The Scotiabank Women Initiative launched a mentoring and networking program called Women in Auto Accelerator to help women build their careers in Quebec’s automotive industry. The program is free to participants. Its goal is to connect young professionals with industry …
The impact of the war in Ukraine has now reached global automotive industry factories and electric vehicle production, according to The Irish Times. Ford, Volkswagen and BMW are among the OEMs that slowed down production due to the disruption from …
Kia announced plans to roll out 14 electric vehicles by 2027, including two pickup trucks and a standard entry-level EV, according to Driving. “Also announced by the Korean automaker was a commitment to design its first dedicated purpose-built vehicle (PBV), …
Honda is teaming up with Sony to create a new company that will develop electric vehicles and aims to start selling these vehicles in 2025, according to CNBC. “The new company will design, develop and sell electric cars but not …
Former Nissan executive Greg Kelly, who was arrested during a business trip in Japan on charges that he helped Carlos Ghosn hide more than $80 million, may soon return to the United States after three years of prosecution. “Chief Judge …
As the war in Ukraine rages on, Porsche may be forced to halt the production of a number of its models, according to The Drive. Already, “Porsche announced it will suspend production in its Leipzig plant from Wednesday (March …
The more things change, the more they stay the same, it seems. While the pandemic restrictions that limited sales over much of the past two years are now mostly behind us, the microchip shortage that ensued is being resolved only …
Mercedes-Benz Canada completed the sale of its corporate-owned Mercedes-Benz dealerships in the Greater Toronto Area to a new ownership team: the AWIN Group of Dealerships and Zanchin Automotive Group. Eva Wiese, President and CEO of Mercedes-Benz Canada, said the completion …
The Zanchin Automotive Group, one of the top dealer bodies in Ontario, added to its holdings and announced it in a unique way on LinkedIn. With award-winning actor Brian Cox, Zanchin announced that it took over ownership of Mercedes-Benz Maple, …
The Canadian used vehicle wholesale market remains relatively flat—up only 0.09% for the week ending on February 25, according to Canadian Black Book’s latest update. The market average from 2017-2019 for the same week was -0.14%. The overall car segment …
Hyundai Motor Company plans to accelerate its electrification plan, with the goal of selling 1.87 million battery electric vehicles (BEVs) annually by 2030 and targeting 7 per cent of the global electric vehicle market share by that date. “Hyundai is …
Automotive Properties REIT, which focuses on acquiring automotive dealerships in Canada, recently added two Tesla properties to its portfolio—for a combined purchase price of $25.9 million. The Tesla dealerships are located in Quebec City, Que., and Innisfil, Ont. The tenant …
