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Honda Canada Will Cut Dealer Margins By Up To 44%, How Will This Affect The Consumer?

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CR-V Hybrid driving

[ad_1] Summary Honda Canada is cutting dealer profit margins by up to 44% to fund its electrification transition. Consumer prices may rise due to dealers transferring losses. Honda’s move mirrors corporate models like Tesla that eliminate dealer commissions. According to a recent report by Automotive News Canada, Honda Canada will apparently cut dealer profit margins … Read more

Will the 2024 Ford F-150 production stop affect deliveries?

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[ad_1] Toward the end of January, Ford Motor Co. shut down production of the 2024 Ford F-150 at both plants due to a supplier parts issue. The F-150 production stop resulted in layoffs affecting nearly 10k employees. The big question we have: Will this push back customer deliveries of the refreshed truck? The story, reported … Read more

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