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This trend is expected to persist through 2027, according to DesRosiers Automotive Consultants. Off-lease vehicles are a key source of product for the used car market. The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market.
While electric vehicles (EVs) continued to appeal to Canadian car shoppers in 2024, widespread adoption remains low, according to data from AutoTrader. The data revealed that search interest in EVs grew by nine per cent this year, yet still represents just eight per cent of total vehicle searches on the platform.
So when examining whether or not manufacturers will start to bring those vehicles into showrooms as used cars, its not a bright picture. So with that top of mind as well, we’re seeing those numbers decline up to 2027; 2028 we see it pick up, he said. He noted that his group looks at the market on a 48-month level.
The factory primarily manufactures passenger car tires for the Central European market. Once it reaches full capacity by 2027 , it will produce up to 6 million tires annually. Passenger Car Tires showed a 19.4% Nokian Tyres said it made major strides in 2024 , focusing on growth, sustainability, and product innovation.
In 2024, Chinese car exports rose over 10%, with a noticeable shift toward European markets (S&P Global, Al Jazeera). billion, Toyota $88 million, and Mercedes will introduce a new vehicle at its Tuscaloosa plant in 2027. This could reshape local competition, production patterns, and consumer pricing. Audi is evaluating three U.S.
The automotive industry faces unique challenges in the digital age, where the car-buying process has significantly evolved. This report delves into the mechanics of OTT, its growth and its specific applications for new car dealers looking to enhance both car sales and service business.
That means the production version of the Iconic SP wont replace the Miata in Mazdas lineup, and instead, well get two Mazda sports cars. Dont expect Mazda to chase the new crop of ultra-powerful EVs with its range-extended hybrid sports car, however. Maybe it would actually happen? Eventually?
Despite being criticized by Jaguar diehards, the most passionate of gearheads, and the most casual of car enthusiasts, the ailing marque continues testing the Type 00 in preparation for a 2026 reveal. First spied on public roads in February 2025, the production model is presently gearing up for its first Nurburgring tests.
Enter the 2027 Ferrari Amalfi, an updated take on the Ferrari Roma , powered by a slightly more powerful version of the same front-mid-mounted twin-turbocharged 3.9-liter Enter the 2027 Ferrari Amalfi, an updated take on the Ferrari Roma , powered by a slightly more powerful version of the same front-mid-mounted twin-turbocharged 3.9-liter
If the new CX-5s proportions look different to you, its because the whole car has grown. inches longer than the outgoing model, enabling Mazdas claim that the new car is the most spacious yet on the inside. different, from its predecessor , to be sure.
The idea is to create a fuel that works in your existing car, no modifications needed. The idea is to create a fuel that works in your existing car, no modifications needed. And this isnt some lab experiment in a beaker. In June 2024, the company fired up DAWN, the worlds first industrial-scale solar fuel plant in Jülich, Germany.
As federal incentives were paused and Quebec reduced incentives from $7,000 to $4,000 for this year, which will eventually be eliminated in 2027, the ZEV rate in January was expected to be about 10 per cent. It just may not be as rapid as what was seen in recent times, especially to close out 2024. per cent of new vehicle registrations.
Kia is planning an onslaught of EVs in the coming years, with as many as 14 electric cars in its global lineup by 2027, and among those will be some smaller, actually more affordable EVs. Theres the EV3 crossover , which has already been unveiled in production guise though it wont hit the U.S. until next year. Next Read more.
Passenger car tires led the charge, climbing 21.7% It aims to reach 6 million annually by 2027. Nokian reported Q1 2025 earnings of EUR 269.5 million (approx. 304 million), up 13.9% year-over-year and 14.2% in comparable currencies. The company outpaced market demand in every region. due to better product availability. 20 million).
All Rights Reserved Teslas Robotaxis Are Going Poorly Latest News Reviews Brands Car Types Buying Culture Tech Beyond Cars Racing QOTD Features Newsletter Advertise Culture The Morning Shift Teslas Robotaxis Are Going Poorly By Amber DaSilva June 26, 2025 10:32 am EST Tesla Happy Thursday!
Toyotas new racing test bed is being exhibited by the ACO alongside three other hydrogen-powered sports cars. The GR LH2 Racing Concept is an operational test car based on the GR010 Hybrid Hypercar, its current Le Mans entry. However, it will be years before any hydrogen machine takes the start at the 24-hour race.
AC Cars has just unveiled the GT SuperSport; an extremely limited-edition model presented in partnership with AC Cars America LLC. Only 25 examples will be built, with first deliveries scheduled for 2027. AC Cars America will consult with its clients to make sure that each car is unique and tailor-made.
Now, members of the rumor mill and the imaginative guild of digital car content creators dwelling across the parallel universes of vehicular CGI claim they have found leaked official pictures of the best-selling nameplate from Mazda.
With 21 vehicles in the class on the grid in 2025, featuring entries from Porsche, Cadillac, Ferrari, Peugeot, Alpine, BMW, Toyota, and Aston Martin, the Papaya orange team is looking to add itself to the mix in 2027. Well, McLaren CEO Zak Brown is a co-founder and co-owner of United Autosports, so it seems like the choice was pretty simple.
The massive undertaking will actually be helped out by Rivian, and the plan is for the first Audis on SSP to hit the market in late 2027 or 2028. The German automaker previously said it planned to end ICE development in 2026, but that sure as hell isnt going to happen now. A lot of this can be attributed to the U.S.
The mission is still scheduled for 2027 after numerous delays caused by development issues. Now, if youre in the exclusive club of scientists with access to powdered lunar regolith, I wouldnt whip out your I.D. badge to start snorting lines of moon dust for a laugh. Michaela B. Smith, lead researcher and Ph.D Comment(s) Recommended
The events three-year contract has come to a close, though there was an option to extend the event through 2026 and 2027 if the city chooses to allow it. Getting this race to happen for the first time in 2023 was practically a miracle, and it paid off with huge viewership numbers.
The 737 MAX 7s version of the system didnt meet that threshold, so in 2023, Boeing asked for (and received) an exemption until 2027. The exemption related specifically to the 737 MAX 7, the shortest variant of the troubled aircraft , which is still uncertified for sales to clients.
With electric vehicles (EVs) fast becoming all the rage, the biggest car manufacturers have been in a hot race to key into the electrification roadmap, and several winners have emerged. There has been no short supply of impressive cars sporting the most innovative solutions in electric batteries and powertrain technology.
The price of EVs has also pushed the cars out of reach for many consumers. According to the report, the ownership cost, which includes the price of a car and operating costs, of an EV over eight years would be $62,920 if the car was purchased in 2022, while the cost would be $71,680 for a gas-powered vehicle.
Motorsports global governing body approved a new flexible, future-proof and cost-controlled ruleset for international rallyings top category in 2027. The FIA World Rally Championships 500-horsepower hybrid Rally1 monsters are being put out to pasture. The WRC27 regulations will allow internal combustion, hybrid Read more.
Some said back then that the sports model wouldn't return to the automotive world, whereas others believed that the moniker was simply too important for the company to ignore. As it turns out, the latter crowd was accurate, as th. continue reading. )
Quebec’s Changing Landscape for EV Subsidies Quebec has been a frontrunner in promoting electric vehicles, offering substantial rebates to encourage consumers to switch from gasoline-powered cars to EVs. These incentives have significantly boosted EV sales, with electric vehicles comprising 23% of all cars sold in Quebec by late 2023.
The Japanese automaker Toyota is currently focusing on some of the early 2026 model year nameplates for the US automotive market, and among them is also the affordable and popular Corolla compact passenger car and crossover SUV. It's only May, but some companies are already preparing to reap goodies for the coming fall season.
Today we're checking in with Nissan to see how it's planning to turn around its fortunes, and seeing how the world's biggest EV seller managed in 2024.
Toyota knows a thing or two about making the right volumes of cars and also about increasing value and core strengths – after all, it's the world's largest automaker for 2024 and the most valuable automotive brand for 2025. Obviously, it's making th. continue reading. )
Bentley has pushed back its plans to have its entire lineup be fully electric only from 2030 to 2035, but the brand is still working hard on its first EV production model , which will be revealed in 2026 and go on sale in 2027. Not only will the new electric SUV be in a segment that Bentley has never competed in… Read more.
While certain car manufacturers have started revising their electric strategies after sales of EVs have dropped in Western markets, Rolls-Royce seems to stick to the plan, as it will reportedly phase out all internal combustion-powered models in a few years. The last ICE-powered Rolls-Royce should roll off the line after the 2031 model year.
It's open season on the Nurburgring, and our photographers have been busy observing the cars tested on the famous Nordschleife. BMW intends to sell the electric variant alongside the gas-powered M3, which will be powered by a mild-hybrid six-cylinder engine. A couple of days ag. continue reading. )
However, if everything goes well, the four-ring brand sports model could return to the car game, and it appears that it has already started testing. Audi pulled the plug on the TT a little over a year ago, with the final copy rolling off the line toward the end of 2023. continue reading. )
Management will resolutely implement the growth strategies established in each business as it aims to achieve “Hockey Stick Growth” during YX2026 to fiscal 2027, the company said. Yokohama says it aims to achieve “Hockey Stick Growth” during YX2026 to fiscal 2027. billion), business profit of ¥130 billion (approx.
Management will resolutely implement the growth strategies established in each business as it aims to achieve “Hockey Stick Growth” during YX2026 to fiscal 2027, the company said. Yokohama says it aims to achieve “Hockey Stick Growth” during YX2026 to fiscal 2027. billion), business profit of ¥130 billion (approx.
The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh). Stellantis N.V. and Samsung SDI, headquartered in the Republic of Korea, announced on Oct. The joint venture company will invest over $3.2 billion (€2.8 transition to an era of electric vehicles.”
The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh). Stellantis N.V. and Samsung SDI, headquartered in the Republic of Korea, announced on Oct. The joint venture company will invest over $3.2 billion (€2.8 transition to an era of electric vehicles.”
To be launched by 2027, the newcomers will include a three-row electric sport utility vehicle. According to a fresh report from Japanese publication Best Car, we're also in for an ( continue reading. ) Back in May 2023, the Subaru Corporation updated its electrification strategy with three new battery-electric vehicles.
Unfortunately, sales of the British ultra-luxury sports car maker fell almost nine percent last year. While Astons are not exactly cheap, they actually offer a lot of bang for the buck – aka performance. To make matters worse, debt also grew to more than one billion dollars. continue reading. )
In this industry, there is no shortage of rumors about new and upcoming cars. With Japan’s Best Car , the rumors it publishes can sometimes be grounded in reality and sometimes… Read more. Sometimes those rumors are well-sourced and come from someone who definitely knows what they’re talking about, but that’s not always the case.
Currently, the ailing Ingolstadt-based automaker – which saw declining sales last year – is devoid of any two-door sports car in its lineup. According to the rumor mill and hints from the corner office head honchos, the situation could shift in the near future. Audi gave up on the A5 Coupe and Cabriolet, ( continue reading. )
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