With supply rising and prices dropping, is it time to buy a new car?

With supply rising and prices dropping, is it time to buy a new car?

For the first time in years, car shoppers are having an easier time finding a deal as the auto industry bounces back from supply chain woes — and experts say the outlook could get even better. Sticker prices at dealerships have started to come down and affordability is improving, said Daniel Ross, senior manager of … Read more

Honda expected to announce multi-billion dollar deal to assemble EVs in Ontario: sources

Honda expected to announce multi-billion dollar deal to assemble EVs in Ontario: sources

Concluding what Ontario Premier Doug Ford is calling the “largest deal in Canadian history,” Honda is expected to announce later this week a multi-billion dollar commitment to build electric vehicles and their parts in Ontario, government sources have told CBC News. The senior government sources, who spoke to CBC News on condition of confidentiality because they weren’t authorized … Read more

Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

New Kia vehicles that have arrived from overseas are sitting on a storage lot in Wolverton, Ont., purposely locked up even though customers have been waiting months and months — some well over a year — to get their vehicles. The new cars are being withheld from Kia’s Ontario dealerships — and reportedly from many more … Read more