I hated studying economics in school. Too theoretical, I thought. I’ll never see this in the real world, I thought. Boy, was I wrong! Economics explains the balance between customers’ unlimited wants and their limited resources (usually cash) to acquire …
In uncertain times, it’s best to “hope for the best, plan for the worst” The last time Canada had vehicle sales results as low as they were last year was during the financial crisis in 2009. The question on everyone’s …
Despite continuing challenges, there are encouraging indicators for the coming year As we move into the initial months of 2023, the auto sector continues to face significant supply chain issues which, in turn, have impacted inventory on many new car …
How to actually increase your market share during a slowing vehicle sales environment Vehicle sales may slow down over the next two or three business quarters. This depends on your brand and geography. However, even during periods of sales decline, …
NEW BRUNSWICK Century Auto Group successfully expands into Saint John market Investing into Saint John, New Brunswick, has been an intelligent business move for Century Auto Group, a Nova Scotia-based family-owned dealership group. Century Auto has been in operation for …
What BEV buyers need to know about EV-specific tires With sales of Battery Electric Vehicles (BEVs) rapidly increasing in Canada, it is important that customers, especially first-time BEV buyers, are well tutored in what to expect from their new vehicles …
Being creative with your real estate can be a great business boost One interesting intersection in the environment that many dealerships are now operating in is that of rising property values, at the same time that supply chain issues have …
A complex set of circumstances resulted in a year full of surprises, but what can we learn? The year 2002 will be remembered as one of the most complex in the history of the Canadian automotive industry, in particular for dealers …
Is this name familiar to you? Perhaps you saw her at the last Auto Show? Yes, she’s back! After leaving the automotive world for a few years to invest in the restaurant business, Marie-Eve is back in the publishing and …
While data seems to prove self-driving cars are safer, we’re still quite a ways away, says expert Chris Piche While it would certainly be wonderful to have your vehicle pick you up at your front door, then take you safely …
As I write this, the Year of the Tiger in the Chinese zodiac has just ended, with its turmoil and drastic highs and lows, and the Year of the Rabbit has just begun. The sign of the Rabbit is said …
For many of us in the automotive industry, there is plenty of time spent poring over charts and tables of data, trying to glean the insights the data is willing to yield. The Canadian auto dealer team has the benefit …
