Michael Carmichael, President & CEO of UpAuto, talks about the measures his dealerships have implemented due to COVID-19, and offers his take on the push to add more and more digital tools.
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.
Mark Hicks doesn’t make much of a fuss about celebrating 30 years as a dealer principal, but he’s very clear-eyed about the leap of faith that brought him to this point in his automotive career. The 69-year-old Manitoba-raised businessman owns …
With misinformation around the average cost of new vehicles, and potentially higher prices to come as a result of tariffs, DesRosiers Automotive Consultants has pulled its data to showcase the final average transaction price for 2024 for the overall market …
The U.S. automotive industry likely faces a “hangover” as prices rise and new vehicle sales remain flat, according to ZeroSum’s July 2025 State of the Dealer report. Many of the same trends and patterns will likely show up in the …
Canadian Black Book’s Used Vehicle Retention Index rose slightly in March, increasing 0.3 points to 132.5, up from 132.2 in February. Year-over-year, the index declined 5.3 per cent. The modest increase reflects typical seasonal patterns in the wholesale market, where …
Last week, Canadian Black Book’s update revealed the used wholesale market experienced a decline of -0.12% in pricing for the period ending on March 8. Prior to that the market was down -0.19%. CBB said car segment prices decreased by …
Canada’s used wholesale market weakened in the week ending Feb. 7, according to the latest Market Insights report just released this week, according to Canadian Black Book. Overall wholesale prices fell 0.71 per cent, steeper than the 0.32 per cent …