After selling his business almost a year ago, Chris Pfaff said there are “storm clouds ahead” economically, and recommends those in the automotive business considering retiring to sell now. Pfaff, who sold his Pfaff Automotive Group last August to American-based …
Quebec-based Groupe Beaucage has made a $1 million donation to the Hospitals & Health Care Sherbrooke (CHUS) Foundation. The $1 million donation will be used to finance an outdoor therapeutic courtyard for children in the future Mother-Child Emergencies Centre of …
The Dilawri Group’s decision to purchase a Ferrari and Maserati dealership in Washington, D.C. is viewed by mergers and acquisitions experts as a significant move by Canada’s largest automotive dealer body to make its first step into the U.S. and …
As the General Manager of Pfaff Motorsports, Steve Bortolotti is convinced there is value in a dealership becoming involved in racing because it creates brand awareness and a culture of unity among its employees. Bortolotti has been GM since February …
Automotive salespeople who focus on the process of doing a deal instead of just the product have a great chance for success, according to a newly-released book written by an individual with experience on the showroom floor. Steven Pigozzo, who …
After battling a severe form of cancer for 18 months and undergoing various surgeries and procedures, retired Planète Mazda Dealer Principal Sylvain Loiselle felt grateful to be able to participate again in an annual cycling event for charity last week …
Dealer owners Eric Levitt and Katie Naughton have decided to sell their two stores, but they are not leaving the business entirely. Levitt and Naughton, who both owned Mike Naughton Ford in Colorado and 401 Dixie Kia in Mississauga, are …
Kia Canada has begun a program to financially assist local charities and non-profits across Canada building inclusive communities through “innovative programming encouraging movement.” Kia Communities in Motion, which was announced last December, is a four-year, $1.4 million grassroots endeavour done in conjunction …
Executives with the Trillium Automobile Dealers Association, one of its members, and the Global Automakers of Canada consider the re-election of Ontario Premier Doug Ford with a majority government last week a win for the province’s car dealers, motorists, and …
Exactly 20 years after he entered the dealership ownership business by purchasing a store in Barrie, then expanding his holdings in Ontario, Drew Tilson has ventured into Quebec with some recent acquisitions. The 48-year-old, whose first purchase was Barrie Nissan …
Low supply and high profitability of certain brands lead to seller’s market with tough competition Canadian dealers looking to sell their business are sitting in the driver’s seat in terms of attracting buyers, though the brand and/or the land are …
The Policaro Group matched up with Canada’s preeminent matchmaker to create content outside of what it usually does with high-profile individuals, and the experience may lead to doing it more often. The Southern-Ontario company gave Carmelia Ray, an award-winning dating …
