Author name: Tom Venetis

General Motors announced to its St. Catharines, Ontario workforce that, subject to completing support agreements with federal and Ontario government partners, the company plans to invest at the plant to manufacture new Ultium electric drive units for GM’s growing electric vehicle lineup. This investment plan would be expected to support around 500 jobs at the […]

In a speech to key Canadian auto industry stakeholders, Toyota Canada president and CEO Larry Hutchinson reiterated Toyota’s global commitment to reduce carbon emissions, but disagreed with the federal government’s currently proposed approach, which prioritizes zero emission vehicle sales instead of addressing the need for GHG emission reductions across the total vehicle fleet. On behalf

Canadian Black Book announced the promotion of Daniel Ross to the position of Senior Manager Industry Insights and Residual Value Strategy. His new responsibilities will revolve around representing CBB to the industry and media, though providing his expert insights while building the business development portfolio, supporting the sales team and various CBB partners. Since his

As many as six in 10 Canadians will buy a new vehicle within the next five years and would prefer a greener alternative to carbon-emitting gasoline-powered vehicles. But most will end up settling for a gas-powered one instead of electric due to higher financing costs, delays in delivery, and concerns over battery range and charging

Hyundai Motor America is launching a connected car services program called Bluelink+. All services included in the previous Bluelink Connected Care, Remote and Guidance subscription packages are now offered complimentary on a non-trial basis for new buyers with Bluelink+ (4G LTE network and technology dependent). Bluelink+ is launching with the new 2023 IONIQ 6 and on

The J.D. Power 2023 U.S. Vehicle Dependability Study (VDS) finds a an industry average of 186 problems per 100 (PP100) vehicles, an improvement of six PP100 from 2022. The study examines how 2020 model-year vehicles are currently performing in terms of quality, component replacement and appeal—including those vehicles with new technology—and helps automotive manufacturers design

Kia Canada announced that there will be a special edition model of its popular Stinger: The Stinger Tribute Edition. With an exclusive 1,000 units of this model to be built globally, the Tribute Edition pays homage to everything the vehicle has done for the brand. At its inception, it was designed as a true gran turismo that

VinFast is consolidating its Canadian and U.S. strategic business and management operations into a single unit, to be called, VinFast North America. The move is expected to drive increased efficiency in the use and allocation of resources, while improving VinFast’s operational and financial performance. VinFast North America will house the key strategic business and management operations

Go Auto announced it has acquired Mercedes-Benz of Bellingham and Toyota of Bellingham in the U.S. – its first acquisitions outside Canada. Phil Abram, president of Go Auto said: “We are excited to build on the success of Mercedes-Benz of Bellingham and Toyota of Bellingham and work towards establishing a Go Auto network across North America. Our passion for business extends into the communities we

For a second consecutive year, Toyota and Lexus are the top make-level performing brands in their respective segments, according to the J.D. Power 2023 Canada ALG Residual Value Awards, announced today. ALG is the division of J.D. Power known as the industry benchmark of automotive residual value projections. The J.D. Power Canada ALG Residual Value