Dealers keeping tabs on the aftermarket may be interested to note that the market held up remarkably well in 2020 when compared to the new vehicle market, according to DesRosiers Automotive Consultants (DAC). “Further evidence of the strength of the …
As part of Canadian Black Book’s effort to celebrate 60 years in providing automotive data and analytics to the Canadian automotive industry, the company published a news release about William (Bill) Ward and the creation of CBB. According to the …
CDK Global hosted its inaugural industry conference known as CDK Connect virtually on October 6, previewing new technology and exploring the benefits of the Roadster and Salty acquisitions on the overall modern retailing front. One interesting conversation stemming from the …
The Canadian used wholesale market continues to experience price increases, now for the ninth consecutive week, with all vehicle segments experiencing price increases for the week. That is according to Canadian Black Book’s latest auto market update, which notes that …
New vehicle prices in the United States reached another all-time high in September 2021 for the sixth consecutive month, while also surpassing $45,000 for the first time, according to a new report from Kelley Blue Book. At $45,031, KBB said …
The findings of a recent automotive study by a reputation experience management (RXM) company points to the importance of reviews for nearly 80% of consumers—with 41% saying they will read at least five reviews before visiting a dealership. In its …
Canadian Black Book ran its 24th annual Kathy Ward Memorial Golf Tournament on September 20, raising $30,000 for the Tim Hortons Foundation Camps. The tournament hosted 92 Canadian automotive professionals at Maple Downs Golf & Country Club in Vaughan, Ont. …
Southern Ontario’s Policaro Group recently announced a new partnership with Oro Station, a 200-acre automotive innovation hub meant for automotive enthusiasts, racers and innovators. The dealer group plans to build a two-storey clubhouse at Oro Station Motor Circuit featuring a …
Twenty key players from across Canada’s zero-emissions vehicle landscape launched a ZEV supply chain alliance called Accelerate at the end of September. The goal of the alliance is to create a forum for membersto collaborate, strategize, and advocate for any …
Online Fintech platform LendingArch was recently named the Fastest Growing Company in Alberta for 2021 by The Globe and Mail and Report on Business TV. The Fintech platform was also ranked as the 15th fastest growing company in Canada. The …
The Canadian Black Book Used Vehicle Retention Index for September 2021 reached a new high of 132.6 points—up 4.8 points (3.8%) over August. According to CBB, the index experienced growth for 14 out of the past 15 months, with September …
Porsche Cars Canada is teaming up with hospitality and leisure properties to offer electric vehicle chargers for drivers of premier travel destinations. These Porsche-designed AC chargers aim to top off EV batteries while drivers enjoy a meal, stay the night, …
