Honda Canada to slash dealer margins by up to 44%, several dealers say
Honda Canada would not confirm the details nor address questions about the changes to margin for its close to 250 dealers across the country. In a statement, the company said it does not “share the details of our business relationship with our deal.....»»
Honda to spend $11 billion on four EV factories in North America
The new facilities are in addition to the previously announced EV hub in Ohio. Enlarge / Honda is investing CAD$15 billion (US $11 billion) to expand EV manufacturing in North America with four sites in Ontario, Canada. (credit:.....»»
Study reveals protein"s key role in helping cilium transmit signals to the rest of the cell
The essential role played by a protein in the functioning of cells is revealed in new work from the laboratory of Université de Montréal medical professor Frédéric Charron, holder of the Canada Research Chair in Developmental Neurobiology......»»
Economic growth tops the priority list for Canadian policymakers: Here"s why
Canada is currently experiencing anemic economic growth, meaning there is a slowdown in the total production of goods and services per capita. The real GDP growth forecast for 2024 is 0.7 percent......»»
Honda unveils $11B investment for EV assembly, battery output in Canada
The company’s leadership was joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Honda spending $11B on EV assembly, battery output in Canada, reports say
The company’s leadership will be joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»
Honda"s new Ye Series EVs for China foreshadow U.S.-bound next-gen 0 Series
Honda's new family of all-electric vehicles, called the Ye Series, goes on sale in China this year and advances the Japanese carmaker toward a next-generation of software-powered EVs that are bound for the U.S. and other markets......»»
Climate change supercharged a heat dome, intensifying 2021 fire season, study finds
As a massive heat dome lingered over the Pacific Northwest three years ago, swaths of North America simmered—and then burned. Wildfires charred more than 18.5 million acres across the continent, with the most land burned in Canada and California......»»
Tesla profits drop 55% as Elon Musk dodges cheap car questions
Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»
Lithia Q1 net income down 28% as margins slip
Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter......»»
2 former dealership employees who started new marketing firm settle lawsuit
A Massachusetts dealership has settled a lawsuit that accused two former employees of breach of loyalty, misappropriation of trade secrets and other claims for setting up a competing dealer-to-dealer digital marketing agency......»»
Observations explore globular cluster system in the galaxy NGC 4262
Using the Canada-France-Hawaii Telescope (CFHT), Indian astronomers have performed wide and deep field observations of a polar ring galaxy known as NGC 4262. Results of the observational campaign, published April 15 on the pre-print server arXiv, she.....»»
Here are the 5 least expensive EVs in the first quarter
Each of the five least expensive EVs is less than $41,000 with automaker and dealer incentives, according to Cox Automotive data......»»
7 cool things about the Honda Prologue
Honda designers and engineers worked hard to make the brand's first new-era EV stand out in a sea of sameness without losing its distinctly Honda appeal......»»
Honda nears deal with Canada to boost EV capacity in Ontario, report says
Canada is on the verge of an agreement with Honda Motor Co. that would see the automaker build EVs and their components in Ontario, according to people familiar with the matter......»»
Negotiations on global plastic treaty to resume in Canada
Negotiators from 175 countries are meeting from Tuesday in Canada to nail down a binding global treaty to end plastic pollution with many sticking points to be resolved five months after the last round of talks in Kenya......»»
Dealers raise concerns about how Scout, Sony Honda Mobility will sell vehicles
Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles......»»
Scientists assess paths toward maintaining BC caribou until habitat recovers
Thanks to drastic and evidence-based solutions, more southern mountain caribou roam Western Canada today than in previous decades; however, herd numbers are too fragile to sustain themselves without continued intervention......»»
Dealer association ad voices concerns about how Scout, Sony Honda Mobility will sell vehicles
Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles but to no avail......»»
Nissan hopes new product, marketing juice U.S. sales
Nissan's message to dealers: 'The car is the star.'.....»»