The transition to EVs brings with it a whole new set of terminology. From the inception of the automobile, we’ve become accustomed to defining the performance of its powertrain with a standard unit of measure: horsepower. While not everybody knows …
A Quebec-based financing company is helping dealerships boost sales by taking advantage of the non-prime market. The ripple effects of the pandemic extend well into the many branches of the automotive sector — including auto financing, where companies are drafting …
Simple tips that can make a big difference. The COVID-19 pandemic has changed the ways in which we operate our businesses, and the automotive industry is no exception. With stay-at-home orders ranging from full-fledged lockdowns to businesses closing, we’ve all …
Succession planning can be complicated and it involves many moving parts, but whatever you can do in advance, do it now. All throughout history, ownership and management succession have continued to play an integral role in ground-level operations at automobile …
Planning delivers the “success” in succession. Francis Lamontagne is the president of Lamontagne auto, a Honda dealership in Rimouski, Quebec. He has four children, ranging from young teen to tender adult age. He started to work at the dealership, owned …
We write a lot about succession in the pages of Canadian auto dealer — including this issue’s cover story. That’s because the core audience of our magazine consists of dealer principals, who think a lot about these issues. And other …
Insights and comments from EV drivers that could benefit your customers. I once recorded a conversation with a potential electric vehicle (EV) buyer, where we talked about EV charging at home — and briefly discussed how to charge when traveling. …
Ontario’s performance is finally starting to ramp up after lagging behind the other provinces in terms of new light vehicle sales—a situation that dates back to spring 2020, when the market was hard-hit by the COVID-19 pandemic, according to DesRosiers …
The Canadian used vehicle wholesale market managed another positive performance with an increase of 0.35% for the week ending on May 25, even though it was down from the previous week’s 0.51%, according to Canadian Black Book. In its Canadian …
OpenRoad Auto Group is eyeing an opportunity outside of the automotive industry; the company is looking to Vancouver’s thriving residential real estate market where it launched OpenForm Properties. This is the company’s new design-driven residential development division and its first …
Phil Valachi, a veteran automotive digital retailing technology executive, has been tapped as Digital Air Strike’s new senior vice president of operations and client success at a time when digital retail appears to be gaining significant traction among dealerships and …
A company seeking to build the most comprehensive electric vehicle charging network in Canada just secured $3.1M to launch the expansion of its public EV plan. The company is ChargerQuest (CQ), founded by Christopher Misch who is well-versed in Canada’s …
