Trevor Tamke, CPA, CA, Partner, Taxation Services, MNP, talks about the new Canada Emergency Wage Subsidy (CEWS) and explains what dealers need to know — including how they can qualify, and what the more recent additions to the program imply.
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.
Dealers in Canada may wish to familiarize themselves with the word “agentic AI,” because it’s already being introduced into the automotive industry. The latest development comes from a recent collaboration between Google Cloud and Qualcomm Technologies. The companies expanded their …
The U.S. auto market showed signs of slowing in April, according to Cox Automotive’s latest Auto Market Weekly Summary, as consumers pulled back on vehicle spending amid elevated fuel costs and growing affordability concerns. April’s seasonally adjusted annual rate (SAAR) …
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 …
HGreg Automotive Group has been named one of Canada’s Best Managed Companies for a fifth consecutive year, holding onto its position in the Gold category as recognition for demonstrating consistent performance over the years. “This distinction is a testament to …
July new vehicle prices in the United States remained mostly unchanged from June, according to estimates from Kelley Blue Book. They noted only a slight decline month-over-month as incentive spending sped-up and fueled strong sales volumes. However, they also said …
Distribution Stox is consolidating its Ontario operations with the upcoming opening of a new distribution centre in Vaughan, positioning the site as the heart of its Greater Toronto Area footprint. The company said the move from Brampton marks a major …
