Benny Leung and Nav Bhatia, two longtime Toronto-area dealer principals, broke ground on March 31 on new stores under the Hyundai/Genesis banner. Leung, President of Marsim Auto Group, will be opening a combined Genesis and Hyundai auto complex just north of Yorkdale …
Seventy-five per cent of consumers are comfortable buying a vehicle through either a fully online approach or a combination of online and in-person elements, according to the 2022 Capital One Car Buying Outlook. The company’s report, released in March, also …
Electric vehicle adoption is gaining momentum among Canadian consumers, according to Canadian Black Book’s annual study on car buying trends, which is conducted by Ipsos. CBB released more information from the study, which was conducted this year. The report findings …
Overall prices for used vehicles in the Canadian wholesale market increased slightly for the week ending on March 29—up 0.09% compared to the -0.10% from the previous week, according to Canadian Black Book. Its latest automotive market update indicates the …
Uber Canada and FLO teamed-up to boost EV adoption in some of Canada’s largest cities: Toronto, Montreal, and Vancouver. The partnership aims to make electric mobility more convenient and accessible for users of both networks. They plan to do this …
Dustin Woods, previously the associate editor of AutoTrader.ca, now steps into the role of Public Relations Manager at Genesis Motors Canada. The company announced the appointment in late March, noting that Woods will manage all communications with Canadian media (print, …
Stellantis N.V. and LG Energy Solution are teaming up to build the first large-scale electric vehicle (EV) battery manufacturing plant in Ontario. The joint-venture between the two companies will receive support from the federal, Ontario, and municipal governments and lead …
California-based Lucid Motors ramped up its presence in Canada with its second showroom and plans to add a third. Following the opening of the electric vehicle company’s Canadian debut last October at the Pacific Centre in Vancouver, B.C., Lucid opened …
Car buyers will be able to do purchases easier, faster and more conveniently following legislation announced on March 22 by the provincial government, which will enable dealerships to register vehicles online and issue permits and licence plates directly to consumers. …
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 …
