Year-over-year declines in car sales from the U.S., Canada and China have helped slow down the overall pace of global auto sales growth in July, according to Scotiabank Economist Juan Manuel Herrera. “So far in 2018, vehicle sales in Canada …
Average new car prices in the U.S. rose 1.8 per cent in August 2018 year-over-year, while remaining flat (up 0.1 per cent) from July, according to the analysts at Kelley Blue Book. “Average transaction prices are up for the industry, …
A recent report by J.D. Power revealed automakers are locked in a battle with phone manufacturers over consumer interests, and may have to cede the ground to tech companies. The 2018 U.S. Tech Experience Index (TXI) Study indicates that there …
Porsche’s experience centres, where consumers can enjoy “real-world fun” as opposed to a digital screen, indicates that immersive retail is still worth considering. The automaker’s two U.S. Porsche Experience Centers (PECs), located in Atlanta and Los Angeles, have garnered a …
Prime Minister Justin Trudeau has announced his intention to provide the University of Ontario Institute of Technology (UOIT) with up to $9.46 million in funding, according to a government news release. The donation is meant to enhance the UOIT’s Automotive …
The U.S. division of Fiat Chrysler Automobiles (FCA) has invested more than $30 million in a new autonomous driving and advanced testing facility at its Chelsea Proving Grounds in southeast Michigan. The investment is meant to help further the development …
Cyril Leeder has been appointed CEO of the Myers Automotive Group. The announcement was made by company owners Harry and Robert Mews. Leeder is expected to oversee the company’s operations in this newly created position. He will also help create …
U.S. new vehicle sales in August are expected to reach 1.49 million — an increase of about 100,000 units (1.0 per cent) from the same period in 2017, and nearly 10 per cent from the previous month, according to a …
Consumer views on the necessity of vehicle ownership are slowly changing, according to a 2018 Cox Automotive Evolution of Mobility Study on Alternative Ownership. Nearly 40 per cent of respondents — four per cent more than in 2015 — agree …
Canada is making good on its promise to revise its own vehicle emissions standards. The process has already begun; Canada’s Minister of Environment and Climate Change, Catherine McKenna, announced as much on August 20. The Government of Canada has since …
It’s old news that consumers want more transparency from car dealers when purchasing a vehicle — automotive retailers know this. But some dealers are still grappling with this notion, which in turn leads to a negative car buying experience from …
Toyota has recently invested $500 million in Uber, and announced Monday that it would expand its collaboration with the ride-sharing company. The carmaker’s goal is to advance and bring to market its “autonomous ride-sharing as a mobility service at scale.” …
