U.S. used vehicle prices have increased for the first time in six months, according to analysts at J.D. Power Valuation Services. During this period the market experienced consistent declines, but has since improved in March, around the same time the …
Porsche is embracing one of the many key themes currently floating around the global automotive industry: carbon neutrality. Carbon offsetting, like zero-emission vehicles (ZEVs) is a growing trend, and one that has sparked the interest of the German carmaker who …
Forward-looking CRM (Customer-relationship management) vendors are making the shift to a cloud-based system to meet customer expectations. In a recent study, the analyst firm Frost & Sullivan offer a forecast about the global automotive customer relationship management market, and suggest …
Hyundai Motor has named José Muñoz as its global Chief Operating Officer. He has also been named President and CEO of both Hyundai Motor North America and Hyundai Motor America. In his role as COO, Muñoz will oversee global operations …
U.S. automotive depreciation is expected to rise to 15 per cent in 2019 — up from 12.4 per cent in 2018, which was the lowest rate in four years, according to Black Book’s joint U.S. Vehicle Depreciation and Auto Asset …
The World New Energy Vehicle Congress (WNEVC 2019) is set to launch in July in Boao, Hainan Province, China, and the global automotive industry should pay attention when it does. The event, held between July 1-3, 2019, is hosted by …
The Canadian Black Book Used Vehicle Value Index rebounded in March, climbing back up to 105.1 from 104.7, according to CBB’s latest report. The index now hovers within a tenth of a point of the all-time record high. “As the …
By Todd Phillips Canadian dealers have choices to make over which website platform to build their digital businesses upon, and TRADER Corporation says it hopes their new made-in-Canada solution fits the bill. In February 2019, TRADER and Cox Automotive ended …
Mitsubishi Motor Sales of Canada is upgrading the visual identity of its dealerships across the nation with “new-look” stores. The first such dealership officially launched in Saint-Hyacinthe, Que., on April 9, 2019. In its news release, the company said 64 …
Plug’n Drive is offering a $1,000 incentive to Ontario residents who would like to purchase a used fully- electric or plug-in hybrid electric vehicle. The non-profit organization introduced the Used EV Incentive program in collaboration with Clean Air Partnership, and …
ADESA is modernizing its marketplace with the recent launch of ADESA Simulcast, which aims to provide customers with a more seamless and efficient auction experience. The company is working with Auction Frontier to transition to the platform from its current …
By Gerry Malloy As has been widely predicted and expected, new vehicle sales in Canada through the first quarter of 2019 were down from the record pace of the same period last year. As reported by DesRosiers Automotive Consultants (DAC), …
