Stellantis Exits Samsung Battery Venture as EV Losses Mount
Stellantis NV is exploring an exit from its U.S. battery joint venture with Samsung SDI as the automaker unwinds electric vehicle investments following significant writedowns.
Stellantis NV is exploring an exit from its U.S. battery joint venture with Samsung SDI as the automaker unwinds electric vehicle investments following significant writedowns.
A man in his 90s has died after being struck by a Ford F-150 at a Calgary intersection in late January. Police continue to investigate the fatal pedestrian collision.
A CAA-Quebec report reveals Montreal motorists paid significantly more for gasoline compared to other Quebec regions in 2025, highlighting ongoing urban fuel cost disparities.
A new KPMG survey indicates the Canadian automotive industry is experiencing a deep structural transformation, driven by technological change and shifting market demands.
Honda Motor Co. faces declining profits in Canada as Trump-era tariffs and competitive electric vehicle moves impact the Japanese automaker's North American results.
The Canadian federal government announces a $9.3 million investment in Simcoe County's automotive sector to support innovation and job creation in Ontario's manufacturing heartland.
A 57-year-old Toronto man faces stunt driving charges after Hamilton Police caught him going 178 km/h in an 80 km/h zone, resulting in vehicle impoundment and license suspension.
Analysis suggests limited Chinese EV imports pose little immediate risk to Canada's automotive sector, despite industry concerns over competition and job losses.
Auto repair shops in Windsor, Ontario report significant delays and growing backlogs in tire services, impacting local vehicle owners and businesses.
Hamilton police released body-cam footage showing a Toronto driver pulled over for extreme speeding, prompting a stern rebuke from officers about reckless driving risks.
Stellantis has sold its 49% stake in the NextStar Energy battery plant in Windsor to partner LG Energy Solution for $100, a move local officials say provides long-term operational certainty.
A 53-year-old Calgary man is dead and a 21-year-old critically injured after being struck while changing a tire on Anthony Henday Drive near Wye Road on Sunday afternoon.
The all-new 2026 Dodge Charger, manufactured in Windsor, Ontario, was prominently featured in a 30-second commercial during the Super Bowl LX halftime show, showcasing Canadian automotive excellence.
Emergency crews in London, Ontario, rescued a driver after their vehicle went over the Wellington Road Bridge and landed in Dingman Creek. The incident highlights ongoing road safety concerns.
Two individuals were transported to hospital following a significant motor vehicle collision at the intersection of St. Mary's Road and Fermor Avenue in Winnipeg on February 8, 2026.
A head-on collision in Barrie, Ontario, on Saturday resulted in serious injuries to the driver and hospitalization of a passenger, with emergency services responding to the scene.
A single-vehicle crash in Barrie, Ontario, resulted in a rollover after the vehicle struck a snowbank. Fortunately, all occupants emerged without injuries, highlighting winter driving hazards.
A driver in Barrie, Ontario, was charged and hospitalized following a single-vehicle rollover crash caused by striking a snowbank. The incident occurred on February 6, 2026, highlighting winter driving hazards.
Canadian drivers face increasingly blinding headlights as LED technology advances, with experts highlighting regulatory gaps and calls for federal action to address glare and safety concerns.
A Surrey man's high-speed demonstration for visiting relatives on the Alex Fraser Bridge resulted in vehicle impoundment and fines exceeding $2,500 after being clocked at 197 km/h in a 70 km/h zone.
Global automaker Stellantis sells its 49% stake in Ontario's Nexstar battery plant for just US$100, marking a near-total write-down of its original $980M investment as EV market shifts.
A Lamborghini SUV was impounded for seven days after being caught travelling nearly three times the speed limit in Metro Vancouver, with police releasing the driver and passengers to family.
A GMC Sierra pickup truck in Kitchener sustained damage during an unsuccessful theft attempt. Local authorities are investigating the incident, which highlights ongoing vehicle security concerns in the region.
Automaker Stellantis sells its 49% share in the NextStar Energy battery plant in Windsor to partner LG Energy Solutions, amid EV market shifts and government policy changes.
Ontario Provincial Police are investigating a case in Kitchener where a vehicle was intentionally damaged to lower its market value before a sale, highlighting concerns over fraud in used car transactions.
Prime Minister Mark Carney announces Canada's new automotive strategy, diverging from U.S. policies on electric vehicles with consumer rebates and infrastructure investments.
Foreign Affairs Minister Mélanie Joly will outline Canada's new automotive sector strategy during a key stop in Guelph, Ontario, focusing on innovation and economic growth.
LG Energy Solution acquires Stellantis' 49% stake in the NextStar EV battery plant in Windsor, following U.S. tariffs and new Canadian auto investment agreements.
Stellantis has sold its ownership share in the NextStar Energy battery manufacturing facility in Windsor, Ontario, to its joint venture partner, marking a strategic shift in the automotive giant's investment portfolio.
Stellantis announces massive €22 billion charges to reverse its electric vehicle strategy and exits a joint battery venture in Ontario, causing shares to plummet.