AutoSector.com ®

Manufacturing

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 […]

Canadian Government Moves to Get More Canadians Into EVs Read More »

Volkswagen named the best automotive brand in YouGov survey

Volkswagen has been recognised as the UK’s best automotive brand in YouGov’s Automotive & Mobility Ranking 2022. The ranking uses data from YouGov’s BrandIndex platform, which measures consumer perceptions towards brands daily. Volkswagen recorded an Index Score of 21.7, ahead of Ford (21.5) and Mercedes-Benz (21.5). Other brands also featured in the top 10 include

Volkswagen named the best automotive brand in YouGov survey Read More »

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,

CDK Global to be Acquired by Brookfield Business Partners Read More »

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

Volvo Car Canada Welcomes Policaro Group to its National Retailer Network Read More »

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

Toyota Starts Canadian Production of Lexus NX Compact Luxury SUV Read More »

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’

GM and Honda Will Codevelop Affordable EVs Read More »

GM Canada Electric Vehicle Production in Ontario by the End of 2022

GM Canada announced it will start production at Canada’s first full-scale electric-vehicle manufacturing plant in Ingersoll, Ontario later this year. In addition, at Oshawa Assembly, GM Canada will add light-duty pickup production and a third shift, creating more than 2,600 new jobs since operations resumed at the plant. Together with the federal and Ontario governments,

GM Canada Electric Vehicle Production in Ontario by the End of 2022 Read More »

Policaro Group Expands Luxury Operations in Southern Ontario

Policaro Group announced the acquisition of Jaguar Waterloo, Land Rover Waterloo, and Volvo Cars Waterloo expanding the group’s operations in the region. “Policaro Group’s 40 plus year history is marked by our commitment to redefining the automotive experience. We are thrilled to showcase this commitment to Jaguar, Land Rover and Volvo customers and enthusiasts in the Waterloo region,” said

Policaro Group Expands Luxury Operations in Southern Ontario Read More »