Magna’s Profits Jump 26% Even as North American Vehicle Production Falls 5%
The Canadian automotive industry is facing an uncomfortable contradiction: fewer vehicles are rolling off North American assembly lines, yet one
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Canadian Auto-Parts Wholesalers Reverse Seven-Month Run as Dealerships Help Drive Retail Rebound
Canada’s automotive sector delivered two contrasting signals in August 2026, highlighting the uneven pressures facing manufacturers, distributors, and dealerships. New
Audi’s Electric-Vehicle Deliveries Plunge 88% in North America as Luxury Brand Cuts Forecast
An 88% collapse in electric-vehicle deliveries is not the kind of slowdown a luxury automaker can easily dismiss. On October
Ottawa Demands Stelco Recall Workers Immediately as 500 Hamilton Jobs Hang in the Balance
The fight over Stelco’s future has reached a critical point, with Ottawa demanding the immediate return of laid-off steelworkers and
Trump Says Canada Is Treating U.S. ‘Extremely Nicely’ as Auto Tariffs Remain in Place
Donald Trump has struck a surprisingly cordial note about Canada at a moment when the country’s auto industry remains under
BMO Transfers C$11 Billion in Transportation Loans as C$14.5 Billion Financing Sale Closes
A major piece of North America’s commercial lending market has changed hands. On October 29, 2026, BMO Financial Group confirmed
Rivian Reports Record 19,248 Deliveries as R2 Demand Surges—Canadian Buyers Still Waiting Until 2027
Rivian has reached a major turning point in its electric vehicle expansion, reporting a record 19,248 vehicle deliveries in the
Ontario Proposes 100% Tax Writeoff for Certain Canadian-Built Vehicles—But Not Every Car Qualifies
Ontario is proposing a significant tax change that could make buying a Canadian-built vehicle more attractive for businesses. Under the
Volkswagen Posts €5.9 Billion Quarterly Loss — and Its $7 Billion Ontario Battery Plant Is Already Delayed
Volkswagen’s latest financial results have sent a warning well beyond Germany. On October 29, 2026, the automotive giant reported a