Brian Murphy, VP, Research & Analytics at Canadian Black Book, explores recession scenarios and talks about the economy, short- and long-term projections, new and used vehicles, and residual values.
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.
The federal government is expanding its support for electric vehicle infrastructure and innovation, announcing more than $10 million in new funding aimed at improving charging access and advancing EV motor technology. David Myles, parliamentary secretary to the Minister of Energy …
Ontario Hyundai dealers have raised more than $312,000 for Hyundai Hope on Wheels in Canada through the inaugural Whole Lotta Hope benefit concert, which was held May 28 at Toronto’s El Mocambo music venue. The event, supported by automotive retail …
U.S. used vehicle prices rebounded in March after reaching a 12-month low earlier this year, as seasonal demand and supply constraints began to push values higher. According to CARFAX, the average price of a used vehicle rose by more than …
The Canadian used wholesale market recorded another week of price declines, according to data from Canadian Black Book. For the week ending November 1, overall wholesale prices dropped 0.41 per cent, reflecting continued softening across both car and truck segments. …
U.S. President Donald Trump’s tariff strategy to shift automotive manufacturing from Canada back to the United States appears to be working, with Unifor calling for swift action after General Motors announced it would reduce shifts at its Oshawa Assembly plant …
Dealers keeping tabs on carsharing developments will be interested to note that Communauto, the City of Montreal, and the City of Longueuil have announced a major expansion for its service this year, the result of growing demand. In a news …
