Author: Gerry Malloy

Chrysler repays Canadian and U.S. government loans

May 25, 2011

Following completion of new refinancing transactions, Chrysler Group fulfilled its promise to taxpayers and governments yesterday, repaying (US)$7.6 billion in loans from Canadian and U.S. governments, plus $1.8 billion in interest and other considerations, more than six years before they …

Nissan nabs GM/Saab veteran

May 25, 2011

Nissan Canada announced that industry veteran Michael Colleran is joining the company as regional vice-president, responsible for field sales and sales operations across the Canadian market. Colleran joins Nissan Canada from Saab Automobile AB, where he served as the president …

Saab story takes another turn

May 18, 2011

Last week, Saab appeared to have found a saviour in the Chinese car company, Hawtai, but that deal quickly went sour. This week, another Chinese white knight promises a reprieve for the long-suffering Swedish automaker. But is it enough to …

Hyundai slashes Accent pricing

May 18, 2011

Hyundai Canada announced this week that the base MSRP for the all-new 2012 Accent has been reduced by $1,100 from the outgoing model, while content and technology have been significantly increased. Pricing for the 2012 Accent begins at $13,199 for …