Many forces are driving electric vehicle interest much higher. Is the industry ready? I’ve always looked at the timeframe for the transition to electrified transportation through the lens of “it’s happening faster than the industry believes it will, but slower …
Since 2005, the Canadian Automobile Dealers Association (CADA) and iA Dealer Services, a leading provider of financial, consulting and training for new car and truck dealers in Canada, have partnered for the annual CADA Laureate Dealer Recognition Program. The Laureate …
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 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 …
The Russian invasion into Ukraine will further strain supplies of semiconductor chips in the United States during a period of global shortage, according to CNBC. They say both countries are “critical sources” of neon gas and palladium, which are used …
The conflict in Ukraine led to a rise in gas and diesel prices in the United Kingdom where they have now reached record highs, according to Auto Express. Simon Williams, a RAC fuel spokesman, said “Russia’s actions will now push …
Tesla reportedly plans to start working on a new manufacturing plant in Shanghai, China next month as it aims to double its production capacity in the country. “Once the new plant is fully operational, Tesla will have the capacity to …
The NHTSA is investigating approximately 1.73 million Honda Motor vehicles over reports of unexpected braking that could increase the risk of a collision. The U.S. transport safety regulator said it received 278 complaints that allege braking incidents “occurring with nothing …
Tesla CEO Elon Musk may lose a water supply contract for its German manufacturing plant. The Gigafactory continues to experience delays—another one being the possibility of losing the contract if environmental groups win a court case that challenges the automaker’s …
A recent research poll by KPMG in Canada found that 71 percent of Canadians will consider an Electric Vehicle (EV) for their next purchase and half of those who responded reported that their desire to buy an EV is “greater …
The Government of Canada has announced a $1-million investment in the Government of Yukon to support the installation of up to 200 EV chargers across the territory. The investment is funded through Natural Resources Canada’s Zero-Emission Vehicle Infrastructure Program (ZEIVP), …
