Budget that toppled government worth reviewing The federal budget that was presented on March 22 was, like all budgets, cre- ated by mixing equal parts economics and politics. As it happens, the budget quickly turned into an election platform for …
Used-market could decline over next few years Trade-ins provide the primary supply of used vehicles for dealerships to sell. But off-lease and off-fleet vehicles are major second- ary sources of used inventory. It’s no secret that both new-vehicle leases and …
Why aren’t small-car sales soaring? Gasoline prices have been rising steadily since last September. As this is written, Regular gasoline is running in the range of $1.28/litre in the Toronto area and if the current rate of increase continues, prices …
There’s never a bad time to work on succession planning Over my many years of practice I have witnessed many different ways that dealers plan for the road ahead. One thing is true — when ahead becomes now, very few …
All hybrids are not created equal Like it or not, electrically powered vehicles will soon be part of the product mix you’re selling… if they are not already. Increasingly restrictive fuel economy regulations mandated by the U.S. government and paralleled …
Dealer groups continue to grow. What does this mean for you? The trend towards large dealer groups is spreading from coast to coast. Beyond the synergies and the economies of scales, what’s behind this? And is there such a thing …
How Budds’ Oakville, Ontario, Collision Centre is taking front and center stage in the industry “It’s all about Six Sigma,” says Budds’ Collision Vice President and General Manager Sam Piercey, as he draws a little diagram on a piece of …
Chaos in Japan underlies fragility of global supply chain As I write this article, about one month after the 9.0 magnitude earthquake and subsequent tsunami hit the northeastern coast of Japan, the extent to which the Japa- nese, and indeed …
Purchasing co-operative now servicing Ontario dealers Leader Auto Resources, more commonly known as LAR, is well known to dealers in eastern Canada. Now it is expanding its reach further into Ontario, with a focus on Toronto area dealers.To that end, …
Dynamic entrepreneur Mike Trotman shares recipe for success When we last caught up with B.C. auto dealer Mike Trotman, he had just been named to the prestigious Top Forty under 40 list by Business in Vancouver magazine. In the course …
NADAguides has just released its NADAguides Annual Best Car Buys for 2011. The report is based on an in-depth scoring system developed by NADAguides using criteria that matters most to consumers including price, first-year depreciation value, fuel efficiency, warranty coverage, …
The U.S. Patent Board has crowned General Motors number one in its quarterly report. The report outlined GM as the number one innovator of the 182 companies in the Board’s report. The parameters for the report were based on measurements …
