Wholesale prices continue to tumble this year as consumer confidence rebounds, according to Canadian Black Book’s latest COVID-19 update. Wholesale prices for both car and truck segments experienced a much steeper decline last week compared to previous weeks. “The month …
A closer look at Canadian automotive industry sales declines for 2020 reveal not only the largest year-over-year drop on record, but significant variation as numerous factors set the stage for an “uneven landscape of change,” according to DesRosiers Automotive Consultants …
Kelley Blue Book is now offering dealers in Canada the ability to connect their inventory directly to car buyers through its recently launched KBB.CA, thanks to its new Inventory Lead Program. “In addition to the many benefits that Kelley Blue …
Roadster recently launched a community online platform for dealer partners and non-partners, in all dealership roles. The Roadster Community launched just before the holidays and is open to anyone from anywhere in the automotive industry, according to Michelle Denogean, CMO …
Carl D. Gill, President of Asset Preservation Capital in Michigan, USA, has published a book about early retirement from the automotive sector. The company said the 61-page book, entitled Retire Early From the Auto Industry – 5 Secrets to Navigating …
General Motors has launched a new business amid the pandemic called BrightDrop that will offer electric first-to-last-mile products, software, and services so delivery and logistics companies can move goods more efficiently. The business aims to help companies lower costs, maximize …
The Hyundai Elantra has won the prestigious 2021 North American Car of the Year award after being named the winner by the North American Car, Utility and Truck of the Year jury. The sedan also won the award in 2012. …
A newly-elected U.S. administration, approved COVID-19 vaccines, and a strengthening economy have all helped boost auto sales in the country enough to cross the 2020 finish line with “promising momentum,” says Forbes. As for 2021, electric vehicles in more shapes, …
Hyundai is reportedly in talks with Apple over a potential car partnership, which would see the OEM become the technical partner of Apple’s autonomous vehicle. “We’ve been receiving requests for potential cooperation from various companies regarding development of autonomous EVs,” …
Ford, Toyota, Fiat Chrysler Automobiles and Nissan will reportedly cut vehicle production in January due to a shortage of semiconductors. “Automakers and electronic makers are facing a global shortage of chips as consumer demand has been bouncing back from the …
The Melbourne Convention and Exhibition Centre partnered with Village Cinemas to host a series of events called the “MCEC Drive In(Door) Cinema.” It will be Australia’s first in-door drive-in cinema, running until Jan. 26, 2021. “The huge indoor space at …
General Motors is trading in its iconic logo for a more modern version that offers a nod to its electric future plans. The new logo features a lowercase “gm” along with a white background, blue outline for the font, and …
