Will 2024 be a return to normal?
Is there even a new normal in the dealership world or is the business just in constant evolution? Often when I speak with folks from auto retail, I often get the question “when do you think things will be back …
News
Consider the 4 rules of business — and prioritize
Focus on mastering basic rules of business to improve your bottom line. The following four rules of business can act as a template for charting and planning overall performance improvement for your variable and fixed operation. As a dealer principal …
U.S. auto sector projected to sell 13.2% more new vehicles in December compared to 2022
The automotive forecast in the United States for the month of December, in terms of total new vehicle sales that include both retail and non-retail transactions, is expected to reach 1,396,700 units, according to a joint forecast from J.D. Power …
eBliss continues push to bring e-bikes to auto retail with new hire
U.S.-based e-mobility solutions company eBliss Global has hired auto industry veteran Dave Boyle to help bring the company’s Always Brand e-bikes to dealerships. In a previous Canadian auto dealer news we discussed that eBliss Global had partnered with Pretra Automotive Products, …
KBB reveals 2023 top used AWD vehicles under $20K, with Subaru topping the list
Kelley Blue Book has revealed its list of 10 Best Used All-Wheel-Drive Vehicles Under $20,000 for 2023. The 2018 Subaru Outback tops the list, thanks in part to its standard AWD and interior space, but also due to a more refined …
AWIN Dealerships donate $10,000 and non-perishable food to Daily Bread
Ontario’s AWIN Group of Dealerships announced that they have collected 7,497 pounds of food donation and $10,000 to support the Daily Bread Food Bank in hopes of supporting people in need during the holiday season. “At AWIN, we believe in …
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 …
Dealers lukewarm about Ottawa’s ZEV standards
Canada’s Electric Availability Standards, which the federal government formally announced this week as part of its plan to eliminate gas-powered vehicles and replace them by 2035 with zero-emission vehicles, has drawn mixed reviews from some dealers and dealership groups that …
All provinces enjoy double digit sales growth in November
Year-over-year sales growth continued into November with all of the provinces enjoying double digit increases for the month, according to DesRosiers Automotive Consultants (DAC). The data is based on reporting manufacturers. The largest increase came from Saskatchewan, which was up …
Most EVs enjoy lower cost of ownership than ICE counterparts, study shows
A new study from Vincentric, in which the company reviewed 40 electric vehicles from the most recent available model-year, versus comparable internal combustion engine vehicles, found that 38 of the EV models had lower total cost of ownership over five …
Used vehicle wholesale prices down -0.74%; no increases to segment values
Canadian used vehicle wholesale prices saw a decline of -0.74% for the week ending on Dec. 16, which was less than last week’s -0.96%. Based on Canadian Black Book’s Market Insights, the car segment was down -0.51% compared to the …
Ottawa officially unveils ZEV mandates; auto industry reacts
It wasn’t exactly the best kept secret in Ottawa. Auto industry insiders had a pretty clear idea that Ottawa’s zero-emission vehicle mandates were going to roll ahead pretty much unchanged despite unified industry efforts to persuade the government to change …
