Automotive
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EU cuts economic forecasts over trade uncertainty
Europe’s economy depends heavily on trade and has felt the effects from slowing global commerce
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BMW profit hit by anti-trust case, spending on technology
The Munich-based company was able to slightly increase the number of vehicles sold to 605,333 and said it expected a boost from new models
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19.4% of board directors are female across all company types: StatCan [UPDATED]
More than half of all boards composed entirely of men
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As U.S. lowers auto emissions standards, Canada is at a fuel efficiency crossroads
Canada’s auto industry has urged the government not to create separate emission standards for Canada and the U.S.
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Musk doubles down on investment as Tesla raises capital goal
The cleantech firm said Friday that it’s raising the offer due to the positive response from Thursday’s announcement that it would try to raise US$2.3 billion
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EDC unveils $50M Women in Trade Investments Program
The export credit agency says it will work with women-owned and -led businesses that are strong candidates for significant export growth
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Uber riders can buy transit tickets on app for Denver
Denver officials are nurturing their relationship with Uber as a way to increase ridership by exposing the transit agency to new customers such as airport travellers
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Volkswagen earnings upbeat despite diesel scandal charges
Earnings were under pressure from high outlays for the a future lineup of battery vehicles
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U.S. Steel plows US$1B into western Pennsylvania operations
New casting and rolling technology at its Edgar Thompson Plant will allow the company to combine thin slab casting and hot rolled band production into one process
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Car-sharing apps, rental car companies do battle over taxes
Car-sharing companies including Turo and GetAround are giving the US$42 billion-per-year rental car industry a run for its money
