In its April Monetary Policy Report, the Bank of Canada said tariffs and trade uncertainty are expected to continue affecting the Canadian economy, including sectors tied closely to automotive manufacturing and retail. The central bank said current U.S. tariffs are …
Auto theft insurance claims and losses declined in Canada in 2025, according to new data released by the Insurance Bureau of Canada. The industry association said theft claims fell 24 per cent year over year in 2025, while the value …
AutoCanada has appointed Mike Woodward as Chief Financial Officer, effective July 6, the dealership group recently announced. The Edmonton-based company said Woodward joins the leadership team with more than 18 years of financial leadership experience across public and private organizations, …
U.S. new-vehicle price growth slowed in April as the market faced softer demand and shifting sales patterns, according to recently released data from Kelley Blue Book. The average transaction price for a new vehicle reached $49,461 in April, up 1.8 …
Canada’s used wholesale vehicle market continued to soften in the week ending May 9, though the pace of declines moderated compared with recent weeks, according to Canadian Black Book. Overall wholesale prices declined 0.21 per cent for the week. Car …
Team Velocity is expanding into Canada after being approved as a vendor in General Motors of Canada’s Dealer Customer Lifecycle program, known as the CSSR Choice Program. The Washington-based automotive technology company said Canadian GM dealers can now use its …
Canadian wholesale used-vehicle prices fell another 0.32 per cent for the week ending May 2, according to Canadian Black Book’s latest Market Insights report. Car segments declined 0.32 per cent, matching the drop in truck and SUV segments. The overall …
CarGurus has signed a multi-year partnership with the NASCAR Canada Series, becoming a presenting partner and the series’ official automotive marketplace. The agreement includes entitlement sponsorship for two races, beginning with the CarGurus 200 at Canadian Tire Motorsport Park in …
Automotive industry players in Canada likely heaved a sigh of relief after the federal government announced trade talks between Canada and the United States will resume. Both parties are eyeing a deal by July 21. It was not Canada’s automotive …
Go Auto has acquired two new dealerships in Richmond, B.C.: Go Richmond Subaru (formerly Richmond Subaru) and Go Richmond Kia (formerly Kia Richmond). “These acquisitions further solidify our presence in the Greater Vancouver Area and align with our strategic goal …
Fifty years after opening its first Porsche dealership and 65 years after it started as a business, Mark Motors Group celebrated both anniversaries in style. Earlier this month, the Ottawa-based dealership group opened Mark Motors Porsche Destination Centre, replacing the …
A practical exercise for dealership leaders to identify wasted time, improve processes, and better support technicians “Gemba” is a Japanese term used in Lean processes. It means “go to where the action is.” In a vehicle manufacturing plant, a CEO …
In a volatile market, dealers return to fundamentals I am writing this article just after Canada’s overtime loss to the USA in the men’s Olympic hockey tournament gold medal game. From a hockey perspective, it was an incredibly entertaining and …
Canada’s new automotive strategy arrives at a pivotal moment for the country’s automotive sector. After several years of regulatory pressure, supply chain disruptions, shifting consumer preferences, and growing geopolitical competition, the federal government has recognized the need for a more …
From employee benefits to HR to garage insurance, CADA 360 programs are evolving to help dealers better manage risk For dealers, risk management now extends well beyond garage insurance or workplace safety programs. It touches employee benefits, HR compliance, CGL insurance, …
How thoughtful succession and exit planning are shaping dealership value and continuity Consolidation continues to reshape Canada’s dealership landscape, bringing long-term planning into sharper focus. According to Landon Robertson, director of operations and corporate strategy at Templeton Marsh, the current …
Sym-Tech Dealer Services is betting that better-trained people and a better customer experience lead to stronger F&I outcomes In dealership F&I, performance is usually measured in results: revenue, product penetration, and consistency from one manager to the next. But Derek …
