Fiat Chrysler Automobiles (FCA) will invest between $1.35 and $1.5 billion in its Windsor, Ont. assembly plant to build electric vehicles as part of an interim agreement with Unifor. “Not only is Fiat-Chrysler maintaining the current portfolio but they will …
Hertz Global Holdings Inc, a bankrupt car rental company, plans to invest up to $1 million in vehicle acquisitions in the United States and Canada. According to Autoblog, it also plans to invest “up to $800 million for working capital …
BMW has recalled 4,509 plug-in hybrid vehicles in the United States and 26,900 globally, because debris may have entered the Samsung battery cells during production and could cause a short circuit. In rare cases, it could cause a fire. Affected …
A full lineup of speakers for Canadian Black Book and J.D. Power’s 2020 TalkAuto@Home event has been announced, with the ninth annual event set to take place virtually between 1:00 p.m. – 2:00 p.m. EST the week of November 16. …
Reynolds & Reynolds CEO Bob Brockman has been charged with tax evasion, wire fraud, money laundering, and other offences, according to a news release from The United States Department of Justice (DOJ). Brockman was indicted by a federal grand jury …
The average days to turn for used vehicle inventory listed for sale continued to decline last week and is now at a 14-day moving average of 46 days — down three days from the previous week, according to Canadian Black …
The recovery of the Canadian automotive industry from the first wave of COVID-19 has been “volatile and inconsistent” across the industry, but retail sales as a measure of performance can help shed light on the uneven nature of it all. …
One of the most important messages from the recent Auto Dealers Innovation Series & Expo (ADIS) was all about the need to innovate, experiment, fail, reassess, and experiment again. All companies — including car dealerships — need to develop an …
Monte Weis, former President of Weis Group, talks about his new role as President of Canadian Operations at Dealer Solutions Mergers and Acquisitions (DSMA), while Farid Ahmad, President and CEO of DSMA, discusses his next steps moving forward — always …
Canadian auto dealer Publisher Niel Hiscox and Barry Hillier talk with Alexander Poizner, cybersecurity expert. We review what cybersecurity means today and what the considerations are for dealers and OEMs, which maintain a significant amount of personal data from …
Michelle Denogean, CMO of Roadster, unpacks some of the findings of Roadster and NADA’s latest Dealer Impact Study and what those findings will mean for dealers on both sides of the border.
OpenRoad Auto Group announced the official opening of a new dealership in a state-of-the-art Hyundai facility located in the Richmond Auto Mall. The store, OpenRoad Hyundai Richmond, replaces OpenRoad’s former dealership of the same brand and which the company acquired …
