AutoCanada Inc., the only publicly-listed dealership group in Canada, is looking to eastern Canada, particularly Ontario, for dealership acquisitions as the economy in western Canada continu... Read more

Toyota Motor Corp. is investing $1 billion to create a Silicon Valley subsidiary focused on artificial intelligence and robotics, reports USA Today here: Share this articleLinkedinFacebookTw... Read more

Hyundai Motor Co. has confirmed it will launch a separate Genesis luxury brand targeting young, upscale consumers, and that the brand will initially offer two rear wheel-drive models in the... Read more

Publicly-listed AutoNation Inc. saw new retail unit sales in October rise 14 percent to 28,247 units, with the premium luxury segment showing the strongest growth, rising 17 percent but clos... Read more

October sales were the highest since 2001, rising 11.4 percent according to TrueCar Inc. Automakers saw big gains and even Volkswagen eked out a tiny sales increase, reports the Los Angeles... Read more