DesRosiers Automotive Consultants (DAC) released its provincial sales numbers for January 2021, noting that Quebec saw an estimated sales decline of 39.1% during the month due to stricter lockdowns that saw many in-store retail businesses closed or partially closed and …
The latest automotive market update from Canadian Black Book reveals that average wholesale used vehicle prices in Canada are on the rise — for the first time in months. According to the report, prices climbed slightly this past week and …
ADESA and TradeRev have launched a new 30-day return guarantee that is available to its customers in Canada. The subscription service is known as ADESA Assurance and allows participating dealers to return eligible vehicles within 30 days for a full …
A global B2B automotive trading platform known as TRADE X and meant for all B2B players in the ecosystem (including OEMs and fleet and car dealers) to buy and sell used vehicles, announced that it has secured new growth capital …
J.D. Power’s 2021 U.S. Vehicle Dependability Study is at an all-time high according to the company, with the overall level of issues cited by owners down 10 per cent year-over-year. “The study results validate what we have known for some …
The National Automobile Dealers Association (NADA) is forecasting 15.5 million sales units for 2021 in the United States, with the expectation that those numbers will reach back into the 16 million range in 2022, according to Patrick Manzi, Chief Economist, …
Canadian auto dealer reached out to SERTI, PBS Systems, and 360 Agency during the 2021 NADA Show to discuss what’s new in terms of products, services and other offerings, and what’s coming up in the pipeline. Nino Malka, National Sales …
Kia recently launched its first virtual auto show for Canada on an interactive and immersive platform that offers participants “front-row” access to its vehicle lineup and special announcements for the spring. The Virtual Auto Show offers a 3D environment meant …
Today’s car buyers are seeking a combined online-offline shopping experience, according to a recent consumer survey by consulting firm Deloitte, and a Harris Poll conducted on behalf of Sonic Automotive. Although 64% of consumers are not comfortable buying entirely online, …
Four of the eight category winners of the 2021 Canadian Car of the Year and Utility Vehicle of the Year were brands with Korean roots, evenly split between Kia and Genesis, according to Driving.ca. The winners were announced by the …
An earthquake in Japan has impacted half of Toyota’s vehicle assembly lines in the country (14 of 28 plants), and the ripple effects of the situation could be felt as far as Australia and other countries, according to CarAdvice. “Toyota …
Japan’s Honda said its chief executive, Takahiro Hachigo, would step down April 1, 2021 and be replaced by its head of research and development, Toshihiro Mibe. “We would consider using external insight or potential alliances among other actions to make …
