Geely confirms Canada entry with first cars in 2027 — but no models yet

The first high-riding member of the AMG GT family is here with three fully electric powertrain options and fake engine noises Mercedes-AMG is working on several new V8 models, but at the same time, it's been developing this: the new GT SUV, its first-ever electric SUV. While it could easily be dismissed as just another absurdly powerful family hauler, the brand says it has real sports-car DNA and offers much more than insane straight-line performance.

Dan Clougher is an automotive journalist and former classic and sports car dealer with hands-on experience across luxury, performance, and collector vehicles. Before joining CarBuzz, he managed his own showroom and worked with both independent and franchise dealers, specializing in classic and high-end models. Since 2023, Dan has contributed to HotCars and CarBuzz, producing news coverage, buyer’s guides, and in-depth features on classic and modern cars. His work draws on a practical understanding of the used and collector car markets, with a focus on value, rarity, and historical significance. High depreciation in the luxury segment is nothing new, and in fact, it's something we've covered here plenty of times in the past at CarBuzz. However, while there certainly is plenty to celebrate about a $40,000 luxury sedan now selling for $12,000, or tanking EV prices, this piece zeroes in on some of the biggest losers when it comes to plummeting values. Fully loaded SUVs from some of the most prestigious automakers are, on paper, properly desirable cars.

Classic gems, tasteful customs, legendary supercars - for Silvian, they're all fair game. He's been in love with cars and motorcycles for as long as he can remember, so it made perfect sense to eventually turn that passion into a full-time writing career. Around six years and more than 3,000 articles later, he is still going strong and doesn't plan on hitting the brakes anytime soon. About a year ago, General Motors said it will be axing the current Cadillac CT5 after 2026, and production is scheduled to end in December. That said, the CT5 will be returning in about two years as a 2029 model, but the timeline leaves us with some important questions regarding one of GM’s production facilities. We’re referring to the Lansing Grand River plant up in Michigan, whose future seems very uncertain until CT5 production resumes. The factory might be on its way toward an extended pause while the next Cadillac luxury sedan is being developed, as GM hasn’t clarified its plans in that regard.

Matt Nelson is an automotive journalist with nearly a decade of experience in all things cars.  He's spent years working at dealerships in sales, finance, and service. He's since traded in his pens and wrenches for a keyboard, and leveraged the expertise gained from his work experience into a writing career. When it comes to cars, facts, and the truth, Matt’s equal love for all three meant automotive journalism was the only path forward. Ever since the age of six, when he’d spend his time helping his father fix his family’s old Buick, Matt has had a keen interest in anything and everything with four wheels. Naturally, once Matt started working, he ensconced himself in the automotive industry and held positions spanning from car detailer, mechanic, to automotive sales and finance. Because he’s seen it all, driven most, and heard a lot, auto journalism came naturally to him. With a passion for cars like Matt’s, it’s safe to say every article will showcase his penchant for truth, accuracy, and overarching desire to make sense of the modern, complex automotive world. This means every one of his readers can be at the forefront of the most important automotive news.

Classic gems, tasteful customs, legendary supercars - for Silvian, they're all fair game. He's been in love with cars and motorcycles for as long as he can remember, so it made perfect sense to eventually turn that passion into a full-time writing career. Around six years and more than 3,000 articles later, he is still going strong and doesn't plan on hitting the brakes anytime soon. Remember the subprime mortgage crisis that ultimately resulted in the global financial meltdown of 2008? Bad loans, sketchy financial instruments, and defaults from high-risk borrowers plunged the world into the worst economic downturn since The Great Depression. Lessons were learned and measures have been taken to make sure something like that never happens again – right? So you’d think, but there’s a reason why we’re bringing up the GFC and it most certainly isn’t good. A Reuters report recently brought some chilling details to light about the current state and trajectory of auto loans in America. Many parallels can be drawn between where said market stands right now and the factors leading to the housing crash nearly two decades ago, which is rather concerning to say the least.

Gilbert Smith is an automotive journalist with over five years of specialized research and writing experience. Before joining CarBuzz in 2024, he produced in-depth buyer’s guides and feature articles for Vehicle History, focusing on practical insights and detailed automotive analysis. The Mazda CX-30 was already one of the most affordable crossovers on the market, and a number of lease and purchase incentives for October are helping to make the deal even sweeter. From thousands of dollars in cash back to rock-bottom APR, here are our favorite Mazda offers.