The phone calls have been so frequent and built by so quite a few around the decades that the thought of a countrywide automobile system has pretty much come to be white noise. But Canada wants a single now more than ever. Brendan Sweeney, the executive director of the London, Ont.-based Trillium Community for State-of-the-art
The global supply chain crisis has exposed some of the weak points in the just-in-time manufacturing model, according to a pair of industry experts. Yet, the disruptions will likely lead automakers to adjust — as opposed to replace — the method at the root of essentially all modern vehicle production. “I don’t think you’re going
Editor’s note: This story has been updated to reflect the puchase price listed in Sonic’s Dec. 9 regulatory filing. Sonic Automotive Inc. has completed what CEO David Smith has called the group’s largest acquisition ever with its $950.2 million purchase of RFJ Auto Partners Holdings Inc. The acquisition, which was revealed in September and
Supply-chain disruptions, driven by the ongoing shortage of microchips that has dented new-vehicle stockpiles, undercut U.S. sales at Hyundai and Kia for the fourth straight month in November. Volume dropped 20 percent at Hyundai — its biggest decline of the current slump — and 5.4 percent at Kia last month, the companies said Wednesday. Hyundai
Most auto executives are optimistic about the industry’s long-term profitability and the adoption of electric vehicles, even as they remain concerned about short-term problems such as the tight labor market and microchip shortage, a new survey of industry leaders found. According to KPMG‘s 2021 Global Automotive Executive Survey, 53 percent of respondents said they were
AGUASCALIENTES, Mexico — The global semiconductor shortage is hitting Mexico’s auto workers hard as employers slash output, reduce shift work and cut jobs due to supply-chain breakdowns. The pain is acute in the central Mexican state of Aguascalientes and its namesake capital, one of the country’s top automotive centers, where the chip crunch has forced