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NewsCanadian Black Book Hands Out 2023 Best Retained Value Awards
For the 16th year, Canadian Black Book (CBB) recently announced the winners of its Best Retained Value Awards, which measure how much of their original MSRP vehicles hold after four years of ownership. The average retained value across the industry is 77% of MSRP on 2020 model-year vehicles, down from …
News2024 Toyota RAV4 Ready to Drive Off Into Sunset
What is it like being the most popular SUV in Canada right now? Not bad at all considering sales were up 32 percent after three quarters in 2023. But with so few changes in store for the upcoming 2024 model year, it’s pretty clear that the end is near. No, …
NewsToyota, Mercedes, BMW Among Interbrand’s Top 10 Most Valuable Companies
Three automakers make up the list of the most valuable companies on the planet according to Interbrand’s Best Global Brands 2023 ranking released this week. Toyota (6th, $64.5 billion USD), Mercedes-Benz (7th, $61.4 billion) and BMW (10th, $51.2 billion) have one thing in common: they boast some of the highest …
Hybrid/Plug-in HybridToyota Venza to be Discontinued for the Second Time
If you were wondering how the all-new 2025 Crown Signia could possibly fit in Toyota ’s growing lineup of SUVs and crossovers, wonder no more. Soon after its official debut on Tuesday night in Los Angeles, the automaker confirmed that the Venza will not return following the 2024 model year.
New ModelsAll-New 2025 Toyota Camry Breaks Cover, Goes Hybrid Only
The midsize sedan market in Canada is crumbling. Last year, the 35,000 or so units accounted for just 2.4 percent of total new vehicle sales in the country. Driven by the Camry , Prius and Mirai , Toyota ’s share was a whopping 40.6 percent. Clearly, the Japanese automaker has …
NewsToyota Reaches Global Production of 300 Million Vehicles
Toyota , which regained the global sales crown two years ago, can now brag about another impressive feat: it has now reached a cumulative global production total of 300 million vehicles. While announced just today, the milestone was actually achieved in September. This includes 180.52 million vehicles produced domestically, and …
Recalls249,000 Toyota RAV4s Recalled in Canada Due to Fire Risk
One of the best-selling vehicles in North America has just been hit with a major recall due to a fire risk. We’re talking about the Toyota RAV4 , more specifically the 2013-2018 model years covering all of the previous generation. According to the automaker, the recall affects over 1.85 million …
RecallsToyota Canada Recalls 50,000 Highlanders With Loose Bumper Covers
Toyota is announcing a recall on approximately 50,000 midsize SUVs in Canada due to an assembly issue, adding to the 750,000 units that were recalled in the U.S. last week. Affected models include the 2020-2023 Highlander and Highlander Hybrid . The recall notice posted by Transport Canada says the front …
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