Auto industry veteran Steven Landry has joined the board of directors of DecisioningIT, a well-known Canadian player in finance decisioning solutions. The company, which has recently expanded their services from Quebec into Ontario and British Columbia, plans to continue expansion …
Canadian Black Book announced winners of the hotly-anticipated 2022 Best Retained Value Awards during their 11th annual TalkAUTO Canada conference. Retained values of 2019 model year vehicles managed to top last year’s record-breaking valuations by almost 20 per cent, with …
In Quebec winter tires are required by law, but the rest of the country is slowly coming around to the importance of having winter tires on their vehicle, says a new Leger report commissioned by the Tire and Rubber Association …
As vehicles become increasingly connected to our personal devices and information, when a consumer sells a car, they want to be sure that the data that they have amassed on that vehicle does not get passed on to the new …
Understanding and using TikTok is the best social media platform for car salespeople and dealers to generate leads and convert them to sales, according to an industry digital marketing coach. Marc Lavoie, Founder and Content Director of Autobahn Academy, which …
Strong numbers in the luxury auto sector are driving The Kelley Blue Book new-vehicle average transaction price (ATP), which increased to $48,281 in October, slightly lower than the revised all-time high of $48,301 set in August. October 2022 prices rose …
TRADER Corporation just reached a blockbuster deal with Cox Automotive to acquire several Canadian subsidiaries, the companies reported late Wednesday. The deal pertains to Dealertrack Canada, VinSolutions, Dealer.Com. Xtime and Kelley Blue Book. TRADER noted in the release that most …
The transition to electric vehicles and the streamlining of digital technology in management and sales were the major topics addressed in the 2022 CADEX conference Thursday at the Marriott Harbourside in beautiful Halifax, N.S. The Nova Scotia auto dealer community …
Sales projections for the Canadian and global auto industry, supply shortages, vehicle residual value trends, electric vehicle growth projections, changing consumer journeys and the need for a more diverse and inclusive workforce were all key topics tackled at the first …
When dealers are charging over MSRP for new cars, consumers are increasingly unhappy with their buying experiences, according to the newest J.D. Power 2022 Sales Satisfaction Index (SSI) Study. The supply-chain issues which have led to low inventories and higher …
The Canadian used wholesale auto market was down -0.27%, according to Canadian Black Book. The 2017-2019 average was -0.29%. The Canadian wholesale market for used cars declined, down -0.25%, and trucks were also down more from last week at -0.29%. …
The shift to electric vehicles is responsible for many changes in the automotive industry, one of which is the arrival of the direct sales model, which forgoes dealerships entirely. Introduced by Tesla and picked up by a number of other …
