Preproduction 2023 models of Ford’s F-series Super Duty pickup trucks. (Ford.com)

Ford to keep AM radio, CEO says

Amid rising concerns, Canada's premier automaker will not drop AM

Ford Motor Co. has gone back on its plan to phase AM radio out of its vehicles. Ford CEO Jim Farley made the announcement Tuesday via Twitter, after company officials said last month that AM would be dropped from new non-commercial vehicles. “After speaking with policy leaders about the importance of AM broadcast radio as […] Read more

(RBAuction.com)

Ritchie Bros. raises cash payout in bid for IAA

Activist investor Starboard Value buys into Ritchie

Reuters — Canada’s Ritchie Bros. on Monday sweetened the cash component of its buyout offer for IAA Inc. by 28 per cent, valuing the U.S. auto retailer at US$5.94 billion, and also secured the backing of a key IAA shareholder which had questioned the initial offer. The latest cash-and-stock offer at $44.40 per share, will […] Read more


GM’s CAMI assembly plant at Ingersoll, Ont. (GM.ca)

GM aims to tackle chip shortage with new designs

Chip-making investments to be in U.S., Canada

Reuters — General Motors aims to tackle the global semiconductor shortage with new designs built in North America, president Mark Reuss said on Thursday. Reuss told an investor conference GM is working with seven chip suppliers on three new families of microcontrollers that will reduce the number of unique chips by 95 per cent on […] Read more