Volkswagen losses: $5.8B US tariff hit, Porsche problems
German auto giant Volkswagen faces staggering financial losses as US tariffs and Porsche challenges create perfect storm for Europe's largest automaker.
German auto giant Volkswagen faces staggering financial losses as US tariffs and Porsche challenges create perfect storm for Europe's largest automaker.
New research exposes staggering financial losses from unexpected equipment failures in manufacturing, with companies losing up to $852 million weekly due to unplanned downtime and outdated maintenance strategies.
Stellantis, the automotive giant behind Jeep, Ram, and Dodge, reports impressive third-quarter revenue growth of 7% as its North American operations fuel a strategic turnaround. Discover how price increases and improved shipments are driving the company's
Cambridge AtomWorks strengthens its strategic direction with the appointment of Alistair Pettey as Non-Executive Director, bringing extensive financial and technology expertise.
HPQ Silicon achieves major milestone with first industrial shipments of game-changing Endura silicon batteries, poised to transform energy storage technology across multiple sectors.
Sudbury author explores a terrifying future dominated by artificial intelligence in his new speculative fiction novel that questions our technological trajectory.
Canadian lawmakers confront Stellantis president Carlos Zarlenga over controversial decision to shift production from Windsor to U.S., raising concerns about Canadian auto industry future.
A major Microsoft Azure service disruption brought Quebec's healthcare digital infrastructure to its knees, affecting multiple critical health platforms and services across the province.
Alphabet's Q1 earnings reveal Google Cloud's explosive 28% growth, driving the tech giant past analyst predictions. Discover how AI investments are paying off big.
YouTube is revolutionizing video quality with groundbreaking AI technology that can upscale low-resolution content to stunning high-definition. Discover how this game-changing feature will enhance your viewing experience.
Canada is spearheading a groundbreaking G7 critical minerals partnership to secure supply chains and reduce reliance on China for essential green technology components.
Canada's Energy Minister announces major investment in Quebec battery technology, positioning Canada as a global leader in clean energy manufacturing and creating hundreds of jobs.
A significant Microsoft Azure cloud outage has disrupted services across North America, impacting retail giants like Costco and Starbucks, along with Microsoft's own Office 365 platform, highlighting critical dependency on cloud infrastructure.
Microsoft partners with CarbonCapture in landmark deal to remove carbon dioxide from atmosphere, accelerating climate tech innovation and corporate sustainability leadership.
Unifor Local 88 members launch three-day rally at Ingersoll GM plant as contract negotiations intensify, fighting to protect thousands of automotive manufacturing jobs in Southern Ontario.
A Canadian backcountry skier is harnessing artificial intelligence to predict avalanche risks with unprecedented accuracy, potentially saving lives in mountain communities.
General Motors makes dramatic workforce reductions at its Detroit electric vehicle battery factory, citing slower-than-expected EV adoption and scaling back production plans.
A 52-year-old British Columbia man faces multiple charges in connection with brutal 1997 sexual assaults in Ontario, solved through advanced DNA technology and dedicated cold case investigation.
The White House confirms critical negotiations could place TikTok under American ownership, with a potential deal being finalized during high-stakes talks in South Korea. Get the latest developments on this groundbreaking tech security agreement.
Exclusive invitation for Toronto's top executives to join HMG Strategy's 13th Annual C-Level Technology Leadership Summit. Network with peers and discover cutting-edge insights shaping business technology.
Russian President Vladimir Putin confirms successful testing of the Poseidon nuclear-armed underwater drone, raising global security concerns amid ongoing Ukraine conflict.
An explosive AP investigation uncovers how US agencies approved and assisted American companies selling sophisticated monitoring technology to China, raising serious human rights concerns.
Saskatchewan embarks on a transformative $7 billion nuclear energy partnership with Ontario Power Generation, positioning the province as Canada's next clean energy leader while creating thousands of jobs.
The world is experiencing an unprecedented solar energy revolution as installations surge by 85% to 444 gigawatts in 2023, transforming global energy markets and challenging fossil fuel dominance.
Toronto's commuting landscape transforms as Argo's digital platform drives explosive growth in GO Station connectivity, reshaping how commuters navigate the GTA.
Nvidia Corporation continues its unprecedented rally, approaching a staggering $5 trillion market capitalization as artificial intelligence revolutionizes global technology markets.
Canada's ambitious 2035 electric vehicle mandate faces serious feasibility challenges, from infrastructure gaps to supply chain limitations. Experts warn this green dream could become a consumer nightmare.
YPrime launches groundbreaking eCOA oversight technology that transforms clinical trial monitoring, ensuring investigator accountability and participant protection in real-time.
Canadian automotive giant Magna expands its cutting-edge driver and occupant monitoring systems in China through strategic partnership with Germany-based OEM, enhancing vehicle safety standards.
Simcoe County is launching a cutting-edge 911 system that will transform emergency response through text, video, and photo capabilities, marking the biggest upgrade in decades.