Recent Stories
More of Canada's used cars are flowing into U.S.

J.D. Power estimates that the flow of vehicles from the north has increased because of microchip inventory shortages.
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Michigan's Eitel Dahm Motor Group sold to Canada's Rafih Auto

Rafih CEO Terry Rafih said he previously had a deal in the works for the Eitel Dahm stores in suburban Detroit just before the COVID-19 pandemic struck.
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Magna more than doubles Q1 net income, improves 2021 forecast

Magna's rising outlook reflects its growing business in China, where the automaker anticipates light-vehicle production of 24.7 million units in 2021, up from a previous estimate of 24 million.
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Martinrea and Montreal battery company form joint venture

The deal comes as Canada looks to position itself as an EV manufacturing hub, with recent announcements by the Detroit 3 to build electric vehicles in the country.
Canada seeks to be a one-stop shop for battery manufacturing.
Canada envisions an EV battery corridor

Behind the scenes, officials are pursuing the idea of creating an integrated North American hub.
U.S., Canadian execs lobby for USMCA relief

Auto executives on both sides of the border are asking President Joe Biden's administration to alter his predecessor's stringent interpretation of North American trade provisions.
CAMI Assembly plans to start building electric vans this year for BrightDrop.
How incentives revived Ontario

New multibillion dollar investment plans by the Detroit 3, combined with government incentives, show that Canada's global profile in the auto industry is on the rise.
Canadian dealers have Lone Star in their eyes

Texas, home of some of North America's largest and fastest-growing cities, is attracting acquisitions by retailers north of the border.
Magna reported fourth-quarter earnings on Friday.
Magna net income surges 68% in Q4 on better-than-expected vehicle production

The Canadian supplier reported net income of $738 million for the quarter ended Dec. 31, compared with $440 million a year earlier. Revenue rose 12 percent to $10.57 billion.
Toyota, Lyft partner to provide Mirai rentals to Vancouver-area drivers

Twenty-four Mirais will be made available to Lyft drivers through Kinto Share, Toyota’s new vehicle-rental program.
GM, Unifor go from strife to ‘right solutions’

Since November GM and Unifor have agreed to new contracts that include up to $1.8 billion in new investments in the automaker's Canadian assembly plants.
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Ford Oakville to build electric version of Lincoln Corsair, auto forecaster says

According to AutoForecast Solutions LLC, the vehicle will be known as the Corsair-E and will be built on a dedicated EV platform. Production is projected to start in September 2026.
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Unifor ratifies GM deal that includes $787M retool for electric van production

Members of the Canadian union ratified a three-year contract that includes the commitment for CAMI Assembly in Ingersoll, Ontario, to begin building all-electric delivery vans later this year.
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GM's $787 million Canada plan calls for EV600 output start in November, Equinox end in 2023

GM is eager to begin assembly of the EV600 as part of its new BrightDrop commercial EV business, which was unveiled during CES last week. FedEx Express will be the first customer for the electric van, with GM planning to build 500 units.
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Magna's Walker sparked Canada auto industry

Don Walker stirred the Canadian auto industry in his long tenure leading Magna. Will he stay in the business?