Jonathan Wilkinson, Minister of Natural Resources, announced a combined investment of over $450,000 to the Canadian Automobile Association (CAA) and Electric Autonomy Canada for separate zero-emission vehicle (ZEV) awareness projects. According to the Government of Canada, federal funding for these …
Clutch, an online car retailer in Canada has launched an instant cash offer tool for customers. The tool is designed to improve the car-selling experience for Canadians looking to sell or trade-in their pre-owned vehicles. According to the company’s blog, …
AutoNation, described as the largest car dealership chain in the United States, told Fortune that discounts on new vehicles may be a thing of the past, and may not return after the pandemic. “We will not return to excessively high …
Hyundai, Kia, and Genesis topped the list of J.D. Power’s Vehicle Dependability Study rankings. The 2022 study included more than 29,000 U.S. owners of 2019 model-year vehicles three years after purchase. “Many owners are holding on to their vehicles longer, …
A cargo ship carrying up to 4,000 vehicles—Porsche, Volkswagen, and Bentley models and heading for the United States—caught fire as it was traveling through the Atlantic. “Our immediate thoughts are of relief that the 22 crew of the merchant ship …
The trucker convoy blockades that blocked the U.S.-Canada Ambassador Bridge border for approximately one week may have cost the automotive industry US$299.9 million between February 7-15. “Our updated estimate includes lost direct wages for Michigan, lost direct wages in Ontario, …
After two years of losses, the Renault Group returned to profitability in 2021 and reached a number of long-term financial targets earlier than it had anticipated. In revealing last year’s financial performance, Autocar said the company highlighted that it “has …
The Canadian Automobile Dealers Association conducted its 2022 CADA Summit on February 16, representing the second consecutive year the event went virtual due to pandemic-related issues. TD Auto Finance was the exclusive sponsor. The Summit offered an interesting array of speakers …
Flavio Volpe, President of the Automotive Parts Manufacturers’ Association, had sobering words when talking about what would happen to the Canadian auto parts manufacturing business if U.S. President Joe Biden’s tax bill goes through after failing the first time. …
The automotive aftermarket’s service and repair industry experienced strong sales in 2021 even as supply constraints remain an issue, according to DesRosiers Automotive Consultants (DAC). That should be of interest to any dealer keeping tabs on the ups and downs …
Used vehicle wholesale prices remained relatively flat since the beginning of the year and for the week ending on February 15, according to Canadian Black Book’s latest update. “The Canadian wholesale market has continued to remain stable overall,” said CBB, …
The Automobile Journalists Association of Canada (AJAC) announced the names of the finalists for its 2022 Canadian Car of the Year and Canadian Utility Vehicle of the Year awards. The three finalists for Canadian Car of the Year are: the …
