Data from Canadian Black Book revealed used vehicle wholesale prices remained firm for the week ending on July 2, with an overall increase of 0.01% while the used retail market remains “red-hot.” According to CBB’s market update, premium sports cars …
Canadian auto dealer editor Todd Phillips interviews Emiliano Void, Co-founder and CEO of Blink Equity, a newly-launched racial equity consulting firm. Void talks about this new start-up aimed at helping companies and organizations map out and improve their approach …
The global electric vehicle market reached 2.45 million units in terms of volume in 2020, and is expected to grow at a CAGR (compound annual growth rate) of approximately 47 per cent between 2021-2026, according to Research and Markets. One …
The federal government announced an investment of $2,350,000 for British Columbia Hydro and Power Authority to install 47 electric vehicle (EV) fast chargers across the province. The announcement came from Patrick Weiler, Member of Parliament for West Vancouver–Sunshine Coast–Sea to …
Actor Mark Wahlberg, who made an appearance at the virtual 2021 NADA Show to discuss his growing automotive retail franchise, is set to add a fifth dealership to his Ohio portfolio after acquiring Joe Firment Chevrolet (to be named Mark …
A survey from Germany’s Center for Automotive Research (CAR) reveals that Germans are buying more cars despite pressure to embrace bikes and traffic-free cities, according to Forbes. In terms of transport policy plans in Germany’s big cities, CAR Director Ferdinand …
Car rental giant Hertz plunged into bankruptcy in 2020 during the pandemic, but a bidding war this spring helped boost stock worth and allowed the company to sell off around 200,000 of its 650,000 vehicles thanks to the high demand …
General Motors reduced the time it plans to get the upcoming BrightDrop electric delivery vehicle into production in Canada, according to Driving.ca. “The move could double the number of units built in the first year, in order to keep up …
Nissan reportedly plans to build a successor to the Leaf electric vehicle at its Sunderland plant, as part of a deal meant to bring a new battery factory to the United Kingdom. “The new EV manufacturing hub, called EV36Zero, represents …
Porsche is recalling its Taycan electric vehicle because the National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation received complaints from consumers about vehicles losing power while being operated. The recall affects approximately 43,000 Taycans worldwide and the list …
The Canadian used vehicle wholesale market remained relatively flat for the week ending on June 25, with the overall market increasing by only 0.05%, according to Canadian Black Book. In comparison, the week preceding June 25 saw an overall increase …
The Government of Canada announced on June 29 a new mandatory target to have all new light-duty cars and passenger truck sales be zero-emission by 2035, according to a Transport Canada news release. The target accelerates the previous goal of …
