Nissan reportedly plans to build a successor to the Leaf electric vehicle at its Sunderland plant, as part of a deal meant to bring a new battery factory to the United Kingdom. “The new EV manufacturing hub, called EV36Zero, represents an overall investment of around £1billion from Nissan and its partner, battery manufacturer Envision AESC,” said Auto Express. The plant will create hundreds of jobs directly at Nissan and Envision AESC. (Source: Auto Express) Read the original story…
Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.
Uncertain times are having dealers wondering about their exit timing Many of us are looking forward to watching 2024 ride into the sunset. With eager anticipation, we are hoping to see a red sky followed by a year of dealer delight. …
Go Auto has acquired two new dealerships in Richmond, B.C.: Go Richmond Subaru (formerly Richmond Subaru) and Go Richmond Kia (formerly Kia Richmond). “These acquisitions further solidify our presence in the Greater Vancouver Area and align with our strategic goal …
Banks in the United Kingdom may need to pay billions of pounds in compensation to potentially millions of drivers in the country if the British Supreme Court upholds a ruling by judges at the Court of Appeal over commissions paid …
Data from Equifax’s Canada Q3 Business Credit Trends Report may be of interest to dealers, especially those just starting out, as findings show newer Canadian businesses are driving significant growth in debt balances. The company said it sets a complex …
Automotive industry players in Canada likely heaved a sigh of relief after the federal government announced trade talks between Canada and the United States will resume. Both parties are eyeing a deal by July 21. It was not Canada’s automotive …