Rental-car giant Hertz declared bankruptcy this month and cancelled 90% of its new fleet orders due to COVID-19. “General Motors has been the single biggest supplier for the Hertz fleet of 567,000 vehicles in the United States, with GM models …
Brian Murphy, VP, Research & Analytics at Canadian Black Book, explores the good, the bad and the ugly where the auto industry, and auto retail, is concerned, covering everything from new and used vehicles to residual values, auctions and recession …
Hyundai Canada is offering Canadian first responders and health care workers exclusive dealer invoice pricing as part of a recognition program. The move is meant to recognize the work being done by these workers on the front lines of the …
Patrick Roosenberg, Director of Automotive Finance, J.D. Power discusses the findings of the J.D. Power 2020 Canada Dealer Financing Satisfaction Study that was just released. Why are some lenders more popular than others? It’s about personal relationships and trust, says …
John Kiser, Senior Vice President of Automotive & Mobility at Ipsos, talks about the company’s recent study on the impact of COVID-19 on consumers and their interest in buying vehicles. The findings reveal some good news for dealers, and a …
Quebec experienced the steepest decline in provincial sales in April, in terms of percent change, with an estimated 84.6% decrease, according to DesRosiers Automotive Consultants (DAC). In its latest update on provincial sales, DAC said new light vehicle sales in …
Vehicle research among users on Kijiji Autos is on the rise despite the impact of COVID-19, according to the company’s Monthly Trend Report for April. Online engagement on the platform has been increasing overall, and in Quebec in particular, there …
Digital Air Strike, which implemented social media marketing and advertising technology on Facebook during the COVID-19 crisis, has been selected by the social media company for a limited beta test that has the potential to help dealers. Specifically, the test …
Ford shutdown an assembly plant in Dearborn, Michigan because one person tested positive for COVID-19, and closed another plant in Chicago due to parts shortage and more positive cases. The move comes amid plans to restart North American production. “The …
Automakers are building configurations of vehicles that could negatively impact OEMs and dealers. Doug Betts, President, Automotive Division at J.D. Power calls certain configurations — the less desirable ones — “unicorns”. “If you’re building configurations of a vehicle that are …
As the U.S. economy slides, pickup trucks have proven to be of interest to consumers but some auto dealerships are worried they will run out of inventory due to an impending shortage. “Our biggest issue will be if we don’t …
European vehicles that are imported into the U.K. may be subject to a 10 per cent import tariff next year unless a free trade agreement is reached with the European Union. The U.K. is planning to default to World Trade …
