Automotive News Canada | The latest on the Canadian auto …
WEBThe dealership group, which signaled during its earnings call in August that it would explore the sale of “non-profitable and non-core assets,” said on Sept. 10 that the “strategic divestiture” of Airdrie Chrysler-Dodge-Jeep-Ram and Ponoka Chrysler-Dodge-Jeep-Ram is the first move in its “realignment.”
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The Canadian auto industry year in review
WEBDec 29, 2023 · — Volkswagen and its battery subsidiary Power Co. pick St. Thomas, Ont., as the site of a massive battery manufacturing facility, ending months of speculation. Financial details weren’t disclosed, but François-Philippe Champagne, Canada’s minister of innovation, science and industry, told reporters the plant would be “the largest single investment” in Canadian automotive history.
Stellantis replacing Dodge Durango with Stealth SUV built in Ont ...
WEB1 day ago · Stellantis plans to replace the Dodge Durango utility vehicle with a smaller product called the Stealth to be assembled in Windsor, Ont., said a U.S. auto forecaster.. Sam Fiorani, vice-president of global forecasting at AutoForecast Solutions in Pennsylvania, said Stellantis will end Durango production in July 2027 at the Detroit Assembly Complex where the Jeep Grand Cherokee also is produced.
2022 Year in Review | Automotive News Canada
WEBDec 28, 2022 · The second quarter of 2022 was billed as a wild ride, with a handful of dealers and automakers making sales gains, but the majority seeing sales plummet. Sales by Stellantis — officially FCA Canada —grew 16.6 per cent to 47,184 vehicles during the quarter, while Honda Canada sales crashed 37.5 per cent to 26,583 vehicles.
Canadian auto sales top 1.7 million, see 'return of normality' in 2023
WEBJan 5, 2024 · Canadian new vehicle sales in 2023 rebounded to 1.7 million, according to the Automotive News Research & Data Center in Detroit.. That total comes close to nearly “normal” pre-pandemic levels. And, analysts and insiders say 2024 will be even closer to volumes not seen since 2019, the year before the COVID-19 pandemic arrived and wreaked havoc on the industry.
Japanese automakers rush to catch up on EVs | Automotive News …
WEB6 days ago · The automaker, which expects to derive 25 to 40 per cent of its global sales from EVs in 2030, wants additional volume of 6.5 GWh a year by 2030. The new investment is expected to reach the equivalent of Cdn $778 million with a maximum subsidy of about $265 million. — Freelance news assistant Naoto Okamura contributed to this report.
5 Canadian EV, battery tech projects to get part of $13.5M in …
WEBAug 13, 2024 · Five electric-vehicle technology projects at Canadian manufacturers will get off the ground this fall with support from Next Generation Manufacturing Canada.. The federally backed organization tasked with cultivating homegrown manufacturing breakthroughs said Aug. 13 that it will dedicate $13.5 million from its latest tranche of program funding to the research work.
2021: The Year in Review - Automotive News Canada
WEBDec 28, 2021 · The year began and ended with the Canadian auto industry still in the grips of the COVID-19 pandemic. From plant shutdowns and microchip shortages, to soaring used-car prices and consumers hoarding cash, the virus continued to dominate headlines. As the year went on, however, slivers of optimism began …
EVs gain a little traction in Canada ahead of new model choices
WEBMay 20, 2021 · TORONTO — Electric vehicles gained a little traction last year in Canada but a bigger boost could follow the introduction of new models including Ford's F-150 Lightning pickup, which was officially unveiled Wednesday. DesRosiers Automotive Consultants says zero-emission vehicles accounted …
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