A new study released from AutoTrader.ca found that customer sentiment among potential vehicle buyers in Canada remains consistent, with one in two consumers considering now to be a good time to make a major purchase. The trend has held steady …
Unimax, a national distribution for the passenger car and light truck tire sector, has concluded a first agreement to acquire the RSSW division of Macpek, a large and independent heavy vehicle parts distributor in Quebec. The move is meant to …
Even in uncertain times, CADA 360 continues to grow and adapt its suite of programs that are “Built for Dealers by Dealers” The car business is always dealing with ups and downs, but lately the uncertainty has reached new heights. …
A new report from Équité Association highlights a continued national decrease in vehicle theft, with an 18.6 per cent year-over-year decline across Canada that they have attributed to the collective efforts and actions taken by key stakeholders throughout the year. “(Last year) …
Findings from a new Succession Readiness Report from MNP reveal that many retiring business owners, including dealers, are delaying or underestimating the importance of succession planning. In a news release about the report, MNP said these owners are leaving important …
Canadian Black Book recently released an update with several scenarios that look at the impact of U.S. auto tariffs on Canada’s automotive industry. However, they were clear to note that the tariffs will create “value instability through a sizable hole …
CreditApp Technologies has launched a branded dealer financing portal for automotive and powersports dealers across Canada, so they can fully personalize their buyers’ finance experience while showcasing their own brand. The company, which is headquartered in Calgary, Alberta, and is known …
DesRosiers Automotive Consultants described March as a month of change, with light vehicle sales estimated to have come in at 185,000 units — up 11.4% from a year earlier, and the best March total since 2018. Many things happened in …
Canadian-owned tire distributor Groupe Touchette has appointed Nicolas Touchette and Frédéric Bouthillier as Co-CEOs, alongside Egil Moller Nielsen as Chief Operating Officer, the company recently announced. The Co-CEOs will jointly oversee Groupe Touchette’s strategic direction. The leadership changes are in-line …
Canadian Black Book updated its Used Vehicle Retention Index for March 2025 to show the index sitting at 139.8 points, a difference of 0.9 points compared to February, when the index was 138.9. Year-over-year, the index decreased 2.4%. “Canadian Black …
As the Canadian automotive industry braces for the impact of tariffs on vehicles exported to the United States, its Southern neighbour is bracing for the impact on imported vehicles. Even before Wednesday’s “Liberation Day” announcement from U.S. President Donald …
The Canadian used vehicle market has begun to reflect a shift in values with an upward trend, according to Canadian Black Book. In its Market Insight update, CBB said that trend comes in contrast to the market’s behaviour from prior …
