New-vehicle sales in Canada remained strong in April, following a record-setting March. Overall sales of 159,942 vehicles were up 6.9 percent from April 2010 and, for the second month in a row, the seasonally adjusted annual sales rate (SAAR) topped …
Robert C. Stempel, CEO of General Motors from 1990 to 1992, died on May 7 at the age of 77. A 34-year GM veteran and acknowledged “car guy,” Stempel was ousted from his chairman’s job by what has since been …
Services and relationship building are now more influential than product offerings in determining dealer satisfaction with lenders, according to J.D. Power and Associates’ 2011 Canadian Dealer Financing Satisfaction study, which ranks Scotiabank tops for floor-planning and BMW Financial Services highest …
Effective this week, participating Chevrolet dealers in seven key launch markets across Canada have begun taking orders for the electric-drive 2012 Chevrolet Volt. Initial experience in the U.S. suggests that the Volt is highly effective in attracting new customers to …
The Nissan LEAF electric car was declared the 2011 World Car of the Year at a press conference held on April 21, during media previews at the New York International Auto Show. At the same time, winners of the World …
As the overall economy continues to improve, so does the availability of credit. And as it does, the competition among lenders naturally heats up. All of which means that some new and interesting financing options are becoming available. Scotiabank adds …
And we no longer operate in a closed, automotive-only environment A very few years ago, people in the industry were joking that the car would soon become little more than a mobile platform for the newest electronic gadgetry. It’s no …
With two international auto shows, New York and Shanghai, overlapping each other – the last of the major shows until fall – the industry is deluged with new product launches this week. Given their global reach, many of those vehicles …
Almost three weeks after a hurricane and tsunami devastated Japan, much of the nation’s auto industry remains shut down and the resulting disruption in the critical global parts supply chain is beginning to impact automakers in the rest of the …
For the second-month in a row, Hyundai’s high-styled new Elantra was the top-selling car model in Canada in February, while Volkswagen’s new Jetta continued its advance on the sales charts. Ford’s F-150 remained atop the truck charts with the Dodge …
Lincoln led the overall nameplate rankings in the J.D. Power and Associates 2011 U.S. Vehicle Dependability Study (VDS), released last week, while Toyota (including Lexus and Scion) claimed more segment awards than any other automaker. Following Lincoln, completing the top …
A wide-ranging outline of Toyota’s ‘Global Vision’ for the future, presented last week by Toyota Motor Corporation president, Akio Toyoda, revealed that the company plans to add about 10 more hybrids to its portfolio by 2015, as well as continue …
