Tesla is now the world’s most valuable car company, overtaking Toyota after its stock reached a new record high, and a valuation of more than $208 billion. “Tesla’s stock has surged 17% this week alone, on Monday closing above $1,000 …
Volvo has recalled 2.18 million vehicles globally for defective seat belts. “The defect relates to a steel cable used in the front seat belt assembly that may fatigue and weaken over time, resulting in reduced restraint function of the seat …
It has been a busy week since Canadian Black Book’s latest COVID-19 Auto Industry Update was released, and there have been a lot of downs since last week. But there has also been some noteworthy improvement. On the down side …
Manheim Canada has introduced a vehicle disinfection service so that vehicles sold through Manheim Simulcast auctions are treated with a disinfectant solution to reduce the risk of customers being exposed to COVID-19. The announcement was made on June 29 and …
Infiniti announced the launch of a new program that will allow customers of the brand to customize the entire new vehicle shopping process to fit their needs and convenience. Known as Infiniti Now, the program ensures customers can shop online …
BMW has announced its support for Digital Key for iPhone, which will enable customers to use their iPhone as a digital car key to lock, unlock, drive and share with their friends. The announcement, made during an Apple Worldwide Developer …
Four in 10 Canadians plan to take a road trip this summer as the pandemic has changed vacation plans for the majority of people (74%), with day trips and family visits among the most popular options. That is the latest …
Canadian auto dealer editor Todd Phillips interviews Brett Morris, Chairman/Co-founder at Perception Group, about a new tech platform that helps dealers better predict which candidates will be successful based on data and analytics. (Source: Canadian auto dealer) Watch the video…
The Trump administration is reportedly considering imposing tariffs on aluminum imports from Canada. “We have heard, obviously, the musings and proposals from the United States that perhaps there needs to be more tariffs on aluminum,” said Canadian Prime Minister Justin …
Japanese automakers experienced a difficult month in May, with global sales declining 38 per cent during this period as many factories and dealerships remained closed due to COVID-19 lockdowns. “Many countries have been easing their lockdown measures, but industry experts …
Some new Ford customers will be permitted to return their vehicles if they lose their job amid COVID-19, according to The Detroit News. It’s part of a new program the OEM rolled out, which allows customers who lease or purchase …
The annual Woodward Dream Cruise is among the latest automotive events to be officially canceled due to concerns over the COVID-19 pandemic. “While we are deeply saddened by the tough decision to cancel the 26th annual Woodward Dream Cruise, we …
