Renault appears ready to exit the Russian vehicle production market, leaving local partner Avtovaz to build Lada vehicles without foreign car parts, according to Driving. “The Western carmaker with the greatest exposure to the Russian market said on (March 23) …
Despite massive progress from the automotive retail industry to shift to digital retailing, consumers still see this option as lacking, according to market research from Capital One Financial Corp. “Dealers believe they made a big move in digital, and therefore …
Ford created a unit to develop autonomous vehicles and new technology. According to the company’s CEO Jim Farley, the Ford Next unit was formed late last year. “The unit contains Ford’s stake in autonomous-auto startup Argo AI and will develop …
Car buyers will be able to do purchases easier, faster and more conveniently following legislation announced on March 22 by the provincial government, which will enable dealerships to register vehicles online and issue permits and licence plates directly to consumers. …
When Ford announced that it would separate its business in two, focusing one unit on electric vehicles and the other on its gas-engine division while keeping both operations in-house, the news should have caused ripple effects across the traditional automotive …
Most provinces in Canada recorded sales decreased in February 2022, according to a recent update from DesRosiers Automotive Consultants (DAC). The company’s estimate shows that new light vehicle sales were down 12.4% in February 2022 compared to a year earlier, …
Overall prices for used vehicles in the Canadian wholesale market declined for the week ending on March 22 by 10% compared to only 0.04% the prior week, based on Canadian Black Book’s latest auto market update. The overall car segment …
Hyundai Canada donated $50,000 to Indspire’s Building Brighter Futures: Bursaries, Scholarships and Awards program. The donation is meant to help create opportunities for Indigenous students in post-secondary education positions, and to raise awareness about career opportunities in the automotive sector. …
Canadian auto dealer’s Carina Ockedahl interviews Peter Hatges, National Automotive Sector Leader at KPMG in Canada, to discuss the company’s latest poll regarding the high interest consumers have in shifting to electric vehicles amid rising gas prices, along with other surprising …
Thirty-seven per cent of Canadian consumers are more likely to purchase a smaller or more fuel-efficient vehicle this year, while 29% are more likely to buy an alternative-fuel vehicle, according to Canadian Black Book’s 2022 Ipsos survey. With so much …
More companies are supporting the federal government’s goal to adopt a national zero-emission vehicle (ZEV) sales mandate this year, as they hope the mandate will guarantee enough supply and sales of EVs across Canada. Electric Mobility Canada (EMC) is the …
Reynolds and Reynolds restructured its dealer agreements to make them simpler, shorter, and more streamlined, according to a company news release. “We’ve been working with dealers so they feel more comfortable in their relationship with us, and an important part …
