Volkswagen Group (VW) released strong results last week as their earnings and profit margins exceeded pre-pandemic levels. The company’s earnings were driven by its luxury brands. Both Porsche and Audi saw profit margins in the double digits and experienced record …
Limited inventory for both new and used vehicles due in part to the current computer chip shortage is helping to increase profits for dealers, automakers and auto lenders, Forbes reports. The chip shortage combined with high consumer demand for trucks …
The Consumer Electronics Show’s (CES) 2022 event, which will take place in January is expected to host more exhibitors from the automotive industry than ever before. According to the Consumer Technology Association, which is organizing CES 2022, the transportation and …
A shortage of rental cars is making it difficult for Canadians to rent a vehicle. Many car rental companies sold off much of their fleet during the pandemic, and with the global microchip shortage causing dealerships to experience low vehicle …
The most technologically advanced Rolls-Royce to date was unveiled in Vancouver on Friday July 23, 2021 at Rolls-Royce Motor Cars Vancouver. Valued at $660,000, the new Rolls-Royce Ghost made its debut in twilight purple at the press event which also …
CARFAX announced last week the integration of its real-time CARFAX Vehicle History Reports with CarDR.com’s new smartphone Vehicle Appraisal App. CarDr.com’s new smartphone Vehicle Appraisal App is the first to use a Bluetooth connection to combine pricing and OEM level …
Grand Touring Automobiles recently announced that it will officially serve as the exclusive national retailer for Swedish supercar brand Koenigsegg. Grand Touring Automobiles has partnered with Koenigsegg and will act as their exclusive national retailer in Canada. To celebrate the …
Hyundai Auto Canada Corp. has announced changes to its marketing department, with personnel shifts and the addition of a new department. Their new national manager of marketing communications as of July 12th is Kristina Covello-Garcia, with Christine Smith moving into …
Dee Murphy is joining AutoVerify, a rapidly growing automotive software company, as their new digital desking manager. Murphy has over 10 years of experience within the automotive industry, having developed an extensive understanding of the front and back ends of …
The CADA Laureate winners featured in this issue are truly deserving of the award, and now join the ranks of a group of dealers who are legends in our industry. It’s tough to become a CADA Laureate. Really tough. Only …
Celebrating the best in the business in 2021 The Canadian Automobile Dealers Association (CADA), and its exclusive program sponsor — iA Dealer Services — have bestowed the Laureate award on three outstanding dealers per year since 2006. Each year, 3,000-plus …
A letter from trade groups and unions was delivered to House and Senate leaders on Thursday which urged Congress to finance semiconductor manufacturing in the United States. Signed by the American Automotive Policy Council, National Association of Manufacturers, the United …
