New vehicle prices in the United States jumped $2,125 (up 5.4%) from May 2020, while increasing $493 (up 1.2%) from April 2021, according to the analysts at Kelley Blue Book. The estimated average transaction price for a light vehicle in …
Online fintech lender LendingArch signed a major deal with a lending institution to provide personal loans to Canadians across the country, and signed its 500th car dealership to provide real time auto loan leads. “We are pleased to announce our …
The New York International Auto Show received the green light this year, returning to the Jacob K. Javits Convention Center and opening up to the public from August 20-29, 2021. “We are excited to welcome back auto enthusiasts and industry …
Despite a free trade agreement between the United Kingdom and Australia, British vehicle manufacturers are not yet committing to lower prices even though the agreement was meant to immediately eliminate a 5 per cent import tariff. The affected British-built cars …
Ford acquired a silicon valley startup called Electriphi to help with its commercial fleet (electric vehicle) strategy, according to Forbes. “During its recent capital markets day for investors, Ford announced the creation of Ford Pro, a new business unit focused …
Mazda has committed to a fully electric vehicle lineup within the next decade, which will include hybrids, plug-in hybrids and full EVs as part of the OEM’s Zoom-Zoom 2030 vision. “We will deliver multiple electrification solutions to meet various customers’ …
Porsche introduced its new generation Porsche Communication Management 6.0—an upgrade that introduces several online features, a “new-look” menu design, and more. “Connected intelligent navigation is one of the biggest updates in the shift to PCM 6.0.,” said Auto Express. “Porsche …
Thirty-one per cent of Canadians are considering relocating due to the pandemic and more than one third are eyeing a semi-rural or rural location, according to a national survey conducted for Aviva Canada by Leger Canada. The How We Live …
Martins Industries, a designer, manufacturer and distributor of tire equipment, added a new member to its team—and “he” is not human. Marty the Robot joined the team as the company’s official internal tour guide. The program was developed following requests …
It is no longer news that many Canadians are driving less during the pandemic, but it may be news to note that 57% of consumers did not reach out to their vehicle insurance provider about discounts or changes to their …
The Canadian used vehicle wholesale market is up again—this time by 0.35% for the week, which now extends the positive weekly performance to 15 consecutive weeks, according to Canadian Black Book. Its weekly automotive market update also revealed increases in …
Chevrolet will help cover the cost of the standard installation of a Level 2 (240-volt) charging home outlet for certain customers who buy or lease a new 2022 Bolt EUV or Bolt EV. In doing this, Chevrolet may help improve …
