A new all-time record was set in March 2021 according to the Canadian Black Book Used Vehicle Retention Index, which tracks the retained value performance of two to six-year-old vehicles. The index rose to 118.6 in March, an increase of …
Canadian automotive dealers now have access to more first-run, off-lease inventory as ADESA Canada announces new daily sales in an open auction that will take place Mondays through Fridays at 10:30 am EDT. ADESA, which is a business unit of …
Quorum Information Technologies Inc. announced a partnership agreement with EDealer, Canada’s largest franchised website supplier. Quorum develops, markets, implements and supports a portfolio of software and services for automotive dealerships. Their software portfolio includes XSellerator (a Dealership Management System or …
Canadian Black Book (CBB), which has been the trusted Canadian automotive industry source for vehicle valuations, data, and insights for over 60 years, announced that they have hired Dwain Samuels as their new director of sales and data licensing. As …
According to IDTechEX, a UK consultancy firm that helps companies profit from emerging technology, 1,000-mile battery-electric vehicles are “easy to make,” coming soon, and will have a profound effect on the market. In the company’s report, Solar Vehicles 2021-2041 2nd …
The ongoing effects of the Covid-19 pandemic have made analysis of new-vehicle sales in Canada during the first quarter of 2021 something of a toss-up. They can be interpreted as up or down, depending on the comparator — the chaotic …
Canadian auto dealer editor Todd Phillips interviews Darren Slind, Managing Director and Niel Hiscox, President, Clarify Group, a new research and consulting firm for the automotive industry and beyond. The new firm aims to combine industry expertise with next-gen …
Dealerware has recently been selected as the preferred fleet management partner for Audi Canada’s courtesy vehicle program, a success for the company which has focused on international expansion as of late. Dealerware started expanding into Canada last summer where they …
OpenRoad Auto Group, British Columbia’s largest automotive dealership group, just launched NextRoad, a new service designed to help car buyers in the Greater Vancouver area purchase and finance vehicles online. Customers — even those with poor credit — are matched …
Bramgate Automotive Inc. has just opened Audi Mississauga Airport in the Pearson Auto Mall at Highway 401 and Dixie in Ontario. The brand-new, 50,000 sq. ft. facility will double Audi Mississauga’s current sales and service capacity and offer the group …
You have to give the auto industry a lot of credit for trying. For an industry that prides itself on big-scale events, dramatic new vehicle launches, massive trade shows and conferences like the NADA Show and SEMA, and more recently …
The Biden administration has proposed a US$2 billion plan for renewable energy, to help boost the markets for electric vehicles, and more — with $174 billion aimed at EVs. The goal is to wean the country off of fossil fuels …
