Oct 22, 2024
After 50 years of research and development, General Motors is closing its Cold Weather Development Centre in Kapuskasing, Ont., saying the work done at the facility has become “redundant.”
Oct 22, 2024
Dealer Headlines
Tesla faces questions on robotaxi service, $25,000 model and flat sales in Q3 earnings report
Wall Street analysts expect a drop in Tesla's third-quarter margins after it boosted incentives to juice sales of its aging core vehicles, the Model Y crossover and Model 3 sedan.
Oct 22, 2024
Elon Musk has been sued over ‘Blade Runner’ imagery. The production company filed a lawsuit accusing Tesla CEO Elon Musk of copyright infringement, saying it specifically declined to grant permission to use the images.
Oct 21, 2024
Dealer Headlines
Daily 5 report for Oct. 21: Making sense of Q3 earnings reports beyond ‘beats’ and ‘misses’
Innumerable disclosures figure into analyzing the overall health of a publicly traded company.
Oct 21, 2024
Current Issue | Dealer Headlines | Finance & Insurance
Brent Burns retiring as head of JM Family; Dan Chait to become CEO
JM Family Enterprises CEO Brent Burns will retire and be succeeded by President and COO Dan Chait. Chait will remain president when he becomes CEO on Jan. 1, JM Family announced.
Oct 21, 2024
The upper end of the Porsche 911 lineup is getting an update — and a track-focused Weissach package. The 2025 Porsche 911 GT3 starts at $224,495 with shipping and arrives at dealerships next summer. A naturally aspirated 4.0-liter flat-six making 502 hp propels the coupe...