Prime Minister Mark Carney will also scrap the zero-emissions sales mandate, replacing it with new, stricter emission standards.
With the overall market expected to be flat or down slightly in 2026, achieving the goal would require taking significant share back from rivals.
A weaker yen and higher per-vehicle prices are helping Mitsubishi to gain traction in the U.S. with the Outlander Sport and Eclipse Cross.
Amid affordability woes, some dealers are dabbling in selling vehicles that have been written off by insurance companies.
The Peugeot 3008 and 5008 are being delayed by up to 8 months due to production snags involving batteries made by Automotive Cells Co.
Stellantis’s Antonio Filosa and VW's Oliver Blume said the EU should introduce CO2 bonuses for vehicles made in Europe to protect jobs and help local companies meet climate targets.
Volvo Cars Americas President Luis Rezende believes the EV, slated to arrive in the U.S. this summer, can draw buyers with its technology, 400-mile range, fast-charging capabilities and performance.
If ratified, the contract would mark a high-profile, high-stakes victory for the UAW in its quest to unionize foreign-owned auto plants in the American South.
IDEA Auto Group's Toyota, Subaru and Nissan stores in the Austin, Texas, market, sold to two different buyers.
With improved cash flow, GM has a "safety blanket" that makes it comfortable with short-term EV losses as it pursues profitability, CFO Paul Jacobson said.
Three-time NASCAR champion Joey Logano, who races Ford Mustangs for Team Penske, bought an ownership stake in Huntersville ...
Ford executives detailed multiple steps to help make vehicles more affordable, including adding new products, boosting CPO sales and providing targeted incentives.