Sometimes when you work in the auto industry, you just can’t seem to escape it. It grabs you. Michael McGhee, the new Senior Vice-President and Head of TD Auto Finance Canada is back in the role for a second go-round. …
Dealers in the United States are gearing up for a surge in car-buying activity as the tax-return season approaches, according to Cars.com. The company recently released its March Industry Insights Report, which found that U.S. dealers increased their new car …
Peer-to-peer car sharing marketplace Turo has teamed up with the Vancouver International Airport (YVR) and Calgary International Airport (YYC) to provide vehicle exchange locations for its clients. As a next-step in broadening its reach, the company wants to ensure consumers …
Brampton, Ont., has recorded one of the highest carjacking rates with around 5.25 incidents per 1,000 residents, according to a recent study conducted by MyChoice Financial, an insurance comparison service in Canada. Brampton, they said, tops their list of most …
Global electric vehicle sales are anticipated to increase by 21% this year and 19% in 2025, which is less than the 31% increase seen in 2023 or the 60% boost observed in 2022. The EV market is cooling, which ABI …
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 …
