Sym-Tech, a finance and insurance provider for the retail automotive industry, has acquired shares from auto finance group Rifco. The investment is a strategic move meant to add F&I value to automotive dealerships across Canada, the company said in a …
Car Keys Express released a product that would take automotive key replacement away from dealers and put it in the hands of retailers. The company is looking for new opportunities in Canada to enter the retail industry and is seeking …
Disruption and digitization within the automotive industry are two important themes that will be covered during this year’s Western Canadian Dealer Summit in Banff, Alta. The event will take place at the Fairmont Banff Springs hotel between Saturday, Sept. 23 …
Many OEMs are grappling with how to carve out a role in the new world of connected vehicles, ride sharing and selling mobility as a service. Toyota is the latest OEM looking to get a foothold in this brave new …
On Wednesday Aug. 16th, General Motors Co. announced that is voluntarily delisting its common stock from the Toronto Stock Exchange (TSX). The company’s shares will cease to be traded on the TSX at the close of markets on Nov. 30, …
Demand for zero-emission vehicles, or ZEVs, is small in Canada; they account for less than one per cent of total vehicles sales in this country. But one province, Quebec, hopes to change that. Bill 104 is legislation aimed at increasing …
TradeRev and ADESA have teamed up to launch a “Digital First” initiative that encourages dealers to use the TradeRev mobile app platform before sending cars to a physical auction. By doing so, they say, dealers can launch and win …
Automotive advertisers are one of the biggest groups taking advantage of converged TV and video advertising, according to a new report from Videology. “Canada Video Market at a Glance Q2 2017” shows that the number of all advertisers deploying cross-screen …
PBS Systems, a leading provider of Dealer Management Systems software, will hold their 19th annual dealer conference in Calgary on September 20-22. The two-day event will provide a fresh look at new developments and proven best practices in DMS software …
Urban Science’s 2017 mid-year Automotive Franchise Activity Report points to continued stability in the number of automotive dealerships in the U.S. A total of 18,199 dealerships (rooftops) as of July 1, represent a 0.2 increase from the January 1 …
The SaaS Awards program has named automotiveMastermind a finalist in three categories. The worldwide awards program recognizes and celebrates innovation in software. The nominations prove that the company’s technology “delivers the best results to our dealer partners,” said automotiveMastermind CEO …
For the third consecutive month and the sixth of seven this year, new-vehicle sales in Canada in July set an all-time record for the month. Sales of 181,834 new cars, trucks and utility vehicles were up 4.9 per cent from …
