Canadian wholesale trade was up 5.7% in May from a month earlier — the most significant increase in nearly 17 years, according to Statistics Canada. The rise comes amid governments slowly relaxing COVID-19 restrictions. “Analysts in a Reuters survey had …
Daimler will stop building Mercedes-Benz sedans in the U.S. and Mexico in an effort to cut costs and streamline production amid the pandemic. “The German automaker made the announcement when revealing that it is shaping up to post an operating …
Lyft will distribute 60,000 shields for drivers to use as a partition between passengers. The company began designing semi-rigid partition shields made out of a polycarbonate material months ago. “It was critical to us that the design met the needs …
New York State plans to invest in new charging stations and other infrastructure for electric vehicles, according to an announcement from Governor Andrew Cuomo. The total budget for the program is $701 million until 2025. “However, an additional $48.8 million …
Some European OEMs are seeing a recovery in autos: Daimler experienced a gradual recovery in orders in the latter part of Q2, while Volkswagen AG is predicting the rebound in China’s car market will pick up. Volvo AB is one …
Last week the federal government provided a fiscal snapshot revealing the extent of pandemic-related damage on the Canadian economy — and the damage was apparent in various areas. According to Canadian Black Book’s latest COVID-19 update, the expectation is that …
Seventy-seven per cent of car shoppers intend to buy a vehicle now or within the next two or three months after the lockdown, according to a Kijiji Autos COVID-19 Consumer Sentiment Survey. That is just one of the stats provided …
Subaru Canada has introduced RAPID RTC Live Dealer, meant to connect online customers with salespeople in-real time through an audio/visual consultative sales process. Described as an immersive and omni-channel experience, the digital tool allows customers to choose the communication channel …
Digital marketing provider PureCars is now certified to offer digital advertising resources for fixed ops through the Toyota Parts and Service Program in the United States, thanks to a recently expanded partnership with the OEM. The move means that OEM …
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 …
