In a slight change from what may feel like the “new normal,” the Canadian used wholesale market saw prices slightly decline for the week ending on January 18. According to Canadian Black Book’s latest automotive market update, prices for the …
A change in regulations in British Columbia paved the way for multi-unit residential buildings and commercial charging networks in the province to earn carbon credits, helping them offset the cost of installing and operating electric vehicle charging equipment. According to …
During a period of extreme weather and flooding in British Columbia last year, the New Car Dealers Association of BC (NCDA) helped lead a fundraising effort to ensure people and communities impacted by the disaster received the necessary resources and …
On January 17, Ontario-based vehicle e-commerce platform Carnex.ca announced its official transition into the electric vehicle resale market. The transition will allow consumers to buy and sell electric vehicles through its EV-only platform. “As nations race to transform their energy …
In reviewing some of the top selling vehicles for year-end 2021, DesRosiers Automotive Consultants (DAC) notes that the impact of the vehicle inventory issue showed an uneven spread among automakers and models. For example, among light trucks the Ford F-Series …
Dealer-FX is now offering certified integration with Tekion’s Automotive Retail Cloud (ARC), thanks to a partnership between the two companies that will allow dealers to benefit from a more seamless data exchange. “This new integration will benefit our dealers by …
The North American International Auto Show (NAIAS) is set to return to downtown Detroit in September 2022 for a live, in-person event, according to an announcement by the Detroit Auto Dealers Association (DADA). The show will return to Huntington Place …
Registration for the CADA Summit 2022 is now open and is set to take place on February 16 as an online event, according to Bonnie Wasser, Industry Relations Manager at the Canadian Automobile Dealers Association (CADA). “Registration has been very …
A December 2021 report from CDK Global, regarding what automotive retailers in the United States think about Artificial Intelligence (AI), found that many dealerships (68%) are already using AI or plan to do so within the next three years. “Artificial …
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 …
