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, …
Tesla was ordered to pay $137 million in damages after losing a case against a Black former elevator operator. According to Driving.ca, Tesla turned a blind eye to racial taunts and offensive graffiti directed towards the elevator operator. “Owen Diaz, …
Britain’s rapidly growing electric vehicle charging network is under fire from disabled charities due to discrimination. According to Auto Express, an auditing team highlighted a wide range of challenges faced by disabled drivers using certain government grant-funded chargers, “ranging from …
Hyundai and Amazon announced a partnership in which the OEM will create the Hyundai Evolve digital showroom. Consumers can configure a new Hyundai, estimate the sales price, and search for real-time inventory matches, according to CNET. “Additionally, the Amazon-based showroom …
The 2022 Geneva Motor Show was cancelled again, for the third consecutive year, thanks to ongoing issues related to the pandemic. The Comité Permanent du Salon International de l’Automobile organizers said in an announcement that “The direct and indirect issues …
Tesla will relocate its headquarters from Palo Alto, California to Austin, Texas due to the cost of homes in the Bay Area and the long commutes for employees, according to a recent update from CEO Elon Musk. He still plans …
The third quarter of the year was dominated by the impacts of the semiconductor shortage, when passenger car sales declined 11.3%—which DesRosiers Automotive Consultants (DAC) describes as “not an unusual figure.” However, light truck sales fell 12.5%, and that is …
The Canadian used wholesale market continues its upward trend, now for the eight consecutive week as all but one segment managed price increases for the week ending on October 5. In its latest weekly automotive market update, Canadian Black Book …
Montreal’s Decarie Motors (Jaguar Land Rover) dealership is celebrating its 75th anniversary. The company was co-founded in 1946 by the late Moe Segal and his father, Max, and the store initially sold used vehicles. Today, the dealership is home to …
AutoCanada recently acquired Airdrie Autobody, a collision centre located in Airdrie, Alberta, as part of the group’s strategy to develop a national collision centre network to match its existing dealerships. “The addition of this well-managed business marks the fourth collision …
