Automotive loans were not protected in the U.S. Cares Act meant to help Americans financially during COVID-19. According to Car and Driver, “anyone with an auto loan who missed some payments over the last half-year might have taken a hit …
Fiat Chrysler Automobiles (FCA) will invest between $1.35 and $1.5 billion in its Windsor, Ont. assembly plant to build electric vehicles as part of an interim agreement with Unifor. “Not only is Fiat-Chrysler maintaining the current portfolio but they will …
Hertz Global Holdings Inc, a bankrupt car rental company, plans to invest up to $1 million in vehicle acquisitions in the United States and Canada. According to Autoblog, it also plans to invest “up to $800 million for working capital …
BMW has recalled 4,509 plug-in hybrid vehicles in the United States and 26,900 globally, because debris may have entered the Samsung battery cells during production and could cause a short circuit. In rare cases, it could cause a fire. Affected …
A full lineup of speakers for Canadian Black Book and J.D. Power’s 2020 TalkAuto@Home event has been announced, with the ninth annual event set to take place virtually between 1:00 p.m. – 2:00 p.m. EST the week of November 16. …
Reynolds & Reynolds CEO Bob Brockman has been charged with tax evasion, wire fraud, money laundering, and other offences, according to a news release from The United States Department of Justice (DOJ). Brockman was indicted by a federal grand jury …
The average days to turn for used vehicle inventory listed for sale continued to decline last week and is now at a 14-day moving average of 46 days — down three days from the previous week, according to Canadian Black …
Efficiency is the new benchmark for success according to Roadster’s latest Dealer Impact Study, which was conducted by Roadster and the National Automobile Dealers Association (NADA) in the United States and done in two “waves” to analyze the effects of …
The recovery of the Canadian automotive industry from the first wave of COVID-19 has been “volatile and inconsistent” across the industry, but retail sales as a measure of performance can help shed light on the uneven nature of it all. …
The pandemic’s negative impact on Canadians and businesses has been significant, but it has also helped propel certain areas of the automotive industry forward — giving rise to new tools and practices that meet social distancing standards. SERTI, an IT …
Vehicle presentations are on the verge of extinction. They not only need to be saved — they can be, through modernization. The Gray Whale, the White Rhinoceros and the Siberian Tiger were once on the endangered list and have been …
The popularity of the pickup truck in North America and the potential electric trucks being developed could help pave the way for wider EV adoption. Most of the world’s major automakers, and more than a few startups, have now committed …
