Canadian Black Book’s Used Vehicle Value Retention Index for the month of June revealed some segment gains as values remained flat. From February to May values fell by 7.8 points or 7.2%, but June marked a shift in the trend. …
Expect more electric vehicles and an acceleration in the advancement of autonomous features in the next five years within the global automotive industry, according to a report from KPMG in Canada — which deals with audit, tax, and advisory services. …
Marc-Olivier Paquet has been tapped as SERTI’s new Vice President of Finance, leaving behind his previous position of General Manager and Chief Financial Officer in the high-tech field. “Marc-Olivier will no doubt become an essential part of SERTI’s growth in …
Mercedes-Benz Canada has appointed its new President and CEO; Dimitris Psillakis succeeds Brian D. Fulton and officially enters the new role on September 1. Fulton has been with the company for 26 years and announced earlier in 2020 that he …
automotiveMastermind, a provider of predictive analytics and marketing automation solutions for dealers and OEMs, has made some changes to its leadership team. The company hired two new executives — one of them being Charity Taylor, who will take on the …
Canadian Prime Minister Justin Trudeau reportedly urged U.S. President Donald Trump to reconsider his idea to impose new tariffs on Canadian aluminum. “I highlighted to the President that the pandemic has disrupted usual manufacturing processes and supply chains, and that …
Toyota will reportedly provide eligible employees with the option to work from home on a permanent basis. The move comes as the automaker is looking for ways to keep employees safe during the pandemic. It also comes as “Toyota officials …
Discussions over cost cuts between Daimler and labour representatives are reportedly heating up and have become “rougher.” The OEM was anticipating cutting at least 10,000 jobs but Daimler board member Wilfried Porth said that “more than 15,000 workers would now …
Tesla’s shift away from cobalt could reduce the price of an electric vehicle. “The company is placing a huge bet on rechargeable battery technology that doesn’t use cobalt,” said Forbes. “This is one of the main elements making lithium ion …
The U.K. and Japan hope to reach an agreement on a trade deal by the end of the month and formally sign it in September. “The countries are working to clinch an agreement on the basis of the Japan-EU FTA, …
Canadian auto dealer editor Todd Phillips interviews Todd Bourgon, Exec. Dir., TADA about the association’s Auto Dealers Innovation Series and Expo, powered by the ACE event in September. The event will feature keynotes, exhibitors and ways for attendees to connect. …
The new NAFTA trade deal, known as CUSMA, will not limit Canada’s ability to retaliate should the U.S. impose tariffs on steel and aluminum, according to Steve Verheul, Assistant Deputy Minister at Global Affairs Canada. “We have options in terms …
