Quebec rebates for electric vehicles have been reduced, while more funding is being provided for charging stations and to help support the development of minerals for EV batteries, according to the province’s 2022-2023 budget report. The report shows that Quebec’s …
Genesis opened its first standalone retail facility in the United States, the company announced. Genesis of Lafayette is located in Louisiana and is owned and operated by dealer principal Arthur C. LeBlanc Jr. and Sterling Automotive Group. Consumers can book …
The United States plans to release approximately one million barrels of oil a day from its reserves for six months starting in May—a move that Autoblog describes as “a historic drawdown underscoring White House concern about rising gas prices and …
Honda is targeting used vehicle shoppers with its certified pre-owned programs know as HondaTrue Used and Acura Precision Used, which Car and Driver said aims to get both first-time buyers and used-car shoppers “into their dealerships and away from online …
Dealerships must deal with the time and bear the additional cost that comes with installing fast chargers on their lots, due in large part to service and installation upgrades, said Carscoops. “According to (Starling Automotive Group) owner Alan Starling, the …
Tesla suspended production of its Shanghai factory last Monday to Thursday after the city implemented a two-stage lockdown to manage a surge in COVID-19 cases—and that suspension reportedly continued into the weekend. According to Autoblog, “The company may have also …
Certain members of Faraday Future Intelligent Electric’s management team received a subpoena from the U.S. Securities and Exchange Commission as part of a probe into inaccurate statements made to the EV company’s investors. “An internal review had in February identified …
The heads of three major automotive trade associations in Canada came together on April 1 to discuss the federal government’s recent announcement around a zero-emission vehicle sales mandate, along with key elements needed in the federal Budget to achieve these …
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 …
