Stellantis and Hon Hai Technology Group (otherwise known as “Foxconn”) are teaming up to design semiconductors to support Stellantis and third-party customers. In a news release, the CEO of Stellantis Carlos Tavares said their “software-defined transformation” will be powered by …
U.K. new car sales improved slightly in November, even as semiconductor issues persist. Following four months of declining new car registrations, Auto Express said the SMMT recorded a 1.7% increase in November. However, “What looks like a positive performance belies …
The AWIN Group of Dealerships in Ontario is reportedly planning to include a dealership showroom concept into “the base of a new 29-storey, Giannone Petricone Associates-designed tower containing 240 condominium units” around 550 Adelaide East in Toronto, which would replace …
Doyle Dodge in Sudbury, Ont. celebrated 100 years in the community this year by, among other things, supporting local nonprofits and charities. “It would be really easy in a pandemic with all the changes and difficulties in our own personal …
Tesla CEO Elon Musk is planning to include a four-motor version of the Cybertruck electric pickup, along with four-wheel steering for off-road maneuvering features, according to Green Car Reports. “When the Cybertruck was unveiled in late 2019, a three-motor version …
American truck and SUV manufacturer Rivian was offered incentives by the U.K. government to build a £1billion (approximately CA$1.69 billion) vehicle-production facility in Somerset, according to Auto Express. “The perks include a new exit off the M5 motorway for easy …
AutoCanada completed the acquisition of 11 dealerships from the Autopoint Group, which continues to operate across Southwestern Ontario after more than 17 years. In a news release, the group said the dealerships generate annual revenue of more than $345 million, …
Canadian automotive leasing company Auto|One officially opened their new dealership on Windmill Road in Nova Scotia on Dec. 1, 2021, and in so doing launched their Maritime leasing operations. The company offers leasing on both new and used vehicles, across …
Quebec’s Groupe Park Avenue acquired Bang Carrosserie that caters to consumers’ automotive bodywork needs and is located in Brossard—part of the Greater Montreal area. With this acquisition, the group said nearly 20 jobs were preserved and added to Groupe Park …
Toyota donated $115,000 to the Canadian Red Cross to support relief efforts in the affected communities of British Columbia as a result of floods and extreme weather. Toyota Canada, Toyota Motor Manufacturing Canada, Toyota Financial Services, and Canadian AutoParts Toyota …
The Chicago Auto Show will return to McCormick Place in Illinois from February 12-21, 2022 at its traditional time of 10 a.m. to 10 p.m. with the exception of Presidents’ Day, according to the Chicago Automobile Trade Association (CATA). The …
B2B automotive trading platform Trade X secured additional debt financing from Forbright Bank and a global asset management firm to help expand its growth in North America and globally. The company said the new lines of credit total US$50 million …
