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Currently, Canada produces around 10% of cars sold in the US (approximately 225,000 units), with Mexico supplying close to 20%. Interestingly, the US actually produces more cars for Canadian ...
"Every car that comes out of any dealership is going to raise the prices," Maoli said. "Parts come from all over the world." The average price of a new passenger vehicle in the U.S. in December ...
When you buy a new car, by the time you drive it home it's lost value. In fact, according to Kelley Blue Book (KBB), most new cars lose 20% of their value in the first year. Ouch. And by year five,...
Car and Driver named the Citation one of the most embarrassing award winners in history due to its numerous build quality and safety issues: "Things started going terribly wrong as soon as the X-car got in the hands of consumers. While staring down 60-month payment books, Citation owners were having trim bits fall off in their hands, hearing ...
Resale price maintenance (RPM) or, occasionally, retail price maintenance is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance).
Canada is currently the thirteenth-largest auto-producing nation in the world, and seventh largest auto exporter by value, producing 1.4 million vehicles and exporting $32 billion worth of vehicles in 2020. [1] Canada's highest rankings ever were the second-largest producer in the world between 1918 and 1923 and third-largest after World War II.
According to Kelley Blue Book, many new-car buyers don't realize the impact depreciation has during the first five years of vehicle ownership. Unfortunately, it's often the greatest expense they'll...
Hyundai Motor America, doing business as Hyundai Motor North America is the operating subsidiary that oversees all operations of Hyundai Motor Company in Canada, Mexico, and the United States. Along with Hyundai's USA manufacturing plant in Montgomery, Alabama called Hyundai Motor Manufacturing Alabama , Hyundai has total of 19 manufacturing ...