Amidst so much uncertainty, there are many unanswered questions for dealers, OEMs and consumers Over the past few months I have been asked, more often that ever before, for my views on what I am seeing in the marketplace. There …
In February, when Cox Automotive Canada and Trader officially ended their partnership providing websites and related services to Canadian dealerships, the competitive landscape changed overnight. Canadian dealerships who were previously using a Dealer.com website platform sold by Trader now have …
More than half of Canadian executives say NAFTA was better for the Canadian economy than the new USMCA deal, according to a Forum Research poll. Conducted in collaboration with the FP500 and Financial Post, the survey is based on a …
The price of a used vehicle has barely changed since the end of 2018 — but the changes may be worth noting. Data from the Dealertrack online credit application network reveals that pricing for most of its Top Funded Used …
ADESA, part of KAR Auction Services, has appointed Kurt Madvig as its new vice president of product development. Madvig has 30 years of automotive remarketing industry experience under his belt. In his new role, he will lead a team geared …
Infiniti, Subaru and Mercedes-Benz have been revealed as this year’s 2019 Innovation Award winners. The announcement was made by the Automobile Journalists Association of Canada (AJAC) at the Canadian International AutoShow in Toronto, Ont. “The Innovation Awards now recognize safety, …
Sixty-one per cent of Canadians associate drivers of exotic sports cars with short-term flings. In comparison, 65 per cent associate modest and reliable sedans with someone that is more stable and commitment-friendly, according to a recent study by autoTRADER.ca. The …
Passenger cars and SUVs remain top-of-mind for car shoppers across Canada, according to a January 2019 national Autobarometer report. Autobarometer is a monthly report that provides dealers with vehicle inventory performance metrics from across Canada, based on listings that appear …
Vehicle depreciation rates appear to be improving, according to this week’s Used Car Market Insights report from Black Book. “The depreciation rates on used vehicles improved a little last week,” said Anil Goyal, Executive Vice President, Operations. “Bidding in auction …
A Smiths Falls car dealer has been suspended by the Ontario Motor Vehicle Industry Council (OMVIC) due to consumer complaints and an OMVIC inspection. The dealer is Tom Pirie Motor Sales, located at 190 Lombard Street, Smiths Falls, Ont., with …
The topic of cyber security appears to have gained popularity with the increasing development of autonomous/connected vehicles and technologies. Experts have warned about the threat of cyber attacks on these systems, for both OEMs and car dealers. As it happens, …
The 2019 Canadian Black Book Best Retained Value Awards winners are in — and for this 12th annual edition, the list features a new category and the second-highest ever overall retained value across all models. The list reveals to Canadians …
