Technavio, a leading global technology research and advisory company, has released its report of the used car market in the United States. According to Technavio, there will be an incremental growth of 3.91 million units in the U.S. between 2021-2025. …
Vehicle inventory is down, which means dealers are struggling to keep up with consumer needs. At the same time, consumers are left with their second or third choice. “With cars in tight supply, George Epitropou says inventory at all six …
The U.K. government announced a plan that will provide “a world-leading ‘greenprint’ to cut emissions from our seas and skies, roads and railways, setting out a credible pathway for the whole transport sector to reach net zero by 2050,” according …
Volkswagen has a “New Auto” business strategy that will introduce new technology and make electric vehicles more profitable for the group’s brands, according to Auto Express. “The VW Group says that the internal combustion engine market will shrink by more …
The Chicago Auto Show’s first show in more than a year was different from the pre-pandemic norm, but not in the way one would expect. According to Autoblog News Editor Joel Stocksdale, masks were not required, large tablets were available …
General Motors is warning some owners of its 2017-2019 Chevrolet Bolt EVs that were part of a recent recall not to park the cars inside or charge them unattended overnight, due to a potential fire risk. “General Motors has been …
Where are all the used vehicles headed? According to DesRosiers Automotive Consultants (DAC), nearly 310,000 units flowed into the United States in 2020 and a smaller number (less than 9,000 units) were imported into Canada. There are many factors that …
Carfax Canada launched a new service retention program for dealers called Carfax for Life that works together with its Care Care app. The program is meant to help dealerships increase customer loyalty and drive repeat business in their service departments …
The Policaro Group announced plans to build a new Porsche Centre at a ground-breaking ceremony in Kitchener-Waterloo. The new dealership is set to be the group’s second Porsche franchise. The ceremony included remarks from Francesco Policaro, CEO of Policaro Group; …
StressCrete Group, which manufacturers spun concrete poles and light fixtures, launched a new product known as the VoltLock: a concealed Level 2 electric vehicle (EV) charging station built into the company’s Alexander pole. According to StressCrete, the product is meant …
The provincial government in New Brunswick launched a rebate initiative for drivers in the province who want to purchase an electric vehicle. Consumers can lease or purchase an eligible EV from a dealership in the province, and then receive a …
A “cautious” slowdown hit the Canadian used vehicle market where wholesale values are concerned for the week ending on July 9, according to Canadian Black Book. In its latest auto market update, CBB said used wholesale values were down 0.41% …
