U.S. used car index drops in April
Black Book’s Used Vehicle Retention Index for the U.S. declined in April for the fifth consecutive month — but it’s still higher than it was a year ago. Data shows that the index was at 113.6 in April, which is …
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Study to guide Quebec on future mobility
A new study on the regulation of electric and smart transportation was recently released by the The Chamber of Commerce of Metropolitan Montreal and Propulsion Québec to help the province, and Montreal, distinguish themselves in this area. “The future of …
“Data” jobs top 2019 CareerCast list
Connected cars, consumer data and cybersecurity — these are three important areas that are expected to gain momentum in the coming years within the automotive industry, while also pointing to the importance that data itself will play in the sector. …
Toyota will build Lexus NX in Ontario
Toyota Canada announced on Monday that it will build the Lexus NX and Lexus NX Hybrid compact luxury SUVs at its Cambridge plant in Ontario as of 2022. The company’s Cambridge factory, along with its plant in nearby Woodstock, currently …
The challenge with autonomous cars
Tesla’s CEO Elon Musk made headlines when he predicted the company will have autonomous robo-taxis on the road in 2020 — but that timeframe seems unlikely, according to research from Warwick Business School and Jaguar Land Rover. They argue that, …
U.S. used car values losing steam
The U.S. used vehicle market is beginning to lose some of its momentum, according to data from Black Book. “Spring market strength is starting to fade as positive adjustments to values slowed down last week. We are seeing more no-sales …
Ontario students compete in NATC contest
Students from Markham, Ont., placed 12th at the prestigious National Automotive Technology Competition on April 24 in New York City. The grade 12 students, Vincent Servinis and Samuel Luff from St. Brother André Catholic School, represented the Trillium Automotive Dealers …
Much innovation anticipated for 2019
Connected, shared, electric, and autonomous technologies are expected to be the dominant factors of innovation within the automotive industry this year, according to recent findings from Frost & Sullivan. In their Global Automotive Industry Outlook 2019, they see the global …
It may be time to face the R-word
Is there a recession on the horizon? Evidence suggests that a typical period of economic recovery and expansion last anywhere from 12 months to 10 years. It has now been a decade since the last economic contraction, explaining partly why …
The case for rethinking the path to electrification
Confusion over EV terms and technology remains We’ve all heard it, ad nauseum: the future of mobility is electric. You may even have seen it in this column. If so, let me refine that statement just a little: the future …
Industry disruption is on the horizon for auto retail
Canadian auto dealer is proud to introduce a new columnist who will be sharing his expert insights on new mobility trends that will be impacting dealers, consumers and OEMs. There’s something interesting about industry disruption, you can almost always see …
Are we past the peak?
Slowing sales tell only part of the story. Population growth and other changes could fuel more growth. Those who have been in the automotive industry for any length of time know that the industry is a cyclical one and all …
