Canadian Black Book has announced its 2021 Best Retained Value award winners for vehicles in 23 segments that have retained the highest percentage of their original MSRP after four years. Of the vehicles measured, data for the 2021 award indicates …
Daniel Aubin has been appointed as the regional manager for Quebec for vehicle financing company Eden Park. The company describes itself as Canada’s largest privately held non-prime auto finance company, and plans to expand operations in the province of Quebec …
The global shortage of semiconductor chips has pushed Ford Motor Company to cancel shifts at two of its plants and build F-150 pickups and Edge SUVs without certain parts, according to CNBC. “The number of vehicles impacted is expected to …
The United States government is eyeing Canada as a potential place for American miners and battery makers to expand. Reuters said this is part of a strategy to increase the regional productivity of minerals used to make electric vehicles, while …
The U.S. National Highway Traffic Safety Administration (NHTSA) is investigating the collision of a Tesla vehicle with a parked Michigan State Police patrol car. The Tesla vehicle was suspected of being in Autopilot mode during the incident. “While investigating that …
Rivian plans to launch its Adventure Network EV charging station across the U.S., and install chargers exclusive to Rivian models and 10,000 chargers for public use, according to CNET. “This bit of infrastructure will cross the entire U.S. mainland and …
Hyundai is recalling 94,646 of its sedans (4,756 in Canada) because an anti-lock brake system module (ABS) could result in a short circuit that would lead to a fire risk. The recall includes the 2015–2016 Hyundai Genesis sedan and 2017–2020 …
Hyundai Auto Canada has partnered with the BlackNorth Initiative CEO Pledge to promote diversity and increase equity within the automotive community, with President and CEO Don Romano becoming a signatory of the pledge. Romano has also joined the BlackNorth Education …
Consumer confidence in their dealership declines dramatically when the difference between showroom offers is only $50 from what the consumer was quoted online, according to a recent survey by Market Scan Information Systems. The survey focused on consumer behaviour in …
Motor vehicle assembly shipments were down 28.2% in Canada in 2020, thanks to plant shutdowns, models disappearing, and production pauses amid the COVID-19 pandemic, according to DesRosiers Automotive Consultants (DAC). They said the industry fell below $45 billion in shipments …
KAR Global has invested in AI-powered vehicle inspections technology through a North American commercial partnership with Ravin AI, which aims to fortify the company’s digital capabilities. Ravin is an international provider of automated, mobile, and CCTV-based artificial intelligence solutions for …
The global electric battery market is expected to grow by US$37.69 billion between 2021-2025, with a CAGR (compound annual growth rate) of 21.78 per cent through 2024, according to a recent market report from Technavio. “The electric vehicle (EV) battery …
