New Canadian light vehicle sales were split at the segment level for the first quarter of 2024, as DesRosiers Automotive Consultants observed an increase of 18.7% for the mass market category, and a decrease of 7.3% for luxury. In its …
This week Canadian Black Book’s Market Insights report reveals the used wholesale market experienced a decline in prices of -0.36% for the week ending on April 6. That is compared to -0.17% from the prior week. The car segment was …
Mobile automotive services company Otto has been launched in Halifax Regional Municipality by CAA Atlantic, as new players and company divisions seek an opportunity in an automotive industry that continues to shift and transform. Dealers will want to be aware …
Eighty-seven per cent of Gen Zs and young millennials in British Columbia will only work for a socially and environmentally responsible company, according to a new survey conducted by the British Columbia Automobile Association (BCAA) among members of the Angus …
Amid increasing auto theft cases across the country, the Ontario Provincial Police (OPP) and the Canada Border Services Agency (CBSA) managed to recover 598 vehicles before they could be illegally shipped overseas, according to an OPP news release. The recovery, …
Canadian light vehicle sales for March 2024 are in and appear to be both “hot” and “cold,” according to DesRosiers Automotive Consultants (DAC). They described the 9.2% market gain from last month as “anticlimactic,” as it followed February’s 24.4% gain …
Hyundai Capital America and Safe-Guard Products International have announced the renewal of their longstanding partnership, which spans a decade of strategic relationships. In a news release, Safe-Guard said both companies have worked to leverage technology to help enhance the automotive …
No OEM does a better job of “showing their dealers the money” than Toyota/Lexus, according to a recent Cox Automotive Commentary & Voices article. In referencing the United States market, Cox Automotive said Toyota has become the number one volume …
New vehicle inventory in the United States was up in February, but according to Cloud Theory’s monthly report, the real headliner is the sharp 28% month-over-month increase in vehicle movement seen in March. Cloud Theory is a real-time automotive data …
At NADA, the Canadian auto dealer team caught up with a handful of DMS providers to get a sense of what’s new in their world. Every year at NADA, our team likes to talk with the leaders in the dealership …
Being a steady partner pays off in the end for auto lending giant Whether it comes to your floor plan financing, or getting loans approved for vehicle buyers, being available and dependable for dealers is the name of the game …
Offering dealership employees a retirement savings plan is a solid step to boost retention Canadians now need more money than ever to retire — and many say they aren’t able to save enough to meet their needs. A recent article in …
