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 …
Canadian auto dealer editor Todd Phillips interviews Brett Morris, Chairman/Co-founder at Perception Group, about a new tech platform that helps dealers better predict which candidates will be successful based on data and analytics. (Source: Canadian auto dealer) Watch the video…
The Trump administration is reportedly considering imposing tariffs on aluminum imports from Canada. “We have heard, obviously, the musings and proposals from the United States that perhaps there needs to be more tariffs on aluminum,” said Canadian Prime Minister Justin …
Japanese automakers experienced a difficult month in May, with global sales declining 38 per cent during this period as many factories and dealerships remained closed due to COVID-19 lockdowns. “Many countries have been easing their lockdown measures, but industry experts …
Some new Ford customers will be permitted to return their vehicles if they lose their job amid COVID-19, according to The Detroit News. It’s part of a new program the OEM rolled out, which allows customers who lease or purchase …
The annual Woodward Dream Cruise is among the latest automotive events to be officially canceled due to concerns over the COVID-19 pandemic. “While we are deeply saddened by the tough decision to cancel the 26th annual Woodward Dream Cruise, we …
California passed a landmark mandate that will require manufacturers to sell more zero-emissions vehicles starting in 2024. The move, passed unanimously by the California Air Resources Board (CARB), will help wean the trucking sector off diesel and has been hailed …
The Volvo Car Group and Waymo will team up to create a new Level 4 autonomous electric vehicle platform for the ride-hailing market. “This key partnership with Volvo Car Group helps pave the path to the deployment of the Waymo …
