The cyclical recovery in global auto sales that began in mid-2009 remains intact, according to the most recent Scotiabank Global Auto Report. Gains have averaged 7 per cent over the past three years, including a 13 per cent surge in …
Ford Motor Company has said that it is spending more than $773 million U.S. on new equipment and capacity expansions across six manufacturing facilities in southeast Michigan. The project is part of a commitment to invest $6.2 billion in U.S. …
A recent story by the Wall Street Journal, highlights the growing popularity in glass roof panels on new vehicles. According to a poll by Harris Interactive, 40 per cent of car buyers in the U.S. said their next vehicle would …
According to Ford Motor Company, state-of-the-art sensing, computing and communications systems are not only quickly changing consumer expectations in people’s everyday lives, but are driving innovation in the automotive industry at an incredible pace in preparation for the future. “Ford …
Saab Automobile Parts North America (SPNA), which is the sole, exclusive supplier Saab Genuine Parts and Accessories to the U.S. and Canada, and General Motors, have entered into a Warranty Services Agreement. This enables SPNA to provide warranty administration and …
Safe-Guard Products, recognized as a pioneer and also a key provider of products and services in the F&I field, recently announced that it had been acquired by investment firm Goldman Sachs, in partnership with management from H.I.G. Capital. Safe-Guard, which …
Billed as the last word in terms of Lexus performance and quality, the LFA supercar has now ended its production run, leaving the brand without a true halo model for its retail network. As a result, given the new strategy …
Recently, Canadian auto dealer attended Quorum Dealer Management Systems’ inaugural management customer conference, held in Toronto. On November 27-28, dealers from across Canada and also parts of the U.S. descended upon the Crowne Plaza hotel in Etobicoke, near Pearson Airport …
Although rumours have been circulating that the alliance between General Motors and PSA Peugeot Citroen was in question, the automakers recently confirmed signature of major agreements regarding cooperative projects. These include the development of small multi-purpose and crossover utility vehicles …
Three of Canada’s top automotive CEOs will take part in a manufacturer’s panel at the CADA Summit event being held at the Hilton Toronto on February 13, 2013. These automotive leaders are part of more than 20 all-star speakers and …
Despite lenders south of the border easing credit restrictions and offering more non-prime and subprime financing, the actual delinquency rate on vehicle contracts continues to fall. According to TransUnion, one of the largest three monitors of auto lending in the …
Despite controversy over fuel mileage claims as a result of EPA testing procedures, Ford Motor Company has said that its new C-MAX has become the fastest-selling hybrid ever at launch, garnering 8,030 sales in its first two full months on …
