IHS Market is predicting a strong growth forecast for global automotive sales this year, rising 9% to 83.4 million, increasing another 5% in 2022 to 86.9 million, and then up 4% in 2023 to 89.7 million. Europe is expected to …
Quebec narrowly missed its sales target of putting 100,000 electric vehicles on the road by 2020, as the province sold an estimated 92,000 battery-powered units. Simon-Pierre Rioux, President and Founder of the Quebec Electric Vehicle Association (AVEQ), said there were …
Hyundai and Kia expect their combined global vehicle sales to increase by 11.5% in 2021 after decreasing for the past two years. “Their target of 7.08 million vehicles comes after the coronavirus pandemic sent sales last year tumbling 12% to …
Tesla aimed to deliver 500,000 vehicles in 2020, but fell short of meeting its goal by 450 cars. “Even though the company fell just a little short, it’s an impressive showing nonetheless,” said CNET. Tesla had to deliver approximately 181,000 …
One of the last steps in finalizing the FCA-PSA merger arrived on Monday, when shareholders of Peugeot-owner PSA gave the green light to move forward with the plan. “At a special shareholder meeting, the deal to form the new company …
Britain secured a trade deal with the European Union seven days before it was set to exit the world’s biggest trading blocs, according to Reuters. “It will preserve Britain’s zero-tariff and zero-quota access to the bloc’s single market of 450 …
Tesla and Wall Street helped the United States in 2020 move the automotive industry needle towards greater electrification, with signs pointing to an accelerated shift in 2021, according to Autoblog. Investors, it says, have concluded that the ICE dominance is …
Fiat Chrysler Automobiles is suing its Canadian (Ontario-based) supplier, claiming it is not supplying enough engine blocks. “The automaker claims Martinrea ‘improperly and unilaterally’ dedicated one of its manufacturing machines, located at a facility in Mexico, to another customer,” said …
The last-minute trade deal clinched on Christmas Eve between the United Kingdom and European Union means the electric car trade is protected — for now. One of the stickier points that had to be worked out was the percentage of …
French investigators will reportedly arrive in Beirut in January to participate in an interrogation of former Renault-Nissan boss Carlos Ghosn, who fled Japan and arrived in Lebanon on Dec. 30, 2019. “In addition to his trial in Japan, the 66-year-old …
Montreal plans to ban non-electric cars downtown as part of its Climate Plan 2020-2030. It also plans to plan 500,000 trees, remove parking around metro areas, and adopt strict regulations in Canada for greenhouse gas emissions from buildings, according to …
As part of its climate change plans, the federal government plans to increase its use of hydrogen through regional hubs. “Natural Resources Minister Seamus O’Regan says the clean-burning fuel could provide up to 30 per cent of Canada’s energy needs …
