Search Results for: Canada
10 results out of 2111 results found for 'Canada'.
EU AND ASIAN AUTOMAKERS TAKE ADVANTAGE OF NEW USA LEASED VEHICLE TAX CREDIT RULES
European and Asian automakers exporting electric vehicles (EV) to the USA are looking to take advantage of US treasury guidance issued December 28 that allows consumers to claim tax credits of up to USD7,500 on leased EVs, even if they are not made in north America.…
HOW WOULD A NEW TESLA PLANT IN MEXICO HELP THE COMPANY EXPAND ITS BUSINESS?
Tesla, currently facing competitors developing more affordable electric vehicle (EV) models, could expand business and maintain its leadership in the North American and European market by opening a new plant in northern Mexico, say analysts. In this way, Tesla could leverage Mexico’s lower labor, utility and property costs.…
CANADIAN AUTO DEALERS HOPE PENT-UP COVID-19 ERA DEMAND WILL BOOST SALES IN RECESSIONAL 2023
Canadian automakers and dealers are hoping that unsatisfied demand for new autos that grew during the Covid-19 pandemic will be released in 2023 and enable sales to rise during a year when most economists predict Canada will tip into a mild recession.…
HUMANS V AUTOMATION? THE DEBATE MAYBE FALSE IF TRAINED STAFF CAN WORK WITH ROBOTS, SAY EXPERTS
While some commentators say the textile and clothing industry’s automation level remains low with investment being too sluggish and unambitious, others predict a bright future where robots and humans collaborate in sustainable customised design and manufacturing.
The clothing segment of the sector has, of course, been historically labour-intensive – with associated high costs – with manufacturers hesitant to adopt greater automation, given the availability of low-cost labour in cheap outsourcing centres. …
CORPORATE MONITORING SYSTEMS DEVELOP TO CATCH FRAUD AND DECEPTION BY REMOTE WORKERS
The comprehensive and thus far sustained extension of home-based remote working sparked by the Covid-19 pandemic has fuelled a growing market in surveillance devices helping managers ensure their employees are working rather than shirking. Some employers take a dim view of employees who tell managers they are at work at their desk, but instead are watching Netflix on the sofa.…
BREXIT DECISION CONTINUES DAMAGING FOR CAN INDUSTRY, SAY EXPERTS
THE UNITED Kingdom’s final exit from the European Union (EU) on December 31, 2020, after an 11-month transition period, has fulfilled predictions of disruption to the British and European can manufacturing industry, experts have told CanTech international. Indeed, feelings over Breit remain raw – one senior industry specialist, preferring to remain nameless, dubbed Brexit as, “the most stupid decision ever taken by UK politicians”.…
CANADIAN GOVERNMENT PROPOSES REGULATIONS MANDATING ALL NEW CARS, SUVs AND PICKUPS ARE ZERO EMISSION BY 2035
The Canadian government has released anticipated proposed regulations insisting that all new private passenger autos sold in Canada by 2035 must be zero-emission vehicles (ZEVs). While welcoming the law in principle, Canadian automakers have warned that the federal government will need to spend more in helping consumers buy ZEVs and on investing in charging networks to ensure this mandate is practical and affordable.…
GM EXECS AND CANADA POLITICAL LEADERS HAIL LAUNCH OF FIRST CANADA LARGE-SCALE EV ASSEMBLY PLANT
GM and Canadian political leaders today (Dec 5) hailed the launch of Canada’s first large-scale EV assembly plant, making BrightDrop Zevo electric delivery vans at the Big Three auto-maker’s CAMI assembly plant at Ingersoll, Ontario. BrightDrop, a wholly-owned GM subsidiary, announced it plans initial production of its Zevo 600 models in January (2023) and Zevo 400 models late next year (2023).…
CANADA AND USA MAY BE NORTH AMERICAN PARTNERS, BUT TRIMS AND MODELS CAN VARY BY MARKET
Canada and the USA may have one of the world’s most integrated auto sectors, with 2021 passenger vehicle imports into Canada from the USA worth USD27.8 billion and exports to the USA worth USD26.5 billion, yet trims and models can differ in either market.…
COVID-19 FRAUD BOOM CONTINUES AS RECESSIONS FUEL DISHONESTY
Fraud has spiked since the outbreak of Covid-19 and is still on an upward trajectory as economies struggle to rebound from the pandemic, according to research by Grant Thornton and the US-based Association of Certified Fraud Examiners (ACFE). One of the biggest growth areas in fraudulent activity, according to the American Bankers Association (ABA) is related to the exploitation of the elderly, particularly in ageing societies such as the USA, Europe and the east Asia.…