics Solutions, Nissan test AI tool made to prevent failures Researchers from Nissan Motor Co., and Canadian tech firm Acerta Analytics Solutions Inc. are putting a new artificial intelligence tool designed to predict engine component failures through its paces. Ottawa announces $14.1 million in new critical minerals funding Six Canadian mining and resource companies scaling up technologies to extract or process battery minerals and rare earth elements for the electric vehicle market will share $14.1 million in new critical minerals funding from the Canadian government. Load More
David Kennedy Toronto Bureau Chief for Automotive News Canada [email protected] (416) 712-1378 Toronto Bureau Chief See All Staff Page