India’s auto sales volume, significantly impacted by the pandemic, will take three-to-four years to return to peak levels, according to Reuters. Sales of cars, SUVs, motorbikes and trucks had already fallen 75 per cent by April 1 from a year …
U.S. presumptive Democratic presidential nominee Joe Biden revealed a Cash for Clunkers-style plan to offer incentives or rebates to consumers to help boost the adoption of electric vehicles and increase EV production. “The plan seems rooted in a proposal from …
The Volkswagen division is freezing new hiring until the end of the year. “We remain under substantial cost pressure,” said the brand’s chief Ralf Brandstaetter. “Deliveries and therefore revenue have dropped sharply. At the same time a large amount of …
Tesla’s use of the terms “Autopilot” and “Full Self Driving” have been banned in Germany by Munich’s Regional Court due to its controversial nature. “Calling both ‘misleadingly prohibited’, the Court banned further use of both names, not least because Tesla’s …
After 20 years, Nissan is changing its logo to a design meant to reflect its next generation of high-tech vehicles, according to CadAdvice. Dealership showrooms will make the transition to the new design over the next few years. “The new …
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 …
