One of the last steps in finalizing the FCA-PSA merger arrived on Monday, when shareholders of Peugeot-owner PSA gave the green light to move forward with the plan. “At a special shareholder meeting, the deal to form the new company called Stellantis was first backed by top investors with double voting rights, including the Peugeot family, China’s Dongfeng and the French state, via Bpifrance,” said Autoblog. FCA investors will offer their verdict later on Monday. Read the original article…
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.
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 …
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 …
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. …
Canadian auto dealer senior editor Todd Phillips interviews Amy Karam, an expert on global trade and innovation and a speaker at the upcoming CADA Summit being held February 11, 2026 in Toronto. Karam gives a sneak preview of her discussions, …