Used vehicle wholesale prices in Canada are up an overall 0.32% for the week ending June 4, 2021 compared to a 0.20% increase last week, according to Canadian Black Book. “The Canadian wholesale market strengthened further this week,” said CBB. …
KAR Global unit AFC launched a flexible alternative to traditional fixed-duration floorpan solutions through its Daily Tab product, which may be particularly useful for dealerships in both Canada and the United States anticipating fast-turning vehicles. “Daily Tab is a simple …
The fully electric Porsche Taycan will be hosted on peer-to-peer car sharing platform Turo throughout June in Montreal, Que., as part of a collaborative project with Porsche Cars Canada. The automaker said the vehicles will be available for booking exclusively …
Canadian Black Book’s used vehicle retention index for May 2021 reached 123.6 points—up 2.3 points from the previous all-time record in April, which reached 121.3 index points. CBB said the new record represents the eleventh consecutive month of increases, and …
Kia Canada is launching an “EV Experience Centre” in the heart of downtown Vancouver, B.C., so consumers can learn about the different types of electrified vehicles, including chargers, government incentives, and the benefits of driving an EV. “Making the transition …
Canadian auto sales of 153,761 new units in May 2021, as estimated by DesRosiers Automotive Consultants (DAC), were up 35.8% from the same month last year, which on the surface makes for a positive headline. But last May’s numbers were …
CDK Global acquired California-based Roadster, a digital retailing provider known for its platform, in-depth industry reports (such as its Dealer Impact study), and a newly-launched managed chat service. The integration with Roadster means CDK Global will be able to provide …
General Motors is taking steps to increase deliveries to dealerships in the United States and Canada to meet a strong demand for its Chevrolet, Buick, GMC and Cadillac models. The ramp-up is expected to make an impact in 2022. The …
A new independent study commissioned by Dominion VUE DMS found that automotive retailers want security, features, and support from their Dealer Management System (DMS), and that they prefer Microsoft as a software provider over Google, IBM, Amazon and Apple when …
James Hancock is the new director of business development at Canadian Black Book (CBB); the company’s latest addition to its head office brings with him 14 years of experience in the luxury automotive OEM area, in both Canada and the …
New car registrations in the United Kingdom were up 674% in May 2021, year-over-year, equivalent to 156,737 registrations. The figures are impressive, but still not at pre-COVID levels as it is still around 13.2 per cent below the 10-year May …
Fiat plans to become an electric-only brand by 2030 and will phase out all combustion-engine models from its global lineup from 2025. “Between 2025 and 2030, our product line-up will gradually become electric only. This will be a radical change …
