Automotive News

Russians are reluctant to buy Chinese cars as the market shrinks

MOSCOW — As the exodus of Western automakers narrows options for Russian consumers, Chinese automakers are filling the gap, forcing Russians to overcome their reluctance to embrace Chinese brands and accept higher prices. Chinese brands such as Haval, Chery and Geely now account for almost 40 percent of Russia’s new-car sales, data from analytical agency Autostat and consulting company PPK showed, up from less than 10 percent in January-February of 2022. Chinese brands have jumped on the opportunity left by the exit of automakers including Renault, Nissan and Mercedes. But there are teething problems. Reuters spoke to several Russian car…

Automotive News

Volkswagen Is Reportedly Removing Its Design Chief

Volkswagen Is Reportedly Removing Its Design ChiefULI_SONNTAG/VWVolkswagen will replace its current design chief Jozef Kaban, Automotive News Europe’s affiliate Automobilwoche reports. The designer’s work reportedly hasn’t impressed new VW CEO Thomas Schaefer, and as a result, he’ll reportedly be replaced by Bentley design boss Andreas Mindt. Kaban has been the head of Volkswagen design since 2020. He came to the company from Rolls-Royce, where he led the design team for six months. Automobilwochereports that Kaban’s retro ID. Life concept—which was supposed to preview a 2025 mainstream EV from VW—didn’t impress the new CEO, who wanted a more modern look.…

Automotive News

Used-car seller Canada Drives granted creditor protection

Canada Drives obtained creditor protection March 20 under an order from the Supreme Court of British Columbia, according to a notice from court-appointed monitor PricewaterhouseCoopers Inc. While the company has focused mainly on ecommerce since 2020, Canada Drives was founded in 2010 as a lead-generating business, matching consumers looking for financing with local dealerships. Under CCAA protection, it plans to restructure its business, winding down the “capital intensive” online sales segment, and refocusing on the financing matching service it has provided for more than a decade. As part of the restructuring plan, Canada Drives also intends to maintain one aspect…

Automotive News

The Intersections 3-26-23 | Automotive News

Stress test for the EV transitionA business’ survival is dependent on smart risk management. As the auto industry takes its biggest risk in the era of mass production — the electrification transition — this week’s Automotive News highlights the magnitude of the batch being made. Ford Motor Co., for example, for the first time publicly disclosed how much money it lost in its Model E electric vehicle division last year ($2.1 billion) and how much it expects to lose this year ($3 billion). Offsetting these large losses, if Ford’s projections hold true, will be large profits from its Ford…

Automotive News

Car dealers see drop in per-franchise sales in 2022

Throughput fell for 30 franchised brands and increased to 11, not counting Polestar which was new to the list. Mitch Phillips, global director of data at Urban Science, a consulting firm that also tracks dealership counts, attributed the industry’s decline in throughput not only to inventory shortages, but also to the economy and consumer perception of the economic conditions to come. Toyota, which has long held the top spot for throughput, again was No. 1 with 1,494 vehicles sold per franchise, though also down 8.8 percent from a year ago, as its inventory was constrained. Lexus again finished No. 2,…

Automotive News

Guide to Windshield Replacement in Arizona

Many drivers think they will be perfectly safe driving around with a crack or chip in their windshield, this often isn’t the case. Any obstruction in the windshield can result in unsafe driving conditions and could ultimately cause an accident. Because chips and cracks are prone to spreading over time, especially when exposed to the extreme weather conditions typically found in Arizona, it’s essential to consider windshield replacement, especially if the situation cannot be resolved with an auto glass repair. While this is a simple process, many people wonder if they really need to replace their windshield at all. The…

Automotive News

Cox Automotive wields ax as it reviews Canadian operations

Cox Automotive is laying off 80 staff in Canada and closing its Manheim Edmonton auction operation as it re-evaluates its Canadian footprint following the sale of much of its software business in the country late last year. Matt Trapp, Cox’s regional vice-president for the eastern United States and Canada, said the company has spent the past few months assessing its long-term strategy for Canada, and changes in the local wholesale market mean Manheim Edmonton no longer fits Cox’s growth plan . “It’s never easy when we make these decisions. … Unfortunately, Edmonton is not going to be a part of…

Automotive News

Chevy Equinox redesign spotted road testing

It remains a key vehicle for General Motors in a highly competitive segment. The Equinox posted US sales of 212,072 in 2022, ranking as Chevy’s second-best-selling vehicle behind the Silverado full-size pickup and GM’s third-top-selling model behind the Silverado and GMC Sierra pickup. The Equinox was third in its segment last year behind the Toyota RAV4 and Honda CR-V, according to the Automotive News Research & Data Center. Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, told Automotive News in an email that the gasoline-powered Equinox should go into production in April 2024. “With the intense competition…

Automotive News

Medical Malpractice Law Firms: Protecting Patients’ Rights

Every year, thousands of patients experience harm due to medical errors. These errors may arise from misdiagnosis, surgical mistakes, or negligent treatment, often leaving victims with severe injuries, financial burdens, and emotional trauma. In such cases, medical malpractice law firms serve as essential advocates, helping victims pursue justice and compensation. This article explores the role of medical malpractice law firms, what victims can expect, and why choosing the right legal representation is critical.Understanding Medical MalpracticeMedical malpractice occurs when healthcare professionals fail to provide treatment that meets the accepted medical standard of care, causing harm to a patient. This…