Automotive News from the domestic and international auto industries, featuring global sales trends, technology innovations, shareholder meeting results, key industry players, and general vehicular stories of interest.

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May 29, 2020, 11:38 ET Uni-Select Inc. Successfully Completes Refinancing with New US$565 Million Credit Facilities Including Covenant Relief Providing Increased Flexibility

Uni-Select has secured new credit facilities, replacing the current facilities, with leverage and interest coverage ratio requirements effective only ...


May 27, 2020, 17:00 ET Linamar Corporation Announces Voting Results from Annual General Meeting

GUELPH, ON, May 27, 2020 /CNW/ - Linamar Corporation (TSX: LNR) today announced detailed results of the votes cast for two motions held during the...


May 27, 2020, 09:51 ET Digital Retailing and Vehicle Leasing to Propel Automotive Recovery Path, Says Frost & Sullivan

Frost & Sullivan's recent analysis, COVID-19 Growth Impact Assessment for the Automotive Industry, 2020, presents the impact of the pandemic on the...


May 27, 2020, 08:00 ET Axis Announces Record Revenue and Originations for Q3 Fiscal 2020

TORONTO, May 27, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime...


May 26, 2020, 09:30 ET Survey reveals neighbourhood speeding & bad driving during pandemic puts playing kids at risk

BCAA offers free "Slow Down Kids Playing" signs to encourage careful driving as kids play away from playgrounds BURNABY, BC, May 26, 2020 /CNW/ -...


May 25, 2020, 17:06 ET AutoCanada Announces Conference Call and Webcast Details for Q1 2020 Financial Results and 2020 AGM

EDMONTON, May 25, 2020 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ), a multi-location North American automobile dealership...


May 25, 2020, 08:00 ET Axis Announces Closing of $6.25M Term Loan and Provides Shareholder Update

TORONTO, May 25, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime...


May 22, 2020, 21:50 ET Hertz Global Holdings Takes Action To Strengthen Capital Structure Following Impact Of Global Coronavirus Crisis

Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or the "Company") today announced it and certain of its U.S. and Canadian subsidiaries have filed...


May 22, 2020, 14:02 ET Foundation Auto Acquires New Gems In Fairfield, Texas

HOUSTON, May 22, 2020 /CNW/ - Foundation Automotive, announces the acquisition of the Freestone Auto Group in Fairfield, Texas. Foundation will...


May 21, 2020, 10:00 ET Mazda Begins Providing Virtual Racing Car, Mazda RX-Vision GT3 Concept Online

HIROSHIMA, Japan, May 21, 2020 /CNW/ - Mazda Motor Corporation has announced the release of our virtual racing car, "Mazda RX-Vision GT3 Concept."...


May 21, 2020, 06:00 ET Hyundai Canada offers exclusive dealer invoice pricing to all first responders, health care workers

MARKHAM, ON, May 21, 2020 /CNW/ - Hyundai Canada is offering exclusive dealer invoice pricing to Canadian first responders and health care workers in ...


May 20, 2020, 13:10 ET Andretti and Alonso confirmed for Legends Trophy esports battle at Indianapolis Motor Speedway

Racing legend Mario Andretti and two-time Formula 1 World Champion Fernando Alonso are the latest motorsport stars to join Torque Esports/Engine...


May 20, 2020, 09:00 ET Cargill's North American Protein business partners with nonprofits to ensure Canada's resilience amidst COVID-19

Cargill is working with nonprofit and NGO partners around the globe to help address food security, health and safety needs and agriculture and...


May 20, 2020, 08:15 ET Foreign Direct Investments Yield Increased German Jobs Tally

The number of foreign companies that came to Germany last year declined by around ten percent from the 2018 record of 1851. But Germany profited more ...


May 20, 2020, 05:00 ET In Canada, men pay more than women for car insurance across all age groups, according to a new report from LowestRates.ca

TORONTO, May 20, 2020 /CNW/ - Auto insurance premiums are determined using a variety of factors, including a person's driving record, years of...


May 19, 2020, 22:00 ET Changsha: Intelligent Manufacturing on the Fast Track

A news report by China Report: "The unmanned taxi ride went almost as smoothly as the regular one does," applauded Zhang Jun, a resident of Hunan's...


May 19, 2020, 12:18 ET Safe-Guard Names Mary Buhr Director Of Account Management And Business Development Of Safe-Guard Products Canada

Safe-Guard Products International, LLC the leading provider of third-party private label protection products for the automotive, RV, marine and...


May 19, 2020, 09:57 ET XCMG Jumps up to Global Top Four on KHL's Yellow Table 2020 Continuing to Lead Chinese OEM Firms

With revenue of USD 11.162 billion, XCMG (SHE: 000425) has moved up to 4th place in the ranking of the world's top 50 construction equipment...


May 15, 2020, 15:06 ET Uni-Select Inc. announces voting results on election of Directors

BOUCHERVILLE, QC, May 15, 2020 /CNW Telbec/ - Uni-Select Inc. (TSX: UNS) announces that shareholders voted in favour of all items of business put...


May 15, 2020, 12:54 ET Automotive Properties REIT Announces May 2020 Distribution

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 15, 2020 /CNW/ - Automotive Properties Real...


May 15, 2020, 06:17 ET XCMG Machineries Completes Several World-Record Level Construction Projects

XGC88000, the 4,000-ton crawler crane of XCMG (SHE: 000425), has set a new world record as it completed a 2,000-ton EO/EG washing tower hoisting...


May 14, 2020, 18:45 ET Automotive Properties REIT Reports Financial Results for First Quarter of 2020

TORONTO, May 14, 2020 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") today...


May 14, 2020, 09:01 ET Engine Media rapidly advances business; unveils key product and programming initiatives

Engine Media Holdings, Inc. ("Engine Media") (TSX-V: GAME) (OTCQB: MLLLF), a newly formed company that brings together the power and popularity of...


May 14, 2020, 06:30 ET Uni-Select Inc. Reports 2020 First Quarter Financial Results and COVID-19 Update:

Executed business continuity plan in a timely manner, allowing Uni-Select to serve its customers while ensuring that health and safety protocols were ...


May 13, 2020, 16:00 ET Despite COVID-19 Impact Liquidity Improves Further on Another Strong Quarter for Free Cash Flow at Linamar

(TSX: LNR) GUELPH, ON, May 13, 2020 /CNW/ - During the first quarter of 2020 ("Q1 2020"), the Company experienced lower sales and operating earnings...