Corporate Decision: Ford Canada withdrawing from all Canadian auto shows

Toronto, Ontario — Ford Canada will be withdrawing corporate support from all Canadian auto shows in 2023, citing a change in business strategy. “As the auto industry experiences change at a pace never seen before, Ford of Canada is transforming every part of its business,” company spokeswoman Lauren More said in an email to Automotive […]

Outsourced Care: GM dealers repaired more than 11,000 Teslas in 2021

Michigan, United States — General Motors (GM) is proud to announce that its dealerships have added a new service to their portfolio—Tesla repairs. On Nov. 17 during the Detroit automaker’s Investor Day, GM president, Mark Reuss announced to investors that Tesla repairs have become a growing segment of the business, with more than 11,000 Teslas […]

Tuesday Ticker: Tesla tops Toyota’s Q3 profits; Carvana e-commerce share price slashed

Toronto, Ontario ⁠— In this weekly financial-watch report, Tesla’s Q3 results are compared with Toyota’s and e-commerce platform Caravana sees its share price cut in half.  Tesla tops Toyota Tesla could have earned eight times as much per vehicle as Toyota in Q3, reports Asian newspaper Nikkei.  A report from Electrek claims Toyota delivered eight […]

Tuesday Ticker: AutoCanada marks ‘record-setting’ quarter; Toyota teases new Prius, despite low model sales

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, AutoCanada reports its Q3 financial results, adding more than $45 million in acquisitions to its portfolio. Meanwhile, Toyota teases the fifth-generation Prius amid decreasing global sales numbers, and Volkswagen crosses a finish line far earlier than planned.  ‘Another record-setting quarter’ AutoCanada reported financial results last Wednesday, marking […]

Budget Flights: Driver suspends car mid-air after making ‘poor turn’

Burlington, Ontario — Officers from the Ontario Provincial Police (OPP) were presumably bemused yet terrified, after responding to calls reporting a car floating in mid-air. This turned out to be a car caught on wire rather than a ritual gone wrong. “…the inexperienced (driver) was not practicing #MagicTricks, and got caught up on a wire […]

Still Growing: AutoCanada acquires two luxury collision centres in the Greater Toronto Area

Scarborough, Ontario — AutoCanada has acquired Excellence Auto Collision Silver Star and Excellence Auto Collision Midwest, two luxury collision centres east of the Greater Toronto Area. Excellence Auto has provided collision repair services to Scarborough and the Greater Toronto Area for more than 30 years, maintaining certifications with Tesla, Mercedes-Benz, Porsche, Audi, BMW, Mini, Lucid, […]

Bigger and Better: SEMA 2023 to debut citywide SEMA Week

Las Vegas, Nevada — On the last day of the 2022 show, SEMA announced plans to expand the show into a full-week, citywide celebration of all things automotive, complimenting the ongoing, exclusive trade show. Representatives explained that SEMA Week would be the beginning and culmination of a five-year vision to expand the show into an […]

Spontaneous Heating: NHTSA recalls 2016-2018 Hyundai Santa Fe SUVs for engine fire risk

Washington, D.C., United States – On Tuesday, the NHTSA has placed a recall on 2016-2018 Hyundai Santa Fe Sport SUVs, citing malfunctioning anti-lock brake systems that could create electrical shorts and engine fires while parked or driving. While Transport Canada has not recalled the 2016 Hyundai Santa Fe Sport SUV, it previously recalled 2017-2019 Santa […]