Carvana's leadership said expanding ADESA reconditioning sites and building new facilities will help the retailer reach its goal of selling 3 million vehicles annually by 2030 to 2035.

The four-year contract, with sizable raises and bonuses, will cover about 3,200 workers and take effect Feb. 23. The UAW said 96 percent of workers who voted agreed to ratify the pact.

After eliminating hundreds of jobs at the plant in January, the automaker said the added spending underscores the Oshawa Assembly Plant's "critical role" in its pickup assembly portfolio. Europe, ...

Stellantis has set a high bar for its U.S. dealers with its goal of growing retail sales by 25 percent in 2026.

The National Automobile Dealers Association and American Financial Services Association have called for negative equity interest to be tax deductible, too.

GM has reduced its inventory levels by as much as 40 percent since the pandemic, which executives said will help with profitability during a downturn.

The Saskatoon-based group whose portfolio spans automotive, motorcycles and powersports now has more than 30 locations across the Prairies.

ZEV adoption reached its highest level of 2025 in December, though uptake remained well below highs reached at the end of 2024.

While the 2026 B.C. budget includes money for EV charging infrastructure, the the New Car Dealers Association of B.C. says it needs to be expanded significantly to support widespread EV adoption.

Renault's operating margin fell to 6.3 percent in 2025 and is expected to drop to 5.5 percent in 2026 as Chinese brands and European rivals squeeze prices in its core markets.

Mindt, who will succeed Michael Mauer, has overseen a modernization of VW brand’s styling direction, addressing perceived missteps from the early phase of the ID electric car era.

GM has reduced its inventory levels by as much as 40 percent since the pandemic, which executives said will help with profitability during a downturn.