On Wednesday Aug. 16th, General Motors Co. announced that is voluntarily delisting its common stock from the Toronto Stock Exchange (TSX). The company’s shares will cease to be traded on the TSX at the close of markets on Nov. 30, …
TradeRev and ADESA have teamed up to launch a “Digital First” initiative that encourages dealers to use the TradeRev mobile app platform before sending cars to a physical auction. By doing so, they say, dealers can launch and win …
Automotive advertisers are one of the biggest groups taking advantage of converged TV and video advertising, according to a new report from Videology. “Canada Video Market at a Glance Q2 2017” shows that the number of all advertisers deploying cross-screen …
PBS Systems, a leading provider of Dealer Management Systems software, will hold their 19th annual dealer conference in Calgary on September 20-22. The two-day event will provide a fresh look at new developments and proven best practices in DMS software …
Urban Science’s 2017 mid-year Automotive Franchise Activity Report points to continued stability in the number of automotive dealerships in the U.S. A total of 18,199 dealerships (rooftops) as of July 1, represent a 0.2 increase from the January 1 …
The SaaS Awards program has named automotiveMastermind a finalist in three categories. The worldwide awards program recognizes and celebrates innovation in software. The nominations prove that the company’s technology “delivers the best results to our dealer partners,” said automotiveMastermind CEO …
Dealertrack’s list of Top Funded Used Vehicles in Canada, along with Average Cash Prices in July remained consistent with June. Nine of the 10 vehicles on the list saw price changes of less than 1.0 per cent. The lone standout …
The demonstration “is an important example of how our on-going cross-border cooperation is advancing autonomous vehicle technologies,” said Bains. It also underlined a government commitment to middle-class jobs, growth and prosperity, he said. The initiative is part of the federal …
Virtual reality is a technology that holds big promise, according to a new report exploring the demographics of virtual reality (VR) owners and intenders in the US, Western Europe, China and India. Many OEMs are experimenting with the technology as …
The declining sales of cars and the growing popularity of SUVs continue to drive up average transaction prices, said Kelley Blue Book analyst Tim Fleming. Latest numbers from Kelley Blue Book show a 1.7 per cent year-over-year increase in new …
One of the most prominent and admired auto dealers in Canada, Tom Harris, 67, died unexpectedly in June at Roche Harbour on San Juan Island, in the state of Washington. A well-known philanthropist, Harris owned several dealerships on Victoria Island, …
Porsche dealership paving the way for business area development One of North America’s busiest highway interchanges is about to become busier as Porsche launches its fourth Greater Toronto Area dealership this summer. “We have many luxury buyers in this area, …
