Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

New Kia vehicles that have arrived from overseas are sitting on a storage lot in Wolverton, Ont., purposely locked up even though customers have been waiting months and months — some well over a year — to get their vehicles. The new cars are being withheld from Kia’s Ontario dealerships — and reportedly from many more … Read more

Honda recalling about 4.5M vehicles worldwide over fuel pump issue

Honda recalling about 4.5M vehicles worldwide over fuel pump issue

Honda Motor’s American unit is recalling about 4.5 million vehicles worldwide over risks of fuel pump failure, the Japanese automaker said. The recall includes 2.54 million vehicles in the United States and comes after the automaker previously recalled 628,000 U.S. vehicles in 2021 and 136,000 in 2020 for the same issue. Honda Canada pointed CBC … Read more

Dollarama sales, profit way up after growing total number of stores

Dollarama sales, profit way up after growing total number of stores

Dollarama reported its third-quarter profit and sales rose compared with a year ago and raised its guidance for comparable-store sales. The retailer says it earned $261.1 million or 92 cents per diluted share for the 13-week period that ended Oct. 29, up from a profit of $201.6 million or 70 cents per diluted share a … Read more

Helium startups on the Prairies hope to keep domestic supplies afloat

Helium startups on the Prairies hope to keep domestic supplies afloat

To the untrained eye, the collection of pipes and structures rising out of the prairie 200 kilometres east of Calgary looks like any other natural gas processing plant in southern Alberta.  But the Steveville plant isn’t focused on extracting hydrocarbons. Instead, the prize it’s seeking deep underground is helium.  The element is most commonly associated with … Read more