While rising auto theft is dominating the headlines, that’s not the only thing rising: so are insurance rates. Many car dealers, particularly those in high auto theft regions, are seeing big spikes in their garage insurance rates. Consumers are also …
As he was riding his bike for 2,600 kms through nine countries in Europe, for six weeks this summer, Ted Davis didn’t think much about work. He said that was a sign that it was time for him to retire and …
A recent automotive survey found that the continued adoption of digital retail tools and plug-ins, including trade-in calculators, service schedules, and chat tools, have made dealer websites slower and more complicated for consumers. That is according to Shift Digital’s latest …
Motor Vehicle Retailers of Ontario (MVRO) CEO Todd Bourgon sat down with Tim Reuss, President and CEO of the Canadian Automobile Dealers Association (CADA), and had a good chat discussing the annual review as part of the MVRO Talks podcast. …
Dealers in the United States are experiencing renewed optimism for the future, a recent survey shows. The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) was conducted immediately after the national election in early November. “The recent resolution of political …
A recent update from AutoTrader reveals economic pressures could be weighing on Canadian consumers in terms of the type of vehicle they are shopping for, as many are veering towards options that prioritize affordability, reliability, and utility over luxury and …
Highlights from Cox Automotive’s Auto Market Report shows December 2024 retail vehicle sales in the United States surpassing 2023 levels, while low-interest rate deals surged to their highest levels in two years. The data is offered in a video by …
With the holiday season gearing up, DesRosiers Automotive Consultants took a moment to consider what sort of vehicle Canadians are “asking Santa” for this year. The company surveyed 4,500 Canadian drivers to better understand their desires, and found that — …
New vehicle prices in the United States were higher year-over-year in November, for the second consecutive month, as the average transaction price reached $48,724 — up $699 or 1.5 per cent from November 2023. The data was provided by Kelley …
As access to proper electric vehicle charging infrastructure becomes increasingly important, Nissan Canada has announced that drivers of its Ariya model now have access to 17,800 Tesla Superchargers within the Nissan Energy Charge Network (NECN), as of December 10. The …
When U.S. President-elect Donald Trump launched the threat of a 25 per cent tariff on all products entering the U.S. from both Canada and Mexico, the automotive industry took notice. While a lot of the focus has been on the …
Forty-nine out of the 50 electric vehicles analyzed by Vincentric in its 2024 Canadian EV Cost of Ownership Analysis were found to have lower ownership costs than their all-gasoline alternative. The company’s 2023 study found that 95 per cent of …
