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The Detroit Three are expected to lose ground to Asian rivals when they report third-quarter U.S. sales this week, according to experts, as soaring gasoline prices due to the Iran war push buyers towards hybrids and more fuel-efficient models.
BMW set out a restructuring plan on Wednesday centred on AI, management cuts and two new model launches as the German luxury automaker seeks to restore investor confidence after a string of profit warnings and a deep slump in its share price.
AutoCanada Inc. is launching a strategic review of its collision repair business.
Thousands of Volkswagen vehicles are being recalled in Canada due to a defective screw that could cause a steering problem.
The Trump administration on Monday released new fuel economy standards that relax regulatory requirements for automakers to control pollution from gasoline-powered cars and light trucks.
Ontario Premier Doug Ford said Friday he is not worried about a two-year delay in the opening of a massive Volkswagen electric vehicle battery plant in southwestern Ontario.
Production of Ford Motor’s best-selling F-150 pickup truck has been halted for nearly a week at a Detroit-area plant, according to a memo viewed by Reuters.
On Wednesday, Geely Auto unveiled technology that can charge an electric vehicle battery from 10 per cent to 70 per cent in just 4.5 minutes, a leap analysts called a significant development for the Chinese auto group.
General Motors and Ford Motor have lost more market share in the United States than any other automakers so far this year as buyers prioritize fuel efficiency amid high gas prices, an industry forecast shows.
Ford is recalling more than 50,000 F-150 vehicles due to an issue with its fuel system.
The Government of Alberta is suspending provincial fuel taxes until the end of the year.
William Grice of Cobourg, Ont., wanted to buy a heavy-duty pickup truck to one day pull a travel trailer across Canada.
Major automakers, suppliers and dealers on Friday urged U.S. President Donald Trump to keep Chinese automakers out of the U.S. market, ahead of his meeting with China’s President Xi Jinping next week.
Volkswagen on Friday flagged US$11.5 billion in one-off costs, mostly at struggling sports car brand Porsche, deepening a crisis at the automaker.
Volkswagen Canada is recalling thousands of vehicles due to an issue that could leave drivers unable to steer and may “create a risk of a crash.”
Unifor national president Lana Payne is warning that Stellantis is “100 per cent serious” about exiting its Brampton assembly plant and she is asking Ottawa to step in and prevent its sale to Canadian armoured vehicle maker Roshel.
