Hyundai Unable to Buy Back Russian Factory: Reuters
A Reuters source confirms Hyundai Motor cannot repurchase its former Russian plant, citing the ongoing war in Ukraine. Explore the implications for the automaker's global strategy.
Category : Search result: automotive industry earnings
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.
Major Porsche Recall in Canada Affects 25,000+ Cars
Porsche has issued a significant safety recall for more than 25,000 vehicles in Canada. The recall addresses a critical issue with the rearview camera system. Learn which models are affected and what owners need to do.
Porsche Recalls 25,000+ Cars in Canada Over Camera Issue
Porsche has issued a major safety recall for over 25,000 vehicles in Canada due to a malfunctioning rearview camera system. Learn which models are affected and what owners need to do.
Project Inizio Modernizes Classic Land Rover Series III
ECD Automotive Design reveals Project Inizio, a custom Series III Land Rover with a modern LS3 V8 engine. See how classic vehicles are reimagined for today's drivers.
Major automakers recall 80,000+ vehicles in Canada
Ford, Honda, and General Motors have issued safety recalls affecting more than 80,000 vehicles in Canada. Learn which models are impacted and the potential risks involved.
Federal EV mandate future delayed until 2026
The Liberal government will announce the fate of its 2035 electric vehicle sales mandate in 2026, later than expected, as automakers push for repeal and stakeholders suggest lowering the 100% target.
Ford Recalls 270K+ EVs, Hybrids for Roll-Away Risk
Ford Motor Company issues a major safety recall for more than 270,000 electric and hybrid vehicles in the United States due to a potential roll-away risk. Learn the details and affected models.
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.
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.
Hyundai, Kia to Fix Millions of Cars in Anti-Theft Deal
Hyundai and Kia will provide free repairs to millions of vehicles in Canada and the U.S. to fix anti-theft technology under a settlement announced by Minnesota's attorney general.
Rare S&P 500 Earnings Streak Supports Bull Case
Wall Street analysts forecast a rare three-year streak of double-digit earnings growth for the S&P 500, a historical indicator of strong market returns. Discover the sectors leading the charge.
Ford Takes $19.5B Charge, Cancels Electric F-Series Truck
Ford Motor Co. announces a massive strategic pivot, taking $19.5 billion in charges as it cancels a planned electric F-Series truck and shifts focus to gas and hybrid vehicles. Read the details.
Windsor Plant Surpasses 1,000 Hires for Third Shift
Stellantis's Windsor Assembly Plant has successfully hired over 1,000 workers to staff its new third shift, marking a major jobs milestone for the region. Learn more about this economic boost.
EU's 2035 Combustion-Engine Ban Under Scrutiny
The European Union's landmark 2035 ban on new combustion-engine cars faces potential revisions. Explore the political and economic pressures shaping this critical climate policy.
Stellantis Gets Default Notice, Full Contract Released
The federal government serves Stellantis with a notice of default over a production shift to the U.S. and ends a weeks-long battle by handing an unredacted copy of the $529M funding deal to a parliamentary committee.
Tesla introduces affordable Model 3 variant in Europe
Tesla has launched a new, lower-cost version of its Model 3 sedan in Europe, expanding its market reach. Discover the details and strategic implications of this move.
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.
CIBC Hikes Dividend After Q4 Earnings Beat
CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.
New Dodge Charger Production Starts in Windsor
Official manufacturing of the 2026 SIXPACK-powered Dodge Charger Scat Pack is now underway at the Windsor Assembly Plant, boosting the facility's outlook. Read the latest.
New Dodge Charger Scat Pack Rolls Off Windsor Line
The first 2026 Dodge Charger Scat Pack has been built at the Windsor Assembly Plant. Get the details on this milestone for Canadian auto manufacturing.
Turntide Inverter Powers Dust Moto Electric Motorcycles
Turntide Technologies' Gen 6 Inverter integrated into Dust Moto's electric motorcycles, enabling full-system control in just eight weeks. Discover how this collaboration accelerates performance.
Southwestern Ontario's Auto Belt: A Tale of Two Cities
Explore the stark contrast between booming St. Thomas and struggling Ingersoll as the auto industry's electric vehicle transition reshapes Southwestern Ontario's economic landscape.
Stellantis compelled to return to Ottawa committee Thursday
Stellantis executives are required to reappear before a parliamentary committee in Ottawa on December 4, 2025. Get the latest details on this developing story.
Tesla's European Sales Slump Continues in Key Markets
Tesla's sales in major European markets like France and Germany fell sharply in November, despite rising EV demand. Norway remains a notable exception. Explore the factors behind the slump.
Nissan recalls 3,700 vehicles over software issue
Nissan announces recall of 3,700 vehicles in Canada due to software malfunction. Learn which models are affected and what owners should do next.
New truck has $13K damage from stolen catalytic converter
An Ontario man faces shocking $13,000 damage claim after catalytic converter theft from brand-new truck at dealership. Learn how to protect your vehicle from this growing crime.
Stellantis hiring 1,400 for third shift in Windsor
Stellantis announces 1,400 new jobs for a third shift at its Windsor Assembly Plant, a major boost for Ontario's automotive sector and local economy.
Hyundai recalls 5,000 vehicles for fire risk
Hyundai announces major vehicle recall due to potential fuel leaks that could cause fires. Over 5,000 vehicles affected across Canada. Learn safety details and next steps.
Chinese EVs: Canada's Political Challenge
Canada faces complex political decisions on Chinese EV imports, balancing trade relations, domestic auto industry, and US alignment. Learn about the ongoing policy dilemma.
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