Daimler plans to begin discussions around selling its plant in Hambach, France, where the Smart compact car was produced for many years. The OEM has approximately 1,600 employees at the plant. “CEO Ola Kallenius said in a statement that the …
The Canadian divisions of Volkswagen and Honda, like Ford’s U.S. division, have suspended their Facebook and Instagram ads to try and pressure the company to ban hate speech. “The campaign is called ‘Stop Hate for Profit,’ and is being organized …
Mercedes-Benz Downtown Calgary dealer Perry Itzcovitch and its General Manager Mazen Aboulhosn discuss the strategy behind how the dealership achieved a new record of 260 Certified Pre-Owned sales in a month amid the pandemic, which they describe as an increase …
The Trump administration has threatened to impose tariffs on aluminum coming from Canada — a move that was used just last year as leverage to negotiate the new NAFTA agreement, or the U.S.-Mexico-Canada Agreement (USMCA) as it is known in …
Cox Automotive is forecasting a decline in auto sales of 24.2% in the U.S. during the first half of 2020, although June is anticipated to be another small step back to some semblance of normalcy. The seasonally adjusted annual rate …
U.S. new vehicle prices jumped $1,141 (3.1%) in June, year-over-year, while increasing $160 (0.4%) from last month, according to Kelley Blue Book. They estimate that the average transaction price for a light vehicle in the U.S. was $38,530 during that …
Ride-sharing appeared to have taken a hit during the pandemic, but a new company that launched its services in Ottawa, Ont., on Canada Day is promoting itself as green and socially responsible. Facedrive is a Canadian-owned company promoting its values …
The Canada-U.S.-Mexico trade agreement (CUSMA) launched on Canada Day, officially replacing the precious 26 year-old NAFTA. Global News said the flow of goods among the three nation members, worth around $1.2 trillion in 2019, declined in April to the lowest …
The new NAFTA arrives with new issues: it comes amid a pandemic, Trump is threatening tariffs on aluminum imports from Canada, and a well-known Mexican labour activist has been jailed — igniting concerns around labour reforms. “The champagne isn’t quite …
New car sales in the U.S. are down for the second consecutive quarter due in large part to stay-at-home orders and plant shutdowns. This heavily impacted sales between April 1 and June 30. According to Car and Driver: “the hard …
Tesla is now the world’s most valuable car company, overtaking Toyota after its stock reached a new record high, and a valuation of more than $208 billion. “Tesla’s stock has surged 17% this week alone, on Monday closing above $1,000 …
Volvo has recalled 2.18 million vehicles globally for defective seat belts. “The defect relates to a steel cable used in the front seat belt assembly that may fatigue and weaken over time, resulting in reduced restraint function of the seat …
