The electric vehicle industry continues to develop, occasionally branching out beyond its usual vehicle territory. As a result, auto dealers in Canada may be interested to note that EV maker Lucid has now introduced leasing to its portfolio of finance …
Canada’s newest electric vehicle charging network JOLT announced that it will launch next month. In preparation, the company welcomed Justin Dempsey as its new VP of Real Estate for Eastern Canada. Dempsey will lead the company’s real estate push in …
Reynolds and Reynolds recently launched Spark AI, an artificial intelligence data layer that powers all of its AI products, as the company seeks to leverage AI and machine learning to help auto dealers make “tremendous” leaps forward. In a news …
Public electric vehicle (EV) charging infrastructure, typically a barrier to adoption, is showing signs of improvement as overall satisfaction in the United States was up for a second consecutive quarter. Data from J.D. Power’s 2024 U.S. Electric Vehicle Experience (EVX) …
Lack of employee awareness around the risks of cyber attacks is a “significant danger to your business,” states Automotive Risk Management Partners, an insurance agency in Crystal Lake, Illinois, in its latest report. Titled “How a Compliance Security Firm Should …
The 401 Group of Companies plans to enter the hotel business, further expanding its diverse portfolio that already includes auto retail, recreational vehicles, powersport boats, a restaurant, and a charitable foundation. The Cambridge, Ont.-based organization will break ground next year …
A new pilot program in the Greater Toronto and Hamilton Area may help boost waning Canadian interest in electric vehicles. The EV charging pilot is part of a study being conducted by two groups: San Francisco-based Optiwatt, a telematics-based home …
New light vehicle sales in July experienced noteworthy gains in some of the lower volume provinces, according to DesRosiers Automotive Consultants (DAC). Its latest update states that Canada’s Atlantic region enjoyed strong sales increases last month: Newfoundland was up an …
During the second quarter of the year, average claims severity for repairable MHEVs (mild hybrid electric vehicles) was $4,726 in the United States and $5,302 in Canada, according to a Q2 2024 Plugged-In: EV Collision Insights report published by Mitchell. …
Still hovering close to previous week prices and the 2017-2019 average of the same period, the Canadian used wholesale market saw a decline in prices of -0.28% for the period ending on Aug. 17. Car and truck/SUV segments prices showed …
A new report from Reynolds and Reynolds looks at some of the key fixed operations metrics that drive decision-making at dealerships, detailing both expected and unexpected data trends.The study also provides insight into how dealerships can improve results. “When outcome …
CarGurus has announced the winners of its annual Top Dealer Awards in Canada for 2024. The company introduced a new award category for Top Value Dealer to complement the existing Top Rated Dealer Award. Both awards highlight dealerships in the …
