Edmonton-based AutoCanada, the largest multi-location and first publicly traded franchise automobile dealership group in Canada, reported a big increase in its Q2 revenue and gross profit. Revenue from existing and new dealerships increased by 75.6 per cent or $351.8-million to …
So far, Canadians haven’t warmed up to electric vehicles, but a new study found there’s a strong appetite for hydrogen fuel-cell electric and non gasoline-powered vehicles. Canadian research company Ipsos Reid conducted a poll on behalf of Hyundai Auto Canada, …
Ontario Motor Vehicle Industry Council (OMVIC) is cracking down hard on illegal, unlicensed auto dealers known as curbsiders, to prevent unfair business practices. That’s information franchised dealers can use to educate their prospects. Most recently, Zhijun Wang of Toronto, an …
TrueCar Inc. founder Scott Painter will step down as CEO later this year, announced the U.S. online, no-haggle car-shopping site after reporting its Q2 earnings. “After a decade of building TrueCar from an idea into a public company, I have …
Adayana Industry Group, which develops online course content to help automotive technicians become ASE-certified, is updating its 70+ course assets. These are the courses that have served thousands of automotive technicians, with more than 1-million course completions to date for …
New-vehicle sales in Canada began the second half of the year with the same intensity they exhibited in the first half. July sales of 177,844 vehicles once again set a new monthly record, for the seventh month in a row. …
Western dealers can look forward to the next Kijiji DealerTalk conference in their backyard. “We wanted to give the dealers in Alberta an opportunity to take advantage of hearing the speakers and not necessarily have to fly all the way …
The recent Jeep Cherokee hacking incident that resulted in 1.4 million vehicles recalled has U.S. consumers concerned. So concerned that many think vehicle hacking will be a frequent problem within the next three years, according to a new Kelley Blue …
Dealers who subscribe to online shopping site Carpages.ca will now be able to offer customers complimentary Carfax vehicle history reports that are included with inventory. Carpages.ca announced it has partnered with Carfax Canada to help enhance the used car shopping …
Middle-market private equity firm HGGC is investing in automotive software provider Dealer-FX, which helps service departments provide a better customer experience. “Inconsistent service advisor performance is one of the key forces driving customer distrust and defection, which is why 50 …
Dilawri Group of Companies, one of the largest automotive retailers in Canada, has completed the initial public offering of its REIT designed to accelerate the company’s growth. This REIT is the first publicly-traded one of its kind in the Canadian …
Sonic Automotive has made a few executive changes that helps it secure the founding family’s leadership. Scott Smith has been appointed CEO of Sonic Automotive effective immediately, announced the Charlotte, N.C.-based automotive retailer, one of the largest in the U.S. …
