Rifco National Auto Finance has reached a significant milestone: it has lent a total of one billion dollars to consumers since its inception more than 15 years ago, according to Doug Decksheimer, Vice President & CMO, Rifco National Auto Finance. …
Jaguar Land Rover Canada and LGM Financial Services have teamed up to launch two new finance and insurance (F&I) products suites, with phase one set to deploy April 1, 2019, according to LGM. The products will operate and launch under …
Safety remains a key priority for families seeking to purchase a new vehicle, according to Kelley Blue Book’s Best Family Cars of 2019 list. “With families filling their after-school hours and weekends with activities, they not only transport their own …
Recent data from Black Book in the U.S. reveals used vehicles such as mid-size sedans and vans are showing a lift in values. The volume-weighted overall car segment values experienced a 0.12 per cent increase ($12) from the previous week. …
Canadian car buyers remain comfortable with receiving their auto financing from the dealership, with 66 per cent having applied for it right when the vehicle was purchased, according to a recent FICO survey. Globally, 55 per cent of consumers on …
Automotive retail sales have had a slow start this year, with new-vehicle retail sales expected to dip 4.9 per cent to 2,944,200 units in Q1 compared to a year ago, according to J.D. Power. New vehicle sales in March are …
Cadillac has launched a live digital showroom that boasts a unique, one-on-one experience exclusive to Canadian consumers. The luxury brand transformed a 10,000-square foot Toronto film studio into an online showroom known as Cadillac Live. It has been described by …
General Motors plans to invest $300 million in its Orion Township assembly plant in Michigan — a move that will bring 400 new jobs to the plant. The investment is geared towards the production of a new Chevrolet electric vehicle, …
The Canadian Black Book Used Vehicle Retention Index for February has revealed a decline — the first since June 2018. The index dipped 0.5 points from January’s record high and is now resting at 104.7. “Someone once said, ‘One month …
A custom-made cigar box guitar autographed by the iconic band the Barenaked Ladies helped raise more than $4,000 for charity at a live auction at DISTINCTION: Celebrating Excellence at the Vancouver International Auto Show. Canadian auto dealer’s editor Todd Phillips …
OpenRoad Auto Group has been named one of Canada’s Best Managed Companies — now for the seventh consecutive year. The B.C. dealership group was honoured with the Platinum Club award, which is the program’s highest level of corporate recognition. The …
Juyu Jeon has been named president and CEO of Mitsubishi Motor Sales of Canada. The newly appointed Jeon arrives from his previous role as Vice President, Sales & Marketing, Corporate Planning and Business Control, for the company. He will enter …
