The Global Automakers of Canada advise collaboration, not confrontation, to meet vehicle emission reduction goals in Canada, according to a news release. The comment stems from an event that occurred on April 21, or rather, the comparison between two events. …
The OCM Auto Financing Group, an Ottawa-based subprime automotive lender, increased its fund size to $100 million, the company announced in April. That increase comes thanks to funds received from accredited investors through a series of debenture offerings, and from …
Keyloop is launching an event on May 2 that will explore how digital transformation can result in a more efficient sales and customer lifecycle for automotive manufacturers and retailers. The event is called “Leading with Experience First” and is set …
Google Ads recently announced a new ad format known as “vehicle ads” that shows vehicles for sale in Canada. Consumers that search online via Google for a vehicle (example: 2023 SUV) will see options that they can buy nearby or …
The average price consumers paid for a new vehicle in the U.S. fell below the manufacturer’s suggested retail price in March 2023 to $48,008, breaking a 20-month trend and representing a month-over-month decrease of 1.1 per cent ($550), according to …
AutoCanada added another dealership to its portfolio with the recent acquisition of Premier Chevrolet Cadillac Buick GMC, a new and used vehicle dealership and collision centre in Windsor, Ont. In a news release, AutoCanada’s Executive Chairman Paul Antony said the …
VinFast, a Vietnamese electric vehicle manufacturer, launched its operations in Canada with a splashy event in Toronto, Ont., last fall. Months later, it has now opened its first store in Vancouver, B.C. Its new B.C. store is located in North …
A recent two-part survey from Dealer Image Pro found that online videos play an important role for consumers when researching and buying a vehicle. “Consumers are now demanding, more than ever, quality content in all media formats, including full-motion VDP …
Ford is investing $1.8 billion in its Oakville Assembly Complex in Ontario so it can turn the site into a new high-volume Canadian hub of electric vehicle manufacturing, according to an OEM news release. The transformation, which will include vehicle …
Kijiji will launch a five month-long podcast called “Wait-listening” for Canadian car buyers waiting for their factory-ordered vehicles. The name Wait-listening, and the ridiculously long podcast itself, aims to highlight the average wait time for factory-ordered vehicles in Canada. Kijiji …
The Canadian used wholesale market experienced a slight decline in prices of -0.05% for the week ending on April 11. It was more than the previous week’s -0.03% decline, but significantly less than the 2017-2019 average of -0.13% for the …
Keith Murray is the new CEO of AutoVerify, the company recently announced. Murray previously worked at Autodata Solutions for more than two decades and joined the AutoVerify team in 2020. In a news release, the company said Murray was instrumental …
