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Author name: Tom Venetis

Toyota Canada Foundation invests additional $600,000 in Let’s Talk Science

Toyota Canada Foundation is renewing its commitment to Let’s Talk Science for another four years with an additional $600,000 in funding focused on climate education and action. Since 2017, Toyota Canada Foundation has invested $1.1 million in Let’s Talk Science to support science, technology, engineering, and math (STEM) education for youth across Canada, regardless of

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Hyundai Motor Manufacturing Alabama to Launch First U.S. Built Santa Fe Hybrid

Hyundai Motor Manufacturing Alabama announced it will continue to grow its sport utility vehicle production capabilities later this year with the addition of the hybrid version of the Santa Fe. The Santa Fe Hybrid will join the Elantra sedan, Santa Fe and Tucson SUVs, and Santa Cruz Sport Adventure Vehicle on the Montgomery assembly line.

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TRADE X’s Auction Alliance Program Launches with Wholesale Express

TRADE X announced that it has entered into its first strategic auction alliance today with Wholesale Express, a Canadian online daily auction site that sells pre-owned cars to registered dealers in Quebec, Ontario, and Eastern Canada. Founded in 2013, Wholesale Express offers approximately 8,500+ pre-owned vehicles for sale on its platform monthly. TRADE X’s Auction Alliance

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Canadian Government Moves to Get More Canadians Into EVs

Prime Minister Justin Trudeau highlighted several key measures in the recently released budget to help Canadians move to taking on zero-emission vehicles. Several measures in the Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable include: Building a national network of electric vehicle charging stations by supporting charging infrastructure in communities of all

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CDK Global to be Acquired by Brookfield Business Partners

CDK Global has entered into a definitive agreement to be acquired by Brookfield Business Partners, for a total enterprise value of US$8.3 billion. Under the terms of the merger agreement, Brookfield will commence a tender offer to acquire all of the outstanding shares of CDK. The agreement was unanimously approved by CDK’s Board of Directors,

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Volvo Car Canada Welcomes Policaro Group to its National Retailer Network

Volvo Car Canada announced that Francesco Policaro, CEO of Policaro Group and dealer principal, Anthony Poole, general manager, and the staff at the new Volvo Cars Waterloo to the #Volvofamily Retailer Network. “We are excited to expand our operations to include our very first Volvo location,” said Francesco Policaro, CEO of Policaro Group. “We are

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Toyota Starts Canadian Production of Lexus NX Compact Luxury SUV

Toyota Motor Manufacturing Canada (TMMC) has started producing the Lexus NX and Lexus NX Hybrid compact luxury SUVs for the North American market. In 2003, TMMC became Toyota’s first facility outside of Japan entrusted to produce Lexus vehicles and has since made more than 1.5 million Lexus RX and Lexus RX Hybrid vehicles. “Being selected

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GM and Honda Will Codevelop Affordable EVs

General Motors and Honda announced plans to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. The companies are working together to enable global production of millions of EVs starting in 2027, including compact crossover vehicles, leveraging the two companies’

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