Canadians want affordable cars built at home: survey
A new survey reveals Canadian consumers prioritize affordability and domestic manufacturing when buying a car. Discover what this means for the auto industry and local jobs.
Category : Search result: auto loan defaults Canada
Poll: 72% of Canadians Want Vehicles Built in Canada
A new KPMG survey finds 72% of Canadians say it's important their next vehicle is assembled in Canada, citing economic impact and trade concerns. Discover the full consumer sentiment shift.
Hyundai Cuts Ties with Russia, Won't Repurchase Plant
South Korea's Hyundai Motor permanently severs its Russian operations, citing the ongoing war in Ukraine. The automaker confirms it will not repurchase its former St. Petersburg plant. Learn the details of this major business exit.
ECD Auto Design Announces Expanded 2026 Product Lineup
Florida's ECD Auto Design reveals its 2026 roadmap, expanding boutique heritage programs for BMW, Jaguar, Porsche, and Mustang, plus a new dual-line strategy for classic SUVs. Discover the future of bespoke luxury vehicles.
U.S. probes Tesla door unlocking issues after accidents
U.S. authorities are investigating reports of difficulty unlocking Tesla doors after accidents, raising critical safety concerns. Read the latest on the probe.
U.S. probes Tesla Model 3 emergency door release
U.S. auto safety regulators have opened an investigation into the emergency door release system on Tesla Model 3 vehicles. The probe, announced December 24, 2025, examines potential safety risks.
Windsor auto worker wins $100,000 on PLINKO ticket
A Windsor auto worker is celebrating a $100,000 windfall after playing an instant PLINKO scratch ticket. Discover his story and the lucky details.
Manitoba Drivers' Wild Insurance Fraud Attempts in 2025
Manitoba saw brazen insurance fraud attempts in 2025, including a Winnipeg arson gone wrong and a vehicle reported stolen while en route to Dubai. Authorities detail the schemes.
2026 Nissan Pathfinder Returns to Canada, Prices to Rise
The 2026 Nissan Pathfinder SUV is returning to Canada this spring after a tariff-related hiatus. Expect new tech and a higher price tag due to 25% duties on U.S.-built vehicles. Get the full details.
Car window shatters spontaneously in Quebec cold
A Saint-Lazare woman's car rear window shattered after she turned on the defroster. Experts warn of thermal stress risks in extreme cold. Read the full story.
N.B. Auto Parts Store Loses $20K in Break-In
Napa Auto Parts in Petitcodiac, N.B., was burglarized on Nov. 20, 2025, suffering significant losses. Police are investigating the incident that highlights local business security concerns.
Sinking Property Values Raise Red Flags for Mortgage Holders
Robert McLister warns that declining real estate prices may restrict renewal and refinancing options for many Canadians in the coming years, especially those who bought near the peak.
EU leaders agree on €90 billion loan for Ukraine
European Union leaders have finalized a massive €90 billion loan package for Ukraine, providing crucial financial support amid the ongoing war. Details inside.
EU leaders work overnight on Ukraine loan, Belgian security fears
European Union leaders worked late into the night on December 18, 2025, to address Belgium's concerns about potential Russian retaliation over a planned loan to Ukraine. The talks highlight ongoing tensions.
Ford's EV losses highlight Canada's auto sector challenges
Ford's latest financial losses underscore the mounting pressures facing Canada's electric vehicle industry, as policy shifts and market realities force strategic pullbacks. Explore the implications for Ontario's manufacturing heartland.
GTA Auto Theft Ring Busted, 20 Arrested, 300 Cars Recovered
A two-year joint investigation by OPP and CBSA has dismantled a major criminal organization exporting stolen luxury SUVs from the GTA. Over 300 vehicles worth $25M recovered, 20 individuals charged. Read the full story.
306 stolen vehicles recovered in international probe
A massive joint investigation by the OPP and CBSA has led to the recovery of 306 stolen vehicles destined for overseas markets. Discover the details of this sprawling international auto-theft probe.
EU Modifies 2035 Ban on Gas and Diesel Cars
The European Union adjusts its 2035 internal combustion engine phase-out, offering flexibility to automakers. Get the latest details on the policy shift and its global implications.
Ontario woman loses $4,000 to job scam
An Ontario woman was defrauded of $4,000 in an advance fee loan scam. Police warn job seekers about fake offers involving stolen goods or money laundering.
$1B in B.C. loan guarantees needed after Cowichan ruling
A property tax expert warns the B.C. government's $150M loan guarantee promise falls far short of the potential $1B needed to backstop financing after the Cowichan Aboriginal title decision. Read the full analysis.
GM CAMI layoffs hit 1,200 workers before holidays
Over 1,200 workers at GM's CAMI plant in Ingersoll face a devastating holiday season as layoffs force tough decisions. Couples at the plant are hit with a 'double' financial blow.
Algoma Layoffs: Gov'ts Knew Before $500M Loan
The federal and Ontario governments kept taxpayers in the dark about impending Algoma Steel layoffs when issuing $500M in loan guarantees. This lack of transparency raises serious questions.
Algoma Steel loan about 'saving the furniture': Hajdu
Jobs Minister Patty Hajdu defends a federal loan to Algoma Steel, framing it as crucial for preserving jobs and industrial capacity in Sault Ste. Marie. Get the details on the government's intervention.
Jobs Minister Patty Hajdu defends Algoma Steel loan
Federal Jobs Minister Patty Hajdu explains the $150 million loan to Algoma Steel as essential to 'save the furniture' and protect jobs in Sault Ste. Marie. Get the details on this critical intervention.
Netflix's $59B Loan for Warner Bros. Deal Among Largest Ever
Netflix lines up a historic $59 billion bridge loan from major banks to finance its $72 billion acquisition of Warner Bros. Discovery, marking a major return of mega-deals. Read the details.
Canadiens, Jets to play 2026 Heritage Classic in Winnipeg
The Montreal Canadiens and Winnipeg Jets will meet in the 2026 NHL Heritage Classic at Princess Auto Stadium on Oct. 25, 2026. Get all the details on this historic outdoor hockey event.
Canada issues default notice to Stellantis over U.S. shift
Industry Minister Mélanie Joly confirms Stellantis received a formal notice of default following its decision to move production out of Canada. Get the latest on the government's response.
Stellantis CEO Makes Hybrids Top U.S. Priority
Stellantis CEO announces hybrid vehicles are a top priority for the U.S. market. Get the latest on the automaker's strategy shift and what it means for North American consumers.
Canadian Auto Loan Defaults Rise Sharply Amid Affordability Crisis
More Canadians are defaulting on car loans, with young and older borrowers hit hardest. High prices, long loan terms, and rising costs create a perfect storm for consumers and lenders. Read the full analysis.
Algoma Steel CEO says governments knew of layoff plans
Algoma Steel's CEO reveals both federal and provincial governments were aware of impending layoffs before approving a $500 million taxpayer loan. Details on the Sault Ste. Marie job cuts.
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