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 …
An engine shortage in Mexico may force Ford to shut down vehicle production at certain plants in the U.S. “Due to COVID-19, the State of Chihuahua in Mexico has limited employee attendance to 50%, a region in which we have …
A Melbourne-based not-for-profit organization is running a Donate Your Car program to help raise funds towards the prevention of youth homelessness. “Kids Under Cover’s mission is to provide young people at risk of homelessness the foundations to strengthen their connection …
Tesla reduced the price of its Model Y SUV by $3,000 due to the COVID-19 pandemic. The vehicle was launched four months ago, but the automaker is looking to maintain its sales momentum amid the crisis. Tesla also slashed the …
Jill Hadfield, Chief Product Officer at TRADER, talks about the recent launch of a new digital retailing solution on autoTRADER.ca marketplace amid the pandemic, what this means for dealers, and how she sees digital retailing evolving in the coming years.
The first six months of the year may have been a complete disaster, due largely to the novel coronavirus pandemic — but there are some positive signs, according to Canadian Black Book’s most recent COVID-19 Auto Industry Update. Starting with …
In Q2, the SUV spectrum accounted for 47.1% of the light vehicle market share in Canada — up from 45.3% in the second quarter of 2019 — although performance among certain segments was mixed, according to an update from DesRosiers …
The Dilawri Group now owns and operates 75 dealerships across Canada thanks to its most recent acquisition: Lexus Laval in Quebec. That latest addition marks the first Lexus dealership for the group, which represents 33 brands. Lexus Laval was founded …
