Canadian car dealers that are interested in learning more about the 2019 new-vehicle sales forecast for the U.S. will have the opportunity to do so on December 13, 2018, via a conference call issued by the National Automobile Dealers Association …
BMW’s Driver Assistance and Autonomous Driving Development department, which will play a pivotal role in the Group’s strategy for the future, will have a new Senior Vice President in the New Year. Alejandro Vukotich is set to replace Elmar Frickenstein, …
The official signing last week of the trilateral trade agreement between Canada, the U.S. and Mexico prompted a statement of support and advice for the federal government from the Canadian Vehicle Manufacturers’ Association (CVMA). The federal government signed the agreement …
Automotive Properties Real Estate Investment Trust (REIT) has acquired the Brimell Toyota dealership property in Scarborough, Ontario for about $26 million. Concurrent with the deal, Drive Autogroup acquired the Brimell Toyota dealership operating business, and has now inked a 15-year …
Dealers can more effectively mitigate used vehicle margin compression with a Provision ProfitTime upgrade, according to vAuto. The upgrade, which will be released at the NADA Show in January, allows the use of each vehicle’s investment value — platinum, gold, …
Three recent executive promotions at automotive software company AutoAlert reflect overall growth, and a movement towards more large-scale relationships, including global initiatives, according to CEO Mike Dullea. Don Favero is now Global Vice President of Sales and Marketing, Beth Donovan …
Still miffed by the U.S. imposed tariffs on steel and aluminum, a somewhat reluctant Prime Minister Justin Trudeau signed the USMCA trade agreement — the new NAFTA — at the G20 Leaders’ Summit in Argentina last Friday. The agreement provides …
A new survey finds that consumers are warming up to the idea of tech-enabled auto experiences, and more than half would consider subscription vehicle services. The survey, conducted by the Jim Butler Auto Group surveyed more than 30,000 drivers in …
General Motors has announced its intention to close its assembly plant in Oshawa, Ont., in 2019 at a time when Canada is struggling to remain competitive in the global automotive industry. “The actions we are taking today continue our transformation …
AutoCanada has selected Kijiji as its preferred online marketplace partner in Canada — a pairing that has been described as a “first-of-its-kind partnership” by Leanne Kripp, Director of Autos at Kijiji. “AutoCanada’s dealership database and Kijiji’s automotive marketplace made this …
Bill 50, which seeks to modernize the way dealers apply for permits and other vehicle-related information, was unanimously passed by Members of Provincial Parliament in Ontario. “The Trillium Automobile Dealers Association is thrilled with Bill 50 passing Second Reading,” said …
A new report from industry analysts Frost & Sullivan projects huge growth from a range of financial transactions and in-vehicle experience payments from consumers. It remains to be seen, however, how dealerships might be able to cash in on this …
