Interest rate hikes caught some by surprise. Here’s what’s behind it. In June, the Bank of Canada announced that it had increased the target for the overnight interest rate to 4.75 per cent. This may come as a surprise for many Canadians, …
Dealers seeking to keep tabs on the peer-to-peer car sharing marketplace may be curious to note that Turo, which continues to grow and expand its partnerships, is now GO Transit’s official car sharing partner. GO Transit is a division of …
One hundred thousand dollars was raised for Make-A-Wish Canada during the 2023 Honda Indy Toronto event, thanks to the help of race fans, the Honda Canada Foundation (HCF), and the Ontario Honda Dealers Association (OHDA). The proceeds will help support …
HoneyBadger Charging installed its first public EV charging station on Vancouver Island this week. The company was founded and is owned by University of Victoria (UVIC) alumnus Andrew Johns and is located at 1854 Emery Pl, Victoria, B.C. — near …
Dealer group Dilawri and Volvo Car Canada recently announced the opening of North America’s first Volvo Retail Sustainable Experience (VRSE) facility, the OEM said in a news release. Known as Volvo Cars Richmond (formerly Volvo of Vancouver), the VRSE facility …
The pandemic may feel like a thing of the past for many people, but the impacts are still being felt across the country — including within the automotive market. The COVID-19 crisis and vehicle supply shortages that ensued created chaos, …
Not all websites get the best ratings from consumers, but when it comes to automotive manufacturers, overall satisfaction for their U.S. websites has been steadily climbing since 2022. That is according to J.D. Power’s 2023 U.S. Manufacturer Website Evaluation Study …
Reynolds and Reynolds recently announced the acquisition of Xzilon, a California-based company known for its vehicle protection and appearance protection products. The acquisition targets dealership F&I departments as Xzilon products, including its Carbon Ceramic with Graphene and Diamond Grade 9H …
The Policaro Group recently announced that a new location is being prepared for its Northwest Lexus store, which will also be in Brampton, Ont. — a move that aims to reflect ongoing growth and investment in that community. “Northwest Lexus …
The Edmonton International Airport (YEG) is now home to 100 Toyota Mirai cars, the first fleet of hydrogen fuel cell electric vehicles in Alberta thanks to a partnership with Toyota Canada. YEG’s President and CEO Myron Keehn called the announcement …
The Canadian used wholesale market saw prices dip even lower for the week ending on July 15, now at -0.38%. For the prior week, prices dipped -0.32% and the 2017-2019 average for the current period is -0.21%, according to Canadian …
Salespeople need to be people-driven and not profit-driven when dealing with customers, said a North American automotive sales trainer and recruiter. He believes change starts with upper management. Brian Maxwell, who is based in Florida and has done some consulting …
