While new vehicle retail sales for July 2022 are expected to decline around 14.1% from July 2021 (taking into account there is one less selling day this year), the low sales numbers belie the profits being made in the first …
Last week, Canadian Black Book released its Used Vehicle Retention Index for June 2022, which revealed that the market trajectory is no longer straight up, but has begun a slight decline from the highs experienced in March. For June, the …
Nova Scotia’s largest auto group, Steele, has made further forays into the U.S. market, with their recent acquisition of North Star Chrysler Jeep Dodge Ram in San Antonio. Since expanding into Texas in February of 2020, Steele now owns and …
Dealerships can do a better job educating their buyers about connectivity options in their new vehicles, found a new study called “The Driver’s Mindset: Connectivity and Connectedness,” published by LexisNexis Risk Solutions this week. Though connectedness is “mainstream to most …
Despite their growing popularity, battery electric vehicles have historically lagged behind gas-powered vehicles in terms of owner satisfaction with economy and range, but high gas prices are reversing this trend, according to J.D. Power’s 2022 U.S. Automotive Performance, Execution and …
New vehicle registrations were down in 2022, declining 9.6% from the first quarter of 2021 to 339,820, according to the numbers released earlier this week by the Government of Canada. Sales of gas-powered vehicles fell the most with 13.2% fewer …
As Porsche prepares for an initial public offering, they are placing their bets on the future profitability of their EV divisions, Bloomberg reports. Porsche executives are clearly focusing on the EV revolution as a positive situation, not a hurdle to …
John Cappella was named as Porsche Cars Canada’s new President and CEO, starting this September, the company said in a release. He will be replacing Marc Ouayoun who has had the job since 2018, and will soon take over a …
Canadians who are wondering what it might be like to own an electric vehicle will now have the opportunity to experience the EV lifestyle without making a big commitment. In a partnership called EValuate, Hyundai Canada and peer-to-peer car-sharing marketplace, …
Consumers shopping for electric vehicles and battery electric vehicles have pretty high standards when it comes to OEM websites, and they consistently rate their user experience lower than their counterparts who are shopping for conventional ICE vehicles, according to a …
There appears to be some light at the end of the tunnel regarding the microchip shortage for some vehicle manufacturers, but as the sight of empty car lots is still very apparent, it seems car shoppers are taking the delay …
As part of an ongoing effort to make it easier for Canadians to purchase, charge and drive electric vehicles (EVs) across the country, on Monday, Jonathan Wilkinson, Minister of Natural Resources, kicked off “#EVWeek in Canada”, which will include zero-emission …
