Dealers keen on tracking aftermarket progress may be interested to know that overall gas consumption for 2023 was nearly 43 million cubic metres — 17.3% above the lowest point seen in the 2020 pandemic year, and 1.1% above 2019 results. …
Building a domestic supply chain can help secure Canada’s role in an EV future The Canadian automotive industry, emerging with renewed energy following the pandemic and resulting supply chain disruptions, is inevitably moving towards a future dominated by electric vehicles. …
The game has changed, and dealers need to adapt their approaches to the new market realities During the inventory shortages of the pandemic, the sun was shining on used car operations in dealerships and they were certainly making hay. We …
Sometimes when you work in the auto industry, you just can’t seem to escape it. It grabs you. Michael McGhee, the new Senior Vice-President and Head of TD Auto Finance Canada is back in the role for a second go-round. …
A new report from J.D. Power reveals that loans represented 51 per cent of new vehicle transactions in Canada over the past 12 months, whereas cash represented nearly half that amount at 26 per cent and leases were 23 per …
A new Leger survey for the Tire and Rubber Association of Canada reveals that, although 77 per cent of consumer respondents understand that correctly inflated tires improve fuel economy and reduce emissions, knowledge gaps remain around how to measure and …
This week’s reported decline in Canadian used wholesale market prices dipped to -0.44% for the period ending on May 4, according to Canadian Black Book’s latest Market Insights report. As a reminder, the prior week’s decrease was -0.27%, while the …
U.S. News & World Report recently recognized a trio of Hyundai vehicles for its 2024 Best Cars Hybrid and Electric Car Awards. The company evaluated 96 hybrid, plug-in hybrid, and battery-electric models before naming award-winners in 10 vehicle categories. In …
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 …
The Canadian Premier League (CPL) and founding partner Volkswagen Canada have teamed up to launch a program meant to honour five Canadians who are positively impacting their communities through their love of soccer. The program originally launched in 2022 and …
Now that Honda Canada has committed $15 billion in the future towards building electric vehicles in Ontario, the president/CEO of the company in Canada is hoping all of its dealers embrace it. “Our (message to our dealers) is, I think, …
Dealers in Canada may remember that April 2023 was the weakest month of that year from an automotive sales standpoint, suffering a lacklustre SAAR of 1.48 million units. This year the story is different. New light vehicle sales have increased …
