Six months ago, there was hope, if not prediction, that 2018 could be the third consecutive record year for new-vehicle sales in Canada. Not any more. With a 1.6% drop in sales from the same month last year, August is …
Canadian car dealers know auto import tariffs will be bad for business, but recent data from Cox Automotive also shows the majority of new car dealers in the U.S. are worried that the proposed taxes will hurt their own profitability. …
When Kathy Ward, Canadian Black Book’s former long-time CEO passed away in 2017, the company renamed a major golf tournament in honour of her memory. Now known as The Canadian Black Book Kathy Ward Memorial Golf Tournament, the event …
Retail giant Walmart has announced plans to equip its Canadian fleet with 100 per cent alternative powered vehicles by 2028, according to a company news release. Walmart Canada is aiming to acquire 30 Tesla semi-trucks, all 18-wheelers, adding to its …
Year-over-year declines in car sales from the U.S., Canada and China have helped slow down the overall pace of global auto sales growth in July, according to Scotiabank Economist Juan Manuel Herrera. “So far in 2018, vehicle sales in Canada …
Average new car prices in the U.S. rose 1.8 per cent in August 2018 year-over-year, while remaining flat (up 0.1 per cent) from July, according to the analysts at Kelley Blue Book. “Average transaction prices are up for the industry, …
A recent report by J.D. Power revealed automakers are locked in a battle with phone manufacturers over consumer interests, and may have to cede the ground to tech companies. The 2018 U.S. Tech Experience Index (TXI) Study indicates that there …
Porsche’s experience centres, where consumers can enjoy “real-world fun” as opposed to a digital screen, indicates that immersive retail is still worth considering. The automaker’s two U.S. Porsche Experience Centers (PECs), located in Atlanta and Los Angeles, have garnered a …
Prime Minister Justin Trudeau has announced his intention to provide the University of Ontario Institute of Technology (UOIT) with up to $9.46 million in funding, according to a government news release. The donation is meant to enhance the UOIT’s Automotive …
The U.S. division of Fiat Chrysler Automobiles (FCA) has invested more than $30 million in a new autonomous driving and advanced testing facility at its Chelsea Proving Grounds in southeast Michigan. The investment is meant to help further the development …
Cyril Leeder has been appointed CEO of the Myers Automotive Group. The announcement was made by company owners Harry and Robert Mews. Leeder is expected to oversee the company’s operations in this newly created position. He will also help create …
U.S. new vehicle sales in August are expected to reach 1.49 million — an increase of about 100,000 units (1.0 per cent) from the same period in 2017, and nearly 10 per cent from the previous month, according to a …
