Britain’s official separation from the European Union could cost automakers and industry suppliers up to 11 billion euros, or around CA$17.07 billion if cross-border trade does not remain tariff-free, according to Nicolas Peter, BMW’s Chief Financial Officer. “The auto industry …
The federal and Ontario governments will each chip in $295 million to support production at Ford’s plant in Oakville, Ont., as part of a three-year agreement. The money is meant to promote the mass production of electric vehicles and batteries. …
Waymo is opening up registration for its self-driving, ride-hailing service to more people in Phoenix, Arizona. According to Car and Driver, “Waymo One riders in Phoenix who are already using the service can now bring along their friends and family …
Germany’s Transport Minister, Andreas Scheuer, has decided to drop plans for a car toll on motorways across Europe, due largely to opposition from within the German government and also from European Union partners, according to Reuters. “Deliberations on finding a …
The ownership-cost advantage for electric vehicles is particularly strong for SUVs and pickup trucks. According to Green Car Reports, when comparing these types of vehicles to their gas-engine counterparts, “an electric car can cost 10% to 40% more than a …
Canadian auto dealer editor Todd Phillips interviews Todd Bourgon, Exec. Director, TADA about a video the association produced to showcase the new virtual platform for the 2021 Canadian International AutoShow. The video features Bourgon interviewing Dave McClean, Marketing Director, CIAS, …
In a world of information overload, terms like data, data science, machine learning, AI, predictive analytics and more seem to cause confusion at best, or are misunderstood entirely. We want to break down what these terms mean, and what they …
Automotive sales figures during the third quarter of the year showed the first signs of recovery following the downturn experienced earlier in the pandemic — although the recovery does not appear even among OEM brands, according to DesRosiers Automotive Consultants …
MBLM has released a new Brand Intimacy COVID Study that looks at how the pandemic is affecting 100 leading brands across 10 industries — including the automotive sector, which now has fewer brands in the top 10. A first look …
Interest in electric vehicles is on the rise in the United States and China despite the COVID-19 pandemic, according to a new 2020 Global Mobility Navigator Study by Ipsos. The study focuses on electrification and indicates that global interest in …
Michelle Denogean, CMO of Roadster, offers a sneak peek at an in-depth study they did with the National Automobile Dealers Association (NADA), where they asked 236 dealerships about the impact COVID has had on their store and how it has …
Canadian wholesale used vehicle prices for September jumped 1.5%, and in doing so set a new all-time record high for the Canadian Black Book Used Vehicle Retention Index. “After losing 7.2% of its value from February to June, the Index …
