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Automotive
Automotive
Amazon begins mass layoffs among its corporate workforce
NEW YORK (AP) — Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
Nov 16, 2022 2:21 PM
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Vietnamese electric vehicle maker VinFast launches first showroom in Canada
TORONTO — Vietnamese electric vehicle maker VinFast says it has opened its first Canadian showroom as it prepares for a wider expansion into the market.
Nov 16, 2022 8:43 AM
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NFI Group reports US$42.6M Q3 loss, revenue up from year ago
WINNIPEG — NFI Group Inc. reported a loss of US$42.6 million in its latest quarter compared with a loss of US$15.4 million in the same quarter last year as its revenue edged higher.
Nov 16, 2022 7:44 AM
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Toronto-based Waabi launches AI-powered self-driving system for trucking
Toronto-based Waabi says it is launching its self-driving system in the real world as it looks to push trucking towards a more autonomous future.
Nov 16, 2022 6:04 AM
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Studies find automatic braking can cut crashes over 40%
DETROIT (AP) — Two new U.S. studies show that automatic emergency braking can cut the number of rear-end automobile crashes in half, and reduce pickup truck crashes by more than 40%.
Nov 15, 2022 9:12 AM
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Consumer Reports survey: Hybrids are most reliable vehicles
DETROIT (AP) — Gas-electric hybrids were the most dependable vehicles sold in the U.S. in the past year, while big pickup trucks and fully electric automobiles performed the worst in Consumer Reports' annual reliability survey.
Nov 15, 2022 9:03 AM
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Japan's economy shrinks as consumers hold back on spending
TOKYO (AP) — The Japanese economy contracted at an annual rate of 1.2% in the July-September quarter, as consumption declined amid rising prices. Seasonally adjusted real gross domestic product for the world’s third-largest economy shrank 0.
Nov 14, 2022 6:59 PM
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Electric air taxi company Archer plans $118M Georgia factory
ATLANTA (AP) — A California company seeking to build small electric aircraft says it will invest $118 million to construct a plant near Atlanta, eventually hiring up to 1,000 people.
Nov 14, 2022 4:13 PM
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'Freedom Convoy' put Canada's reputation at stake as U.S. voiced concerns: officials
OTTAWA — The "Freedom Convoy" protests that took over downtown Ottawa last winter and inspired several border blockades caused serious concerns about Canada's international reputation and its economic security, senior Canadian officials say.
Nov 14, 2022 4:04 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Economic data Statistics Canada will release its monthly survey of manufacturing report and wholesale trade figures for September on Tuesday.
Nov 13, 2022 7:00 AM
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