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Toyota declared most valuable auto brand

Toyota declared most valuable auto brand

Toyota has been declared the most valuable automobile brand in the world for 2017, its value increasing from $43-billion to $46.3-billion this past year, according to Brand Finance. BMW follows far behind with a $37.1-billion value, while its archrival Mercedes-Benz finishes third at $35.5-billion. Volkswagen ($25-billion), Nissan ($24.8-billion), Ford ($22.4-billion), […]

 
 

Big Three confirms Canadian investments

Big Three confirms Canadian investments

Ford, General Motors and Fiat Chrysler say they won’t waver in their collective bargaining commitments to invest $1.5-billion in total in their Canadian operations despite the protectionist rhetoric of Donald Trump. The new U.S. President has namely kick-started efforts to renegotiate the North American Free Trade Agreement, spoke of the […]

 
 

U.S. delinquent car loans reach all-time highs

U.S. delinquent car loans reach all-time highs

Car loan delinquencies hit a record high in 2016, as their rates and amounts have climbed to their highest levels since 2008. Roughly 3.8 per cent of the loans were delinquent by 30 days or more at the end of the year for a total of $23.27-billion, according to data […]

 
 

Jaguar lets you pay gas from your car

Jaguar lets you pay gas from your car

Jaguar has launched an in-car payment system for Shell gas stations in the U.K., as drivers of the 2018 XE, XF and F-Pace may complete the entire transaction via the vehicle’s touchscreen. “Whether it’s paying for fuel, parking or tolls, the aim of cashless motoring is to make life easier […]

 
 

Ford wins in Russia gamble

Ford wins in Russia gamble

Ford has become the first major foreign carmaker to see sales grow in Russia, with a 10 per cent increase in 2016. While rivals decided to withdraw from this market due to an economic crisis brought on by low oil prices and Western sanctions, the “blue oval” company not only […]

 
 

Vehicle ownership tumbles in the U.S.

Vehicle ownership tumbles in the U.S.

Vehicle ownership per person and per household was down in 2015 in the United States, on average, 4.4 per cent from their peak period, according to a study by the University of Michigan Sustainable Worldwide Transportation department. The research also showed the distance-driven rates per person and per household were […]

 
 

Auto infotainment market valued at $20-billion

Auto infotainment market valued at $20-billion

Sales of the global auto infotainment market were estimated at $20-billion at the end of 2016, up 5.1 per cent from the previous year, according to Persistence Market Research. Factors such as the growth of the auto sector along with rising consumer inclination towards an entertaining driving experience, as well […]

 
 

Toyota reaches 10-million hybrid sales

Toyota reaches 10-million hybrid sales

Toyota hybrid cars have recently passed the 10-million sales mark, ten years after the release of the first Prius. “Hybrids remain an important part of our lineup and we have seen continued demand,” said the company’s North American senior vice-president for automotive operations, Bob Carter. According to predictions by experts, […]

 
 

GM could sell European divisions to Peugeot

GM could sell European divisions to Peugeot

General Motors is considering the sale of its European brands Opel and Vauxhall to French carmaker PSA, the parent company of Peugeot and Citroen. Both companies confirmed the talks, but said there was “no assurance” an agreement will be reached. GM and PSA have worked together in an alliance since […]

 
 

NHTSA targeted to study connected car security

NHTSA targeted to study connected car security

A group of U.S. lawmakers have introduced a bill that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for vehicles that are connected and eventually driverless. The goal of the bill is to create a safety standard for connected cars, and look at […]