Provincial new light vehicle sales performances in August continued the slightly disjointed and uneven trend from July, according to a recent update from DesRosiers Automotive Consultants (DAC). DAC said the higher volume provinces, which include Québec, Alberta, and British Columbia, …
Electra Battery Materials announced a joint venture, named Aki Battery Recycling, with Indigenous-owned economic development agency Three Fires Group. The goal will be to produce battery black mass through the responsible recycling of lithium-ion battery scrap and waste material. Once …
Car-sharing service Communauto recently announced the start of the electrification of its Halifax fleet, in which it aims to add five new Kia Niro electric vehicles to its current fleet. The new initiative received support and funding from the HCi3 …
Iceberg Finance and autologiQ have entered an exclusive partnership, in which Iceberg Finance will be the sole financing partner for autologiQ’s Easy Monthly Payment (EMP) repair finance solution. Both companies see this as a win-win, as Canadian consumers will benefit …
DSMA Managing Partner Maxime Théorêt co-founded QUOTUS, a provider of financial intelligence solutions for auto retail, which recently launched a software as a service (SaaS) platform to help dealerships transform complicated financial data into actionable insights so they can quickly …
Luxury retailer Holand Automotive Group, owner of Ferrari Quebec in Montreal and Ferrari of South Bay in California, has added a third store of the brand — Ferrari of Rancho Mirage — to help it strengthen its position in North …
Buy, sell, hold — or kick into gear? This is what the 2025 J.D. Power Auto Summit will be exploring during its dealer panel, which will consider technology trends and acquisition opportunities. “The automotive retail universe is continuing to normalize, …
Hydro-Québec has commissioned Electric Circuit’s 1,000th fast-charge station, which is strategically located near Autoroutes 20, 30 and 40 in Québec. The Electric Circuit is the largest public charging network for electric vehicles in the province. It includes more than 6,300 public charging stations …
General Motors and the Hyundai Motor Company have signed an agreement to explore future collaborations, meaning they will be looking for ways to leverage their scale and strengths, reduce costs as a result, and more quickly bring a wider range …
Go Auto has been involved in the auto retail industry for more than 30 years and has established itself as one of the major retail groups in Canada. Now it has ventured into the food business. Earlier this year, the …
This month Gordie Gerbrandt, Vice President of Canada for the Tim Lamb Group — a large dealership sales and acquisitions firm in North America — brokered the sale of Forest City Mazda to Leavens Automotive Group, which changed the name …
Auto retailers in the United States view the market as weak, according to a Q3 2024 Cox Automotive Dealer Sentiment Index (CADSI) that showed the index dropped to a score of 40 from 42 in Q2 and 45 from a …
