There are no Black leaders among the Canadian automotive industry’s 17 CEOs and presidents. Beyond that, no statistics are available to measure Black representation in the Canadian auto industry, said Jennifer Okoeguale, a public relations consultant at Toyota Canada and a founding member of Accelerate Auto.
Manufacturers risk losing skilled and talented employees to other industries unless they make addressing gender equity a priority, according to the report, released in mid-February by the Trillium Network for Advanced Manufacturing, an industry think tank based at Western University in London, Ont.
The Volvo XC40 Recharge will carry a starting MSRP at launch of $64,950 — before shipping — which is nearly $5,000 too expensive to qualify for Quebec’s $8,000 provincial rebate. It also misses the mark for the federal iZEV rebate and British Columbia's provincial incentive.
Organizers of the Montreal and Toronto auto shows have scrapped their plans to transition to virtual platforms from traditional in-person events for 2021 due to a lack of manufacturer participation. Live shows have been in doubt since the start of the COVID-19 pandemic in March.
The five-acre (two-hectare), five-tower project represents an opportunity to reach urban consumers on their home turf, as well as a new business model, aimed at generating cost-savings and multiple revenue streams at time when online technology is rapidly transforming automotive retail.
Genesis is offering a dedicated standalone facility on an entirely separate plot of land, while the second allows dealers that have already built or plan to build a Hyundai dealership, in that brand’s updated imaging, to integrate a Genesis showroom into the design.