Canadian provincial sales of new light vehicles revealed double-digit growth among reporting manufacturers in June, according to DesRosiers Automotive Consultants (DAC). This period represents Canada’s eighth consecutive month of year-over-year increases, climbing 12.6% to an estimated 162,000 units sold. For …
General Motors announced that it will begin construction of a new 400,000 square-foot electric vehicle battery module facility that will bring nearly 300 new jobs to the OEM’s CAMI Assembly plant in Ingersoll, Ont. Production of the battery modules will …
Vehicle owners in the United States appear to be unimpressed with the design and performance of new vehicles, according to a recent J.D. Power report released in July. Its U.S. Automotive Performance, Execution and Layout (APEAL) Study highlights for the …
A growing number of Ontarians (47 per cent) are “very concerned” about vehicle theft, a recent survey conducted on behalf of the CAA Insurance Company found. According to the insurance firm, that number rises to 57 per cent when considering …
Canadian auto dealer Senior Editor Todd Phillips interviews Peter Heasty, President of Baker Tilly WM Dealer Acquisitions, about the dealership selling experience. Topics include how dealers will know when it’s time to sell, what factors they need to consider, what …
Prices were down 0.28% in the Canadian used wholesale market for the period ending on July 22, which is less than the previous period and closer to the 2017-2019 average of the same week (-0.21%). According to Canadian Black Book’s …
Ontario-based Alpha Auto Group was set to buy U.K. dealer network Lookers, but the path to acquisition may now be blocked. According to several media outlets, including Reuters and Yahoo, Lookers reportedly said that a number of shareholders — those representing …
Ontario is expanding the online Digital Dealership Registration system to include used cars, which means that DDR participating dealerships can register their new and used vehicles online. The provincial government provided the information in a news release published on July …
The Policaro Group recently announced a new location for its Policaro Acura in Brampton, Ont., which it said was moments away from Highway 410. For this dealer group, Acura holds a very special place in the history of its business, …
Dealers keeping tabs on the Canadian used wholesale market may be interested to note the decline in the overall truck/SUV category, which is down 0.47% for the week ending on July 8 — compared to the prior week’s -0.43%. “Many …
Well-known Canadian tire distributor Groupe Touchette just acquired Fastco Canada, a large manufacturer and distributor of alloy and steel wheels and accessories. Fastco Canada has facilities in Vaudreuil-Dorion, Qué., and Airdrie, Alta. The acquisition means Québec-based Groupe Touchette can expand …
A TransUnion Canada Consumer Pulse study that took place during the second quarter of the year found that Canadians (37%) plan to significantly cut down on large purchases, as microeconomic pressures remain at the forefront of consumer concerns. This includes …
