Self-driving cars could ease traffic, but increase sprawl

Self-driving cars could ease traffic, but increase sprawl
BOSTON — A new study inspired by Boston’s early experiments with self-driving cars finds that the technology could ease congestion, but might also lead to more cars on the road and further encourage urban sprawl. The report, released Tuesday by the Boston Consulting Group and the World Economic Forum, is a mostly optimistic take on how autonomous vehicles could change... Read More

Shares of Bombardier up more than 20% after singing CSeries deal with Airbus

Shares of Bombardier up more than 20% after singing CSeries deal with Airbus
MONTREAL — Shares in Bombardier Inc. soared more than 20 per cent in early trading after the company gave up majority control of its CSeries aircraft program to European company Airbus Group. Bombardier shares were up 53 cents at $2.89 on the Toronto Stock Exchange, shortly after trading began Tuesday. The move followed an announcement of a partnership between the... Read More

U.S. demand on autos for NAFTA: Make huge changes, immediately

U.S. demand on autos for NAFTA: Make huge changes, immediately
ARLINGTON, United States — The United States is presenting a triple-whammy demand on auto manufacturing at the NAFTA negotiations, including a strict “Made In America” requirement with virtually no grace period to would allow car companies time to adjust. The proposal is viewed as a non-starter by virtually every party involved in automobile production: Canada, Mexico, U.S. industry, and even... Read More

WestJet shares hit two-year high on record quarterly load numbers

WestJet shares hit two-year high on record quarterly load numbers
MONTREAL — Shares of WestJet Airlines hit a more than two-year high after the Calgary-based airline reported the highest quarterly load factor in its 21-year history. The shares peaked at $27.77, the highest level since June, 2015. They closed at $27.64, up 1.1 per cent in Thursday trading on the Toronto Stock Exchange. WestJet (TSX:WJA) said its planes were 85.7... Read More

TTC again disappointed that Bombardier will miss streetcar deliveries target

TTC again disappointed that Bombardier will miss streetcar deliveries target
MONTREAL — Bombardier Transportation is reigniting disappointment in Toronto by notifying the city’s transit authority Thursday that it won’t meet this year’s target for delivering streetcars. The Montreal-based company’s rail division says it informed the Toronto Transit Commission (TTC) that because of supply chain issues it will deliver 65 vehicles by the end of the year, short of its original... Read More

Post-recession investments in Canada’s auto sector far below the crash: report

Post-recession investments in Canada’s auto sector far below the crash: report
TORONTO — A new report says there’s “no sustained indication” that Canada’s automotive manufacturing sector will return to pre-recession levels of capital investment. DesRosiers Automotive Consultants says the country’s loss of investment to Mexico and the southern U.S. has already been well documented. Its new report says that capital spending for Canada’s motor vehicle assembly industry has averaged just $1.2... Read More

Livelihoods versus technology: the future of Quebec’s control over taxi industry

Livelihoods versus technology: the future of Quebec’s control over taxi industry
MONTREAL — The head of one of the companies offering financing for taxi permits in Montreal insists there is still a market for the much-devalued commodity. The price of a permit has decreased almost 40 per cent since Uber began operating in Quebec about four years ago, according to the province’s Transport Department. Michel Hebert’s company, FinTaxi, is doing what... Read More

Boeing launches PR campaign touting economic contribution to Canada

Boeing launches PR campaign touting economic contribution to Canada
MONTREAL — U.S. aerospace giant Boeing has launched a public relations campaign amid its trade battle with Bombardier to remind Canadians of its economic contribution to the country. The Chicago-based company (NYSE:BA) said its multimedia efforts, which got underway on Tuesday, includes traditional and digital media including television, radio and other digital platforms. Boeing Canada managing director Kim Westenskow said... Read More

Bombardier fights back after new duty put on CSeries sales to U.S.

Bombardier fights back after new duty put on CSeries sales to U.S.
MONTREAL — Bombardier Inc. accused the Trump administration of overreach by siding with Boeing in its bid to shut the CSeries commercial jet from the world’s largest airline market by effectively quadrupling the price of any of the planes sold in the United States. “It represents an egregious overreach and misapplication of the U.S. trade laws in an apparent attempt... Read More

U.S. delays announcing second round of punishing duties on Bombardier CSeries

U.S. delays announcing second round of punishing duties on Bombardier CSeries
MONTREAL — The U.S. Department of Commerce says it is delaying its announcement on preliminary anti-dumping duties against Bombardier Inc. until Friday. The company is expected to face additional export duties on its CSeries commercial jet. The decision follows last week’s move to impose nearly 220 per cent preliminary countervailing tariffs once deliveries to Delta Air Lines begin next year.... Read More