Glen Demetrioff, Founder and CEO of RAPID RTC, talks about the company’s recent acquisition by Keyloop, why the decision was made, what this means for dealers in Canada, what’s coming up in the pipeline, and explores key changes since the COVID-19 pandemic started in 2020.
About Todd Phillips
Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.
EV transition opportunities and challenges that may affect Canada
A Canadian initiative that analyzed the economic impact of the auto industry’s shift from producing internal combustion engine vehicles to battery electric found that Canada has a lot at stake as it adjusts to a more zero-emissions future. In a …
Ottawa announces more investment to combat auto theft
This week, the federal government announced that it is investing $15 million to support law enforcement agencies’ work to combat the rising auto theft issue that has plagued the country for months on end. According to a news release, $9.1 …
A 25% U.S. tariff would severely impact used cars
When U.S. President-elect Donald Trump launched the threat of a 25 per cent tariff on all products entering the U.S. from both Canada and Mexico, the automotive industry took notice. While a lot of the focus has been on the …
FortisBC to shift from time- to energy-based rates Aug. 1
A change is coming to drivers in British Columbia who charge their electric vehicles at FortisBC’s stations. In a news release, the company said the change will be to how the total amount they pay is calculated. Instead of paying …
Kia Canada under fire for inventory practices
Kia Canada is facing intense media and public scrutiny after a CBC news story published this week revealed details of the company’s alleged plans to withhold sold vehicles from customers in an apparent bid to suppress their sales numbers to …
Building relationships with dealers can help auto lenders capture more market
A new study from J.D. Power reveals the importance of relationships, in that automotive lenders seeking to capture a bigger piece of the market must focus on building and cultivating relationships with dealers. The company’s 2024 Canada Dealer Financing Satisfaction …