After much anticipation, the federal government finally released its fall economic statement for 2020, which offers some good news for automotive retailers in Canada — particularly where zero-emission vehicles (ZEV) are concerned. Chrystia Freeland, Deputy Prime Minister and Minister of …
Average new vehicle prices in the United States were up 1.3% year-over-year ($499) in November and down 1.2% ($480) from the previous month, according to Kelley Blue Book. The estimated average transaction price for a light vehicle in the U.S. …
The Insurance Bureau of Canada (IBC) has released its annual top 10 list of stolen vehicles in Canada, with the 2018 Honda CR-V 4DR AWD in first position with 350 counts of theft, followed by the 2017 Lexus RX 350/RX …
Finalists of the 2021 autoTRADER.ca awards have been announced and are meant to recognize vehicles for their value, innovation, performance, comfort, technology and desirability. A jury of more than 20 automotive journalists are responsible for selecting the finalists, and have …
Ontario plans to increase the ethanol content in gasoline to 15% from 10% by 2030 to help fight climate change, which could also potentially benefit corn farmers in the province. “We know about one-third of all greenhouse gas emissions in …
The U.S. National Highway Traffic Safety Administration is investigating approximately 115,000 Tesla vehicles over a front suspension safety issue that may have affected 2015-2017 Model S and 2016-2017 Model X vehicles. “The 2017 service bulletin said some vehicles have ‘front …
Vehicle production in the U.K. fell by 18.2% in October due in large part to suppressed demand stemming from lockdowns. During the month, 24,490 fewer cars were built than in 2019. So far this year, the market has seen a …
Richard Denniss, Chief Economist at The Australia Institute, has come out against misconceptions that the fuel excise in Australia gives electric vehicles a free ride, and suggested that the federal government instead boost taxes on heavy trucks. “If the government …
Ford CEO Jim Farley recently praised General Motors for quitting the Trump emissions alliance that stood against California. “I applaud GM for reversing course on this critical issue,” said Farley in a tweet. “I’m also proud that Bill Ford and …
Ryan Robinson, Research Leader, Global Automotive Sector for Deloitte Canada’s Consumer Industry Center, discusses the shifting behaviour and attitude of consumers in Ontario regarding vehicle ownership, and what their expectations are when it comes to dealers and online car buying.
Canadian wholesale vehicle prices for cars and trucks declined again, now for the sixth week in a row with car values down 0.27% on average and trucks decreasing 0.17%, according to Canadian Black Book’s latest update. In comparison, and for …
The Canada Emergency Wage Subsidy (CEWS) has been extended to June 2021, and changes to the rates and top-up calculations have been included. As of November 19, changes to Bill C-9: An Act to amend the Income Tax Act (Canada …
