Canadian Black Book’s Used Vehicle Retention Index for December 2021 broke records after reaching a new high of 158.5 index points—up 5.9 points from the previous record set in November 2021. According to the company, there was a year-over-year growth …
Strong luxury sales last month helped drive average new vehicle prices in the United States up further—with new-vehicle average transaction prices (ATPs) reaching $47,077, according to Kelley Blue Book. In a news release, the company said prices were up significantly …
The U.S. Environmental Protection Agency (EPA) announced that it is revising the greenhouse gas (GHG) emissions standards under the Clean Air Act for light-duty vehicles (passenger cars and light trucks) for 2023-2026 model years, as it aims to make the …
With the rapid increase of the COVID-19 Omicron variant, provincial governments are re-imposing strict public health measures to help curb the spread—bringing some dealers closer to their early pandemic essential service status. For example, Quebec is dealing with record-breaking daily …
The 2022 CADA Summit is moving online. The move was made due to the government of Ontario reinstating capacity limits in the province to help curb the spread of the COVID-19 Omicron variant, which subsequently led to the cancellation of …
Are we finally at the tipping point of adoption for battery electric vehicles (BEVs)? That is both the question and the title of a recent Ipsos study, which looks at the United States market and points to rising gas prices …
U.S. President Joe Biden’s Build Back Better Act did not survive a crucial vote in the Senate, as a single Democrat voted down a bill that included an electric vehicle tax credit plan—helping Canada dodge a bullet…for now. The electric …
We reached out to two companies to answer this question and better understand both the dealer’s needs, and the customer’s. When CDK Global hosted its inaugural industry conference known as CDK Connect virtually this year, Brendan Dougherty, Director of Product …
Dealers from across Canada continue to do what they do best: remain resilient in the face of difficult situations, and continue to give back to those in need. While 2021 brought looser pandemic-related restrictions for many dealerships across Canada, global …
The Canadian Automobile Dealers Association (CADA) is planning to hold a physical event for its 10th annual CADA Summit, set to take place on February 16, 2022 at the Metro Toronto Convention Centre in Ontario. It also plans to offer …
The Automotive Business School of Canada (ABSC) witnessed its first graduating class of the Canadian Dealer Academy in French. The school’s first French cohort of the program graduated in 2021 after taking part in a one-semester Automotive Dealership Management Ontario …
Federal Minister of Environment and Climate Change Steven Guilbeault wants to impose a mandate on the sale of zero-emissions vehicles (ZEVs) in Canada in the form of a sales quota for automotive retailers. Early consultations on this aspect of the …
