The potential of tariffs on Chinese electric vehicle imports is being welcomed by the Canadian head of General Motors as major producer BYD looks to enter the market. “We’re encouraged by the government’s examination of these issues,” said Kristian Aquilina, president of GM Canada. “Because on the basis of strong competition, a fair playing field, … Read more
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
Swedish EV battery manufacturer Northvolt says construction on its $7-billion plant on Montreal’s South Shore will continue, even as the company undergoes a “strategic review” of its activities. The review comes as global demand for electric vehicles has slowed, with both Ford and General Motors saying they would scale back their production of electric vehicles. … Read more
Car dealerships in North America continue to wrestle with major disruptions that started last week with cyberattacks on a software company used widely in the auto retail sales sector. CDK Global, a company that provides software for thousands of auto dealers in Canada and the U.S., was hit by back-to-back cyberattacks Wednesday. That led to … Read more
A small city nestled in southern Ontario’s Niagara Region will be home to a new $1.6-billion electric vehicle (EV) battery plant that was officially announced Tuesday. Prime Minister Justin Trudeau and Ontario Premier Doug Ford were among politicians in Port Colborne to speak about the investment by Japanese company Asahi Kasei Corp. Mayor Bill Steele said Asahi … Read more
The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67 per cent by 2032 to as little as 35 per cent after industry and autoworker backlash in the political battleground state of Michigan. The Environmental Protection Agency (EPA) instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom … Read more
Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Shares of the rental company, which also operates vehicles from Swedish EV maker Polestar among others, fell about four per cent. Tesla’s stock was down about … Read more
Automakers are set to get a jolt Tuesday when Ottawa unveils its promised electric vehicle regulations. CBC News has learned that Ottawa will release final regulations it says will ensure that all new passenger cars sold in Canada by 2035 are zero-emission vehicles, a senior government source said. The source — who was not authorized to speak publicly — … Read more
