Author name: Tom Venetis

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 […]

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

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.

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

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

At the recent Environment, Social and Governance Conference Mercedes-Benz announced measures aimed at cutting CO2 emissions. “The desire for individual mobility keeps growing. Our mission is to meet this need in a sustainable way. Mercedes-Benz has a clear roadmap how to become carbon-neutral. By 2030, we want to reach the half-way mark. In order to make

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,

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

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

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’