Toyota has charged up its North Carolina battery plant with a jolt of cash. The automaker announced a new investment of nearly $8 billion that it said will add some 3,000 jobs at Toyota Battery Manufacturing North Carolina. The addition boosts Toyota’s total investment to $13.9 billion, which is expected to create more than 5,000 […] [Read More]

After a contentious negotiation process culminating in a strike that only lasted hours, Canadian union Unifor has reached a tentative agreement with the last of the Detroit 3 in negotiations, Stellantis. This follows ratifying pattern agreements with both Ford Canada and General Motors. “I am proud of our members at every Stellantis facility for their […] [Read More]

OpenRoad Auto Group, British Columbia’s largest dealer group, has launched a new campaign that aims to create a “hub” where car shoppers can learn more about electric vehicles. The “Electrified” campaign launched in conjunction with Zero Emissions Day in September. The portal will include details about chargers, EV rebates, video reviews, overview of the EV […] [Read More]

Catalytic converter theft is an issue that impacts many dealerships; independent and buy-here, pay-here operators in particular. To help stores keep their vehicles in inventory with all their necessary parts, Accelerated Solutions Group on Tuesday announced deployment of its patent-pending technology, Active Cat, which is designed to enhance vehicle security and protection against catalytic converter […] [Read More]

As the Federal Reserve approaches its next opportunity to modify interest rates on Wednesday, findings from a new survey orchestrated by Santander Holdings USA perhaps reinforced perceptions already held by auto finance leaders. Santander reported on Monday that American consumers are optimistic about their futures despite mounting financial pressures. The survey results found 68% of […] [Read More]

Ravin AI, a provider of artificial intelligence-driven vehicle inspection tools, has been granted a U.S. patent for its DeepDetect car inspection system. The newly patented technology uses advanced deep learning AI algorithms to significantly enhance the accuracy of vehicle reports, fostering greater transparency among vehicle owners, service providers and businesses. The company said DeepDetect, which […] [Read More]

AutoNation’s used-car business remained challenging in the third quarter, so the publicly listed auto retailer chose to focus on sequential improvement in used- vehicle sales during its earnings call. Used-vehicle unit sales increased by 5% in the third quarter compared to the previous quarter to 72,517 units, “which would not be possible without a daily focus on vehicle sourcing,” said CEO Mike Manley He acknowledged continuing difficulty obtaining enough used inventory and highlighted AutoNation’s ... [Read More]

Many Americans are behind on vehicle maintenance such as regular oil changes and tire rotations, according to research from CARFAX. The company said information compiled from the alerts and service records of the 35 million vehicles in the CARFAX Car Care program showed 29% of those vehicles are behind on oil changes, 44% haven’t had […] [Read More]

Holman, one of the largest integrated automotive service companies in North America, has signed on as an official partner of the National Hockey League’s Philadelphia Flyers. The deal makes Holman the presenting sponsor for two of the team’s major community initiatives — Flyers Learn to Play and Next Shift: Mentoring the Next Generation of Female […] [Read More]

For the second time this month, CarGurus added a new, high-level executive. On Monday, CarGurus announced the appointment of Elisa Palazzo as its chief financial officer in a move that’s effective Dec. 4. The news surfaced a little more than a week after CarGurus named former OPENLANE and Cox Automotive executive Zach Hallowell as the […] [Read More]