J.D. Power released its Automotive Market Metrics for Canada on December 6, which shows that the percentage of total transactions for new vehicles over the past 12 months was 54% for loans, 29% for leases, and 17% for cash payments. …
Cox Automotive Canada was named one of Greater Toronto’s Top Employers for 2022, now for the third consecutive year. “This award recognizes us as a great employer, and there is no doubt it is the contributions of all Cox Automotive …
ADESA and CoreKinect announced the deployment of a fully automated vehicle tracking solution. The new service from KAR Global’s unit was described by the company as the first of its kind to be fully deployed in the industry. It combines …
Stellantis and Hon Hai Technology Group (otherwise known as “Foxconn”) are teaming up to design semiconductors to support Stellantis and third-party customers. In a news release, the CEO of Stellantis Carlos Tavares said their “software-defined transformation” will be powered by …
U.K. new car sales improved slightly in November, even as semiconductor issues persist. Following four months of declining new car registrations, Auto Express said the SMMT recorded a 1.7% increase in November. However, “What looks like a positive performance belies …
The AWIN Group of Dealerships in Ontario is reportedly planning to include a dealership showroom concept into “the base of a new 29-storey, Giannone Petricone Associates-designed tower containing 240 condominium units” around 550 Adelaide East in Toronto, which would replace …
Doyle Dodge in Sudbury, Ont. celebrated 100 years in the community this year by, among other things, supporting local nonprofits and charities. “It would be really easy in a pandemic with all the changes and difficulties in our own personal …
Tesla CEO Elon Musk is planning to include a four-motor version of the Cybertruck electric pickup, along with four-wheel steering for off-road maneuvering features, according to Green Car Reports. “When the Cybertruck was unveiled in late 2019, a three-motor version …
American truck and SUV manufacturer Rivian was offered incentives by the U.K. government to build a £1billion (approximately CA$1.69 billion) vehicle-production facility in Somerset, according to Auto Express. “The perks include a new exit off the M5 motorway for easy …
Sales of 110,448 new vehicles in Canada in November, as estimated by DesRosiers Automotive Consultants (DAC), were down 13.9% from the same month last year and 23.9% from November 2019, which was the last pre-pandemic year for comparison. As a …
AutoCanada completed the acquisition of 11 dealerships from the Autopoint Group, which continues to operate across Southwestern Ontario after more than 17 years. In a news release, the group said the dealerships generate annual revenue of more than $345 million, …
Canadian automotive leasing company Auto|One officially opened their new dealership on Windmill Road in Nova Scotia on Dec. 1, 2021, and in so doing launched their Maritime leasing operations. The company offers leasing on both new and used vehicles, across …
