Hyundai reportedly plans to reduce the number of combustion-engined models in its lineup by 50 per cent so it can invest in electric vehicles, according to Driving.ca. “While Hyundai did not specifically address a Reuters query on its plans for …
Stop building relationships on leased property — do it on owned property. Starting your conversation and building relationships on social media makes sense, it’s where the buzz is. But there is volatility in building it all on someone else’s property. …
A shift in climate change priorities for the U.S. means a better harmonization with Canada, a bigger push for zero-emission vehicles, and a greater need for the infrastructure — among other things. As many readers will know, Canada has essentially …
With everything the pandemic has thrown at the automotive industry, what is needed most now is the opportunity to recover. They say spring brings new life; it is the season of hope. It brings transformation and change — from darkness …
As we contemplate a return to the office in the coming months, there’s lots of discussion around a hybrid model that blends remote work with office-based work. At first glance, that seems easy enough to implement, but on closer inspection …
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. …
