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 …
After nearly 52 years of researching and writing about the automotive industry, Dennis DesRosiers, President of DesRosiers Automotive Consultants (DAC), is stepping back from the company to take on a consulting role. DesRosiers sold his remaining shares to his business …
Canadian dealers interested in learning more about driving trade-ins or how to take on Carvana will be able to do so by joining two conferences in the United States: The Auto Intel Summit and Digital Dealer Tampa — and both …
Car shoppers in the United States eager to get their hands on a new vehicle for a bargain price this coming Memorial Day weekend will instead discover record high prices and low vehicle inventory, according to Kelley Blue Book. However, …
Former President and CEO of Honda Canada Jerry Chenkin has joined HR4’s Board of Advisors to help guide the company towards further expansion. In a news release, the end-to-end employee life-cycle solution provider said Chenkin has more than forty years …
Serti has announced a new integration with the Mazda CLMP (Certified Lead Management Program) to dealerships under the banner that will see certain customers shifted to the sales department calendar. Specifically, potential customers seeking to purchase new and used vehicles …
Artificial intelligence tools are not just for autonomous driving. Dealerships can use this tech to grow and maximize their fixed ops department and revenue. Dealerships have adapted remarkably well through the pandemic, including managing the impact of supply shocks that …
The semiconductor chip shortage that has impacted a number of automakers across the globe may cost OEMs US$110 billion in revenues this year — up from a previous estimate of US$61 billion, according to AlixPartners. The forecast from the consulting …
