Canadian used wholesale market prices were down -0.33% this week, for the period ending on November 23, which is similar to the prior week and the 2017-2019 average of the same period. For car segment prices, the -0.26% this week …
The Motor Vehicle Retailers of Ontario are backing new legislation introduced by their provincial government that focuses on Vehicle Identification Number (VIN) fraud, which involves stealing a VIN from a legitimate car and using it to register a stolen one. …
The Toyota Highlander was the most stolen vehicle in Canada in 2023, bypassing the Honda CR-V that held the position for two consecutive years. The data was pulled from the Équité Association, a not-for-profit organization that supports Canadian property and …
Kot Auto Group has expanded in British Columbia with the acquisition of Okanagan Dodge, the group’s second Dodge, Jeep, Chrysler dealership. Woodgrove Chrysler was the first Dodge, Jeep, Chrysler dealership under the Kot Auto Group umbrella, having been acquired in …
Melissa Young, the outgoing CEO of Skilled Trades Ontario, has been described by the Motor Vehicle Retailers of Ontario as the reform-minded, common-sense leader that new car and truck retailers needed. “The Ontario Government recognized this when they abolished the …
In the world of cloud-based options and electric vehicle charging, dealers in Canada may be interested to note that Emobi launched a streamlined Plug & Charge solution that uses AI-powered identification and cloud-based certificate authentication. The solution is called JustPlug …
If dealers feel provincial new light vehicle sales performances appear stratified as we near the end of the year, they are not alone — for DesRosiers Automotive Consultants used exactly this adjective to describe the situation. In its latest update …
Dealers may be interested to note that the Canadian used wholesale market experienced a slightly steeper decline, of -0.39% in pricing for the period ending on November 16, compared to last week’s -0.32%. The 2017-2019 average for the same period …
A major automotive finance scandal has captivated both consumers and the automotive industry well beyond the shores of the United Kingdom, where the situation is playing out. Car buyers who financed a vehicle purchase say they were unaware the dealership’s …
Software company UVeye has been recognized on TIME’s list of the Best Inventions of 2024, in a nod to the transformative impact of its artificial intelligence-powered vehicle inspection technology on the automotive industry. In a blog post the company said …
Canadian Black Book has released its latest Used Vehicle Retention Index for October 2024, which sat at 136.0 points — the same as for August and September, and down 12.4% year-over-year. “(A) weakening Canadian dollar relative to the U.S. dollar …
Reynolds and Reynolds has announced that it is investing in, and collaboration with, the creator of “the first” smart space Computer Vision AI software for automotive dealerships: Skaivision. Computer Vision AI is a field of artificial intelligence or computer science. …
