2024 Chevy Traverse redesigned with more tech, off-road trim

2024 Chevy Traverse redesigned with more tech, off-road trim

“Our new Traverse is designed and engineered to act and look more like an SUV,” Scott Bell, global vice president of Chevrolet, said in a statement. “Led by the all-new Z71, the 2024 Traverse builds on the success of its predecessor and will undoubtedly enable us to be in more customer drives.” Last redesigned for…

Ontario spending .7M on free training in the auto industry

Ontario spending $4.7M on free training in the auto industry

Ontario is spending $4.7 million to offer free training to a handful of people seeking employment in the province’s emerging electric-vehicle field. The money will fund a pair of programs designed to provide roughly 360 participants with skills in machine operation, assembly, quality control and logistics, while also preparing automotive technicians. The first project, managed…

Ford ends quarterly Canadian sales reporting, raising transparency concerns

Ford ends quarterly Canadian sales reporting, raising transparency concerns

Ford of Canada’s decision to stop reporting national sales figures on a quarterly basis has prompted concerns that the company is becoming less transparent, even as it takes government money to help fund the retooling of its Canadian manufacturing operations to produce electric vehicles. And there are worries that more auto companies might follow suit….

Elon Musk is willing to bet Tesla’s profits on autonomous driving

Elon Musk is willing to bet Tesla’s profits on autonomous driving

Elon Musk is years behind on his ambition to render Tesla Inc.’s cars fully autonomous. He’s now saying in no uncertain terms that he’s willing to bet the company’s profit margins on making it happen. Musk said on a conference call last week that Tesla has the wherewithal to sell cars at “zero profit” and…

Hyundai uses the EV tax credit leasing provision to stay competitive

Hyundai uses the EV tax credit leasing provision to stay competitive

The rug was pulled out from under Hyundai and its sibling brand Kia America just months after parent Hyundai Motor Co. confirmed it would invest $5.5 billion to build an EV and battery complex outside Savannah, Ga., for its Hyundai, Genesis and Kia brands. The plant will have the capacity to produce up to 500,000…