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‘Supercars’ are in for a big upgrade with the addition of ‘Nash Cars’

August 17, 2021adminConditionsautomobile association, canadian automobile association, nash automobile, rambler automobile

The next generation of “supercars” are coming to Canada, and it’s time for a new breed of automaker to take the wheel.The next generation has long been the province’s automotive industry dream, but with the end of the auto manufacturing boom and a number of new entrants coming onto the scene, the future of Canada’s…

When the car boom dies off in 2020, automakers will likely need a $4.3 billion bailout

By 2020, car companies are likely to need $4 billion in government bailouts, according to the American Automobile Association.The automaker industry has been in a crisis of its own making.It has lost a record $20 billion in market value since its 2007 peak, according the AAA.Its sales and profits have plummeted from a peak of…