More than 40 automotive brands slashed vehicle prices ahead of a change in emissions rules in China. “Government plans for a stricter auto emissions standard effective July 1 has added pressure to automakers and dealers to clear inventories of vehicles …
Masahiro Moro, Mazda’s director and senior managing executive officer, will be the company’s next president and CEO if shareholders and the board approve the move in June, according to CNBC. “The leadership shake-up comes as the company, which is owned …
Cox Automotive is discontinuing physical auction sales at its Manheim Edmonton location but plans to invest even more in Toronto and Montreal. Matt Trapp, Manheim Regional VP, East/Canada, told Canadian auto dealer that following the divestiture of some of its …
CADEX is returning to its normal place on the calendar for 2023, and will be held on Wednesday April 5 at the Halifax Marriott Harbourfront Hotel. The day begins at 10:30 a.m. and the conference sessions start at noon. The …
The move to electrified vehicles won’t be without its bumps in the road and already EV owners are unhappy with things such as rising electricity rates and the speed of chargers. A new J.D. Power 2023 U.S. Electric Vehicle Experience …
New cars continue to be priced well above MSRP, even as the supply chain slowly improves, and despite rising economic concerns that typically dampen consumer demand for large ticket items. A new iSeeCars study found manufacturer pricing for new cars …
The Canadian used wholesale auto market was down -0.22%, according to Canadian Black Book. The 2017-2019 average was also -0.21%. The Canadian wholesale market for used cars was down -0.21%, and trucks were also down similar to last week at …
Five years after it opened as a single-point dealership with trailers for a business office, Penticton Nissan has come a long way, battling through the growing pains as a startup and then COVID. The anniversary was March 1 and 10 …
NCDA’s popular Auction for Athletes is returning April 24 to 27, 2023, for another year of support for Special Olympics BC. For more than 35 years, this annual online auction has raised vital funds to empower Special Olympics athletes with …
On Monday, Canadian Black Book released its Used Vehicle Retention Index for February 2023, which sits at 157.9 points (a –0.2% MOM decrease). Year-over-year, the Index has decreased –3.5%. The Index dates to January 2005, where the Canadian Black Book …
The Volkswagen Group steps up its activities in North America in a bid to take a strong position in this important growth market for battery electric vehicles. The Group and its battery company PowerCo have selected St. Thomas in Ontario, …
A Vancouver-based lithium-ion battery materials company has just reported that they have expanded into the United States to pursue business opportunities there, as well as open a manufacturing plant. NEO Battery Materials Ltd. is “a low-cost silicon anode materials developer …
