Canadian automotive executive Steve Flamand was recently appointed president and CEO of Hyundai Auto Canada, overseeing both the Hyundai and Genesis brands in Canada after Don Romano, who previously held the position for a decade, was promoted, and will relocate …
Canada’s auto industry braces for a volatile 2025 Sales of new cars, both gas-powered and electric, in Canada rose in 2024, while used vehicle sales sagged and are expected to continue to drop. But 2025 could be one of the …
Arthur J. Madjarian, former Canadian Managing Partner at Dealer Solutions Mergers and Acquisitions, is coming out of retirement to develop a specialized M&A offering for Canadian automotive dealerships. The boutique offering will focus on select transactions and provide tailored solutions …
The federal government is providing over $1.1 million to eight projects to help reduce auto theft across the country, according to an announcement from Anita Anand, Minister of Transport and Internal Trade. The projects are part of the Vehicle Theft …
Canadian Black Book recently released its Used Vehicle Retention Index for February 2025, which saw the index sitting at 138.9 points compared to 138.0 in January. Year-over-year, CBB said the index is down -3.3%. “Wholesale vehicle values in Canada are …
Dealers may be interested in reviewing J.D. Power’s latest data-filled report on Canadian automotive market metrics for February, which reveals some small changes from the previous report. It shows the percent of total transactions over the past 12 months for …
Changing political regimes is impacting the road ahead for vehicle electrification mandates As many of you know by now, I have an acute interest in exploring the political questions beyond their headlines, trying to identify the nuances that can be …
There’s a murky picture of what lies ahead for auto retail in 2025 and you can’t believe everything you read For as many years as I can remember, the dawn of a new year was normally greeted with much anticipation …
These are scary times. I’m not impossibly naive enough to believe that progress on social issues, like diversity, equity and inclusion, will always move steadily upward, and that any gains that are realized will be maintained. The truth is, human …
Another exciting but challenging year is ahead of us The old adage that a New Year brings renewed hope and optimism is one that our sector will gladly embrace. As we enter the initial weeks of 2025, there is only …
Canadian auto dealer reached out to key lenders who serve the automotive retail industry to get a sense of their outlook and plans for dealers in 2025 Bankers, like most business leaders, like certainty. Or at least, a measure of …
EV sales are still strong, despite media fallout and government pullbacks At the end of each year we all tend to get a bit reflective both personally and professionally and look back on what we have accomplished over the past …
