The Manheim Used Vehicle Value index hit a record high for the second month in a row. Wholesale used vehicle prices (on a mix-, mileage, and seasonally-adjusted basis) rose 1.1 percent month over month in June, bringing the index reading …
Sales of 203,486 new cars, trucks and utility vehicles in Canada in June pushed first-half sales over 1-million for the first time ever. It’s the second consecutive month, and only the third time in history, that sales have surpassed 200,000 …
Transaction prices for light vehicles in the U.S. increased less than two per cent in June — a slower than normal rate of growth, according to Kelley Blue Book analyst Tim Fleming. Average transaction price in June, 2017 was $34,442. …
Adventurous deal-seekers may find that buying used cars far from their hometowns nets them big savings — and a summer road trip to boot, according to CarGurus. The car-shopping website says that prices on comparable used cars can vary so …
Saskatoon South Hyundai opened its doors to customers last week. It’s owned by FFUN Motor Group, which also owns and operates Saskatoon North Hyundai and West Edmonton Hyundai in Edmonton, Alberta. The new dealership is more than 28,000 sq-ft, with …
The global automotive e-tailing market is expected to reach $57.89 billion by 2022, according to a new Stratistics MRC report. That’s a compound growth rate of 13.6 per cent from 2016-2022. A number of factors are contributing to the growth, …
The Canadian Automobile Dealers Association has announced the winners of its prestigious CADA Laureate dealer recognition program for 2017. The three CADA Laureates are recognized for extraordinary achievements in three distinct categories. In the category of Ambassadorship — for extraordinary …
One of the most prominent and admired auto dealers in Canada, Tom Harris, 67, died unexpectedly on Wednesday at Roche Harbour on San Juan Island, in the state of Washington. A well-known philanthropist, Harris owned several dealerships on Victoria Island, …
An ethics commission created by the German government has drawn up the world’s first ethical guidelines to regulate issues of practical and moral responsibility for automated vehicles, said Alexander Dobrint, Germany’s Federal Transport Minister in a news release. “Programmers should …
As dealers struggle to better manage their online leads and tie them to better in-store performance, lead management firm DMT Development Systems Group announced the addition of three new features to RAPID! Response, the Winnipeg-based company’s lead management platform. The …
The impact of ridesharing is gaining further traction in Canada, as OEMs continue to grapple with the impact of new shared mobility services. Carshare Atlantic, the first shared mobility service provider in the Maritimes, has announced the release of FLEX, …
Porsche Cars Canada, Ltd. has announced the opening of Pfaff Porsche, the country’s second Certified Porsche Classic Partner. The newest Certified Porsche Classic Partner is the seventh such initiative in North America and 56th internationally, providing owners of Porsche Classic …
