Tag: car industry news

Rivian commits to more in-person customer contact in Canada

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Rivian, which makes high-end electric SUVs and pickups, is opening its first Canadian showroom in the Vancouver suburb of Burnaby. The move by the California EV maker marks a course change from a strategy that favored largely online contact with customers, Denise Cherry, senior director of design and retail development, said. The purchase process still won’t be conducted end-to-end in the showrooms, which Rivian calls Spaces. The store will give it more of a presence in the community and customers a better chance to interact with the product and staff, he said. “We did want a place to put down…
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Having Problems with Your Car’s Windows Sliding Down?

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Are you frustrated because your car windows won’t stay up? Many vehicle owners in Tampa have problems with sliding car windows. Keep reading to learn more about why this happens and how expert repair services can keep your door windows in place. 3 Reasons for Windows that Won’t Stay Up Sometimes, your vehicle’s windows won’t stay up because the child safety switch is engaged or the ignition switch position needs to be in the accessory mode. When these simple fixes are the cause of your sliding window problem, you likely have one of the following issues that service technicians need…
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What if You Should Repair or Replace Your Windshield?

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If your windshield has recently been cracked, the first question you might ask yourself is: Does my windshield need repairing or replacing? Many Jacksonville, FL, vehicle owners have the same question. Below you’ll find some tips to help you decide if you need windshield repair or windshield replacement. When to Repair a Windshield Most people prefer to repair a windshield rather than replace it because it’s less costly. A chipped windshield is almost always repairable, and, in some situations, your insurance company might even cover the cost of the repair. For a chip to qualify for repairs, it shouldn’t exceed…
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Hyundai is undecided where it will expand EV manufacturing; Canada ‘on the list’

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Romano said Hyundai has had “a lot” of such conversations with the government. And while Hyundai’s focus is on Georgia today, the US $5.5 billion plant, going up northwest of Savannah, is unlikely to produce enough vehicles to meet the government’s EV targets on its own, he added. This need for a larger North American footprint could lead Hyundai to Canada, said Sam Fiorani, vice-president of global vehicle forecasting at US-based AutoForecast Solutions. “Canada is now pushing for an EV future. It makes a lot of sense to piggyback off of the battery plants and the technology, and the good…
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Autoliv sees pricing helping it hit or beat a mid-term growth goal

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STOCKHOLM — Autoliv expects to meet or exceed its medium-term business growth target while reiterating all of its financial goals for this year, a week after announcing around 8,000 job cuts to save costs. The world’s largest maker of airbags and seatbelts said that due to price increases to offset high-cost inflation, its business expansion was on track to significantly exceed growth in light vehicle production by four percentage points per year. In a statement ahead of its US investor day, Autoliv said when adjusting for those price increases, it would meet or exceed the growth target set for 2022…
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Shift Q1 earnings: Company reviewing ‘strategic alternatives’

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Online used-vehicle retailer Shift Technologies Inc. said Thursday its board of directors is working with management and financial and legal advisers to assess a range of “strategic alternatives” for the company. in a statementShift said its board of directors was conducting a process to “explore and evaluate strategic alternatives, including exploring a potential sale of certain operating businesses, third party investment or partnership opportunities and/or funding alternatives for our marketplace business, to further enhance value for all stakeholders.” The company said its board did not set a timetable for the completion of the review process. There is “no assurance” it…
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Kia and Hyundai Break-Ins On the Rise in Kent

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Social media challenges, which have steadily increased since 2020, range from silly and benign to downright dangerous and harmful. One of the latest harmful challenges to hit social media this summer is the “Kia Challenge”—and it continues to gain momentum across the country. The Kia Challenge is a TikTok trend that encourages social media users to steal Kias manufactured between 2011-2021 and Hyundais made between 2015 and 2021. These models are being targeted because they don’t come with an engine immobilizer, which is a piece of hardware that prevents the engine from starting if the matching chip in the key…
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Geely: All options on the table on Volvo AB stake

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“Anything is possible in the future,” Oscarsson said. “For the time being we have no intention to change our position in the company.” He didn’t exclude Geely taking a more active ownership role such as requesting a board seat or joining the nominee committee. Geely, which owns a web of automotive interests in Europe, controls 8.2 percent of Volvo’s share capital and 16 percent of votes. Swedish investment company Industrivarden AB is the biggest stakeholder with 27.8 percent of votes. Geely bought the stake in Volvo in 2018 from activist investor Cevian Capital AB and has viewed the holding then…
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