Canadian Auto Dealers Seek Managed ICE Phaseout

OTTAWA – The Canadian automobile sector has called on the country’s provinces to better coordinate efforts to increase demand for electric vehicles. This follows the Québec government announcing a ban on local sales of new combustion-driven light vehicles from 2035.

While the ban would not apply to most commercial vehicles and used-auto sales, and hybrid sales and use might still be allowed, Brian Kingston, the new president and CEO of the Canadian Vehicle Manufacturers’ Assn., fears this policy might not achieve its goal of promoting EV sales: “You need a plan, not a ban,” he tells Wards.

Read the source article at WardsAuto

Millennials are buying more cars, and sooner, but for how long?

2020 has been a year of unintended consequences, no matter where you look. Kids were suddenly doing their learning online, many of us began working from home, and thousands had to impromptu figure out how to interior-design the backdrop behind their computer monitor, as every virtual meeting became a peek into someone’s personal world. The car industry has seen some huge changes, as well. With the initial lockdowns, sales didn’t just spiral, they crashed.

Read the source article at driving.ca

Toyo Tires Treadpass 3D now available online for auto enthusiasts

Toyo Tire U.S.A. announces that beginning today, auto enthusiasts can experience one of the most popular destinations of the annual SEMA Show from the comfort and safety of their home with Toyo Tires Treadpass 3D.

With a dozen one-of-a-kind vehicles making their world debut, Toyo Tires Treadpass 3D provides virtual attendees the chance to explore the vehicles with a 360-degree view, read specs on the builds, take photos and share them on social media, and enter for the chance to win exclusive pins by Leen Customs.

People can experience Treadpass 3D from their smartphones, tablets, and computers by …

Read the source article at Traction News

Are Democrats in Better Car-Buying Mood Than Republicans?

U.S. car dealers may see an increase in Democratic shoppers and, conversely, a decrease in Republican purchase intenders because of the results of the Nov. 3 presidential election, says Charlie Chesbrough, Cox Automotive’s senior economist.

“Democrats may be more likely to buy a vehicle” because they’re elated that Democrat Joe Biden is President-elect, he says, even though incumbent Donald Trump has yet to concede.

 

Read the source article at WardsAuto

Winter tires could save your life – don’t listen to the truthers

If haven’t got your winter tires on now, you may have to wait a while. Thanks to COVID-19, there could be a decrease in supply. Production slowed down once lockdowns went into effect last spring. Plus, closures meant some drivers couldn’t visit mechanics and spent the summer driving on their winter tires; now, those tires will need to be replaced. In the last few weeks, there has been a rush to get winter tires put on.

Read the source article at Home – The Globe and Mail

CVMA CEO Brian Kingston on what makes Canada an attractive place to invest

New Canadian Vehicle Manufacturers Association CEO Brian Kingston talks about what Ford’s and FCA’s EV commitments mean to the industry, what makes Canada a good place to invest and what his members would like to see in the way of government aid when it comes to helping the industry survive the COVID-19 pandemic. 

Read the source article at Automotive News Canada

Trinseo Sees Market Recovery: Preliminary Third Quarter 2020 Financial Results

The Company notes that many end markets, including automotive, tires and construction, experienced strong demand recovery in the third quarter after weak demand during the second quarter due to the COVID-19 pandemic. Third quarter volumes in the Performance Plastics, Synthetic Rubber and Latex Binders segments were similar to prior year. In addition, margins across most segments were higher than prior year.

 

Read the source article at Home – The Globe and Mail

TIA Gives Legislative Update at Honors Ceremony

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The Tire Industry Association‘s Roy Littlefield III, CEO, and Roy Littlefield IV, director of government affairs, updated TIA members on key legislative issues that the organization is following for its members during Monday’s Tire Industry Honors Ceremony.

 

 
 

Read the source article at Tire Review

DuPont sees strong annual profit as auto sector recovers, signals more cost cuts | Reuters

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Oct 29 (Reuters) – Industrial materials maker DuPont on Thursday forecast full-year profit above Wall Street expectations as it kept a tight check on costs and benefited from a recovery in the automotive industry, one of it biggest markets. The company, which makes everything from brake fluid to fabric used in protective garments, has been cutting costs to battle weak demand in several industries due to the COVID-19 pandemic.

Read the source article at Business News

Continental pairs with startup to industrialize long-distance lidar

Among dozens of lidar companies pioneering technology that helps autonomous vehicles perceive the road ahead, many can build prototypes that effectively function. Few have production contracts that pave the way toward mass production. Lidar startup AEye joined the ranks of the latter Tuesday. Global supplier Continental said it had acquired a minority share in AEye. Together, the two companies intend to jointly develop the sensors and ready them for automotive production by 2024.

Read the source article at Automotive News Europe