Consumers are looking to buy a vehicle this year either before or after the pandemic, according to a recent CarGurus study. The report, entitled Canada COVID-19 Sentiment Study (June 2020), covers three categories of car shoppers for 2020: initial prospective …
Could the decline in sales among franchise dealers trigger more dealer consolidation? That is the question DesRosiers Automotive Consultants (DAC) asked in an update, noting that the market collapse stemming from the pandemic has paved the way for significant declines …
Dealerships can expect big changes to the Canada Emergency Wage Subsidy (CEWS) program where eligibility and program duration are concerned. The federal government proposal aims to eliminate the 30 per cent revenue drop threshold that garnered frustration among the business …
Canadian wholesale trade was up 5.7% in May from a month earlier — the most significant increase in nearly 17 years, according to Statistics Canada. The rise comes amid governments slowly relaxing COVID-19 restrictions. “Analysts in a Reuters survey had …
Daimler will stop building Mercedes-Benz sedans in the U.S. and Mexico in an effort to cut costs and streamline production amid the pandemic. “The German automaker made the announcement when revealing that it is shaping up to post an operating …
Lyft will distribute 60,000 shields for drivers to use as a partition between passengers. The company began designing semi-rigid partition shields made out of a polycarbonate material months ago. “It was critical to us that the design met the needs …
New York State plans to invest in new charging stations and other infrastructure for electric vehicles, according to an announcement from Governor Andrew Cuomo. The total budget for the program is $701 million until 2025. “However, an additional $48.8 million …
Some European OEMs are seeing a recovery in autos: Daimler experienced a gradual recovery in orders in the latter part of Q2, while Volkswagen AG is predicting the rebound in China’s car market will pick up. Volvo AB is one …
Last week the federal government provided a fiscal snapshot revealing the extent of pandemic-related damage on the Canadian economy — and the damage was apparent in various areas. According to Canadian Black Book’s latest COVID-19 update, the expectation is that …
Seventy-seven per cent of car shoppers intend to buy a vehicle now or within the next two or three months after the lockdown, according to a Kijiji Autos COVID-19 Consumer Sentiment Survey. That is just one of the stats provided …
Digital responsiveness in the age of COVID-19 has been accelerated in part by dealers being pushed to be more active and proactive, according to Carl Boyer of Quebec-based Infra Info. In an interview with Canadian auto dealer, Boyer said the …
Subaru Canada has introduced RAPID RTC Live Dealer, meant to connect online customers with salespeople in-real time through an audio/visual consultative sales process. Described as an immersive and omni-channel experience, the digital tool allows customers to choose the communication channel …
