The automotive radar market (think vehicle safety features) is anticipated to reach 500 million annual sales in 2041, according to IDTechEx’s latest 2024-2025 report on robotaxis and autonomous vehicles. While today’s market share is dominated by big tier-one companies like …
AutoVerify has teamed up with CARFAX Canada to help dealers provide more accurate vehicle valuations and create a better experience for consumers. The partnership means CARFAX Canada’s vehicle valuation capability/data, which is powered by a machine learning model, will be …
HGreg INFINITI Laval has been named the top INFINITI retailer in Canada for 2024 after the company sold nearly 450 units, the highest volume of sales in the country. “I am very proud of the work done by my team …
Hyundai Auto Canada has once again found itself among Canada’s Best Workplaces 2025 by Great Place to Work, in the 100-999 Employees category. This is the eighth consecutive year the OEM has earned a place on the list. Based on …
DSMA has named Cory Harsch as its new local M&A Associate in Western Canada and Darren Hoyles as its new M&A Associate in Atlantic Canada, the company announced. Harsch brings with him over 30 years of expertise in financial strategy, …
A new analysis by market intelligence firm IDTechEx was released in the wake of the United States’ implementation of a broad range of tariffs. It found that, of the 1.3 million electric vehicles sold in 2024, 66% were assembled in …
Canada remains a net importer with many trading partners — including the United States — where we sent 95% of our automotive products and procured 57% from them, according to DesRosiers Automotive Consultants. Based on DAC’s latest update, Canada continued …
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 …
