When Ford announced that it would separate its business in two, focusing one unit on electric vehicles and the other on its gas-engine division while keeping both operations in-house, the news should have caused ripple effects across the traditional automotive …
Most provinces in Canada recorded sales decreased in February 2022, according to a recent update from DesRosiers Automotive Consultants (DAC). The company’s estimate shows that new light vehicle sales were down 12.4% in February 2022 compared to a year earlier, …
Overall prices for used vehicles in the Canadian wholesale market declined for the week ending on March 22 by 10% compared to only 0.04% the prior week, based on Canadian Black Book’s latest auto market update. The overall car segment …
Hyundai Canada donated $50,000 to Indspire’s Building Brighter Futures: Bursaries, Scholarships and Awards program. The donation is meant to help create opportunities for Indigenous students in post-secondary education positions, and to raise awareness about career opportunities in the automotive sector. …
Thirty-seven per cent of Canadian consumers are more likely to purchase a smaller or more fuel-efficient vehicle this year, while 29% are more likely to buy an alternative-fuel vehicle, according to Canadian Black Book’s 2022 Ipsos survey. With so much …
More companies are supporting the federal government’s goal to adopt a national zero-emission vehicle (ZEV) sales mandate this year, as they hope the mandate will guarantee enough supply and sales of EVs across Canada. Electric Mobility Canada (EMC) is the …
Reynolds and Reynolds restructured its dealer agreements to make them simpler, shorter, and more streamlined, according to a company news release. “We’ve been working with dealers so they feel more comfortable in their relationship with us, and an important part …
Honda of Canada Mfg. (HCM), which is part of Honda Canada, will invest $1.38 billion over six years to upgrade its Alliston, Ont., manufacturing plants as part of the OEM’s goal to reach zero emissions by 2040. The investment is …
Leggat Auto Group, which is celebrating its 100th anniversary, developed an interesting concept to highlight its milestone and showcase some of its current and future inventory with a virtual auto show, something it had never done before. The show ran …
The total, average employment in the automotive industry increased 4.3% in 2021, compared to the 2020 average—which means that approximately 640,000 people were employed across different sectors last year, according to DesRosiers Automotive Consultants (DAC). The automotive retail industry saw …
Used vehicle wholesale prices remained relatively flat this week for the Canadian market, down slightly by 0.04% for the week ending on March 4, according to Canadian Black Book. Last week it was up 0.03%, while the industry average between …
The HGreg Group, which operates in both Canada and the United States, announced that Emilio B. Imbriglio—former President and CEO of Raymond Chabot Grant Thornton—will join the company’s board of directors effective April 2022. Raymond Chabot Grant Thornton is a …
