J.D. Power released the 2022 Canada ALG Residual Value Awards today, and Toyota Canada Inc. and GM Canada dominated other OEM brands, commanding attention for the most segment awards. Toyota and Lexus won top brand awards in the mass market …
Fleet Complete & Pitstop have developed an advanced AI-powered platform for commercial fleet predictive maintenance. The collaboration began in 2020 and was made possible through an “investment of $3.016 million, with $2.016 million from project partners, and $1million from OVIN’s …
A demand for pre-orders through local dealerships and an increasing desire to purchase vehicles online top Cars.com’s automotive trends for the year. The company’s internal data notes that the market has seen a double-digit increase in prices and a narrowing …
J.D. Power (Canada) released its January Automotive Market Metrics this week. The data shows that in January 2022, the number of days to turn used vehicles climbed almost ten days – moving from just below 70 days to almost 80 …
Canadian auto dealer editor Todd Phillips interviews Jason Stein, host of Cars & Culture with Jason Stein on SiriusXM. Stein, also President of motormindz, offers a sneak preview of what he will discuss during his CADA Summit 2022 appearance on …
Prices remained relatively flat for Canada’s used wholesale market this past week (+0.01%), although the average listing price for used vehicles continued to hit historic highs. According to Canadian Black Book (CBB), the 14-day moving average sits at approximately $33,500 …
Reynolds and Reynolds, a leading provider of automobile dealership software with operations in the United States, Canada, the United Kingdom, and Europe announced new changes amongst their executive team this week. With more than 35 years at Reynolds, Chris Walsh, …
Global automotive retail technology provider Keyloop announced yesterday that it has acquired SERTI, one of Canada’s leading Dealer Management Systems (DMS). The purchase is Keyloop’s sixth acquisition since its launch in March 2021 and will support the company as it …
Data analytics and consumer intelligence firm J.D. Power announced staffing changes this week within its automotive division. These changes are focused on adding more data and analytical insights to the areas of EV, mobility, connectivity and consultation within the automotive …
Ford is sweetening the deal for consumers on the used vehicle front by offering longer at-home test drives than its competitors—some of which have also launched online used car shopping sites. “Any used vehicle purchased through Ford Blue Advantage, not …
New electric vehicle sales in Australia tripled after years of slow sales, thanks to incentives introduced by state governments to support the adoption of EVs, according to The Guardian. The country recorded 24,078 EV sales in 2021—up from the 6,900 …
Renault and Nissan will team up on producing electric cars, thanks to a US$26 billion investment plan that spans five years—helping them to stay competitive in the shift to electrification. “The two-decade old alliance, which also includes Mitsubishi Motors, said …
