Genesis has expanded its retail network with the addition of Genesis Langley located in British Columbia’s lower mainland. The retailer now has 25 locations across Canada, including five in B.C., and the latest addition is considered to be Genesis’ third …
Brian Murphy, Vice President of Research & Analytics at Canadian Black Book, talks about the new USMCA rules around used vehicle exports and the positive and negative impacts that could have on the dealers exporting them to the U.S. from …
Expect more cost-cutting from Daimler due to an unexpected second-quarter operating loss, according to the OEM’s chief executive. “Our previous efficiency goals covered the upcoming transformation, but not a global recession,” said CEO Ola Kaellenius. “That’s why we are further …
Vauxhall’s plans to reopen its Ellesmere Port plant in Cheshire, England could be delayed to later this year, past September. The OEM’s parent firm, PSA, has stressed that “consumer demand for new vehicles remains the overriding factor in the post-lockdown …
General Motors’ racketeering lawsuit against FCA has been dismissed by a U.S. federal district court judge. The news comes after a judge also dismissed a previous ruling to have CEO Mary Barra and FCA CEO Mike Manley meet in-person under …
Uber said it will become profitable next year thanks to its plan to buy food delivery service Postmates for US$2.65 billion. Uber stock has increased by 7% since the announcement was made. “Uber says it’s confident that the acquisition will …
François Blais, Executive Vice President of Dealer Services and Special Risks, iA Financial Group, Industrial Alliance, discusses his new role with the company, new challenges, and what dealers can expect. Watch the video.
In its latest report, Cox Automotive found that U.S. consumers continue to delay buying and servicing vehicles, and inventory shortfalls are starting to impact price discounts offered by dealers. The report released in mid-June — COVID-19: Tracking U.S. Consumer and …
First Canadian Financial Group (FCFG) has acquired automotive aftermarket company Pro-Tech Seal Manufacturing as the company seeks to expand its offerings to automotive dealers in Canada. According to FCFG, Western Canada-based Pro-Tech Seal is among the country’s largest auto aftermarket …
It’s official: Canadian Prime Minister Justin Trudeau will not be attending a meeting in Washington, D.C. to celebrate the start of the new NAFTA trade deal. “While there were recent discussions about the possible participation of Canada, the prime minister …
Germany’s recovery from COVID-19 may be slow and painful, according to Reuters. That analysis is based on data showing that industrial orders increased by a record 10.4% during a month when restrictions were being lifted — nearly a third less …
California can still lead the U.S. and the world on electric vehicles despite the Trump administration’s attempts to fight these efforts. California has established air and climate partnerships with officials from China and the European Union, and its agencies run …
