Author name: Tom Venetis

Cion Digital announced its expansion into the Canadian market to enable auto dealers to support cryptocurrency transactions. “With almost half of Millennials now owning crypto, we are delighted to help Canadian dealers support this fast-growing market of buyers who demand more financing and purchasing options at the dealership,” said Fred Brothers, president, and co-founder of […]

AutoCanada announced that it has acquired Porsche of London and Audi Windsor located in London and Windsor, Ontario, respectively. “We’re excited about the addition of these high-quality Audi and Porsche dealerships, further expanding our platform in Ontario while adding brand diversity and increasing the mix of luxury dealerships within our overall portfolio,” said executive chairman, Paul Antony. “Notably, the acquisition expands our relationship with

Stellantis announced a $3.6 billion investment in the automaker’s Windsor and Brampton plants that looks to accelerate vertically integrated electric vehicle supply chains in North America. “Today is yet another example that our plan to build Ontario is delivering huge wins for workers and communities all over this province,” said Premier Doug Ford. “Ontario has everything

GM Canada announced that its CAMI Assembly plant in Ingersoll Ontario is being retooled for dedicated production of BrightDrop fully electric commercial delivery vans. When BrightDrop’s Zevo 600 production begins in the fourth-quarter of 2022, CAMI will become Canada’s first full-scale EV plant. BrightDrop’s Zevo 400, a smaller version of the electric van, will also be built at

Mitsubishi Motor Sales of Canada has announced the appointment of Matthew Loptson as chief financial officer and his appointment as an executive director to the company’s Board of Directors.  Loptson previously held the position of vice-president, finance and corporate and product planning. Bringing his 13 years of success within the corporation and extensive other accomplishments,

General Motors is asking its global suppliers to sign a pledge to join the company in a commitment to carbon neutrality, the development of social responsibility programs and implementation of sustainable procurement practices in their supply chain operations. By signing the Environmental, Social and Governance Partnership Pledge suppliers commit to: Achieving carbon neutrality for their

General Motors announced a feature standard in its Ultium-based EVs that captures and repurposes waste energy from the battery. Through the Ultium Platform’s energy recovery system, this waste energy can increase a vehicle’s range, reduce battery energy needed for heating, increase charging speed and even enable sportier driving. The Ultium Platform can recover and store

As the next step in Honda’s electrification strategy in North America, the company will focus on increasing hybrid volume of core models – CR-V, Accord and, in the future, Civic. Honda will introduce an all-new CR-V Hybrid this year with an all-new Accord Hybrid to follow, these hybrid offerings will eventually represent more than 50

With the debut of the Lincoln Star Concept, the automaker outlined its plans for the future of its coming electric vehicles. “This is a shining example of what happens when we combine Lincoln luxury with flexible electrical architecture to create unimaginable experiences for customers,” said Jim Farley, president and CEO, Ford Motor Company upon the

TradeRev has announced that is has named James Tani as president of TradeRev. Tani will oversee the strategic growth and development of TradeRev in addition to his current role leading Canadian sales as the executive vice-president of KAR Global dealer sales. He will report to James Coyle, chief digital officer of KAR Global. “As one