Elon Musk will now allow customers to purchase a Tesla model with bitcoin cryptocurrency, should they so choose. The option is currently only available to U.S. buyers, but the company may extend it to other countries. Tesla said bitcoin transactions …
Chinese electric vehicle maker and Tesla challenger Nio plans to halt production for five days at its Hefei plant due to the global semiconductor chip shortage. And Stellantis will temporarily halt production at five North American plants starting this week. …
Cyber threats and attacks against connected cars remain an issue for OEMs and consumers. “A cybersecurity company called Karamba Security connected a vehicle electronic control unit (ECU) online and found that hackers made more than 25,000 breach attempts in three …
The Suez Canal, an artificial waterway in Egypt, was blocked for nearly a week by the Ever Given container vessel but has now been partially re-floated. The blockage was impacting the flow of vehicles and other products. “The obstruction has …
Canadian auto dealer editor Todd Phillips interviews Don Romano, President & CEO of Hyundai Canada, about his leadership on anti-Black and systemic racism, including being the first automotive CEO in Canada to sign the BlackNorth Initiative’s CEO Pledge. Romano also …
TRADER has announced the winners of its 2021 autoTRADER.ca Best Priced Dealer Awards, which recognizes Canadian dealers for their consistent and transparent pricing practices on the company’s marketplace. “We’re excited to bring back the autoTRADER.ca Best Priced Dealer Awards to …
Quorum has announced new enhancements to its Autovance MyDeal product that will allow dealership customers to complete online payments for a vehicle deposit. New integrations have also been added to the company’s Autovance retailing platform, into auto credit portals Dealertrack …
U.S.-platform TrueCar is forecasting that the nation’s total new vehicle sales will reach 1,460,820 units in March 2021 — up 42% year-over-year and up 13% from February 2021, when adjusted for the same number of selling days. They said the …
Recent news around the much-anticipated federal Budget 2021 was not missed by automotive industry professionals and associations — with the Trillium Automobile Dealers Association (TADA) eyeing opportunities to emphasize skilled trades to high schools. “Ontario’s new car dealers are in …
Ontario often sets the tone for Canadian new light vehicle sales each month, due to high volume, but in February 2021 DesRosiers Automotive Consultants (DAC) said the tone was “decidedly sour.” “With sales down 20.9% for the month, Ontario lost …
Canadian used vehicle wholesale prices continued to trend up for the week ending on March 19, with car segments up 0.30% (compared to the previous week’s 0.15% increase) and trucks/SUVs up 0.55% (down 0.01% from a week earlier), according to …
Looking at how automakers are improving the customer experience — not just the buying process, but the vehicle ownership experience — Toyota has developed an app that explains how to install different makes of child seats into different Toyota models. …
