Canadian used vehicle wholesale prices for two- to six-year-old vehicles declined by an average of 0.5 per cent in recent tracking, according to the May Residual Value Newsletter from Canadian Black Book. The report noted that while values are still …
Mercedes-Benz Canada has named Susann Mayhead as its new President and CEO, according to a news release from the company. Mayhead, in the position since May 1, succeeds Andreas Tetzloff, who is leaving the organization at his own request after …
Sym-Tech Dealer Services is betting that better-trained people and a better customer experience lead to stronger F&I outcomes In dealership F&I, performance is usually measured in results: revenue, product penetration, and consistency from one manager to the next. But Derek …
The federal government has unveiled a $6-billion plan to recruit, train and hire up to 100,000 skilled trades workers, positioning the initiative as a key pillar in strengthening Canada’s workforce and industrial capacity. Announced as part of the spring economic …
Two Quebec-based insurers are seeking $72 million from Honda, Toyota and Stellantis in a lawsuit that could reshape how theft-related losses are handled across the automotive sector, according to a report by Driving.ca. Based on the media outlet, Beneva and …
Average transaction prices for new light vehicles in Canada declined slightly in 2025, marking the first pullback after several years of sharp increases. Prices fell 0.6 per cent to $53,400, ending a run that saw average transaction values rise more …
Subaru Canada marked Earth Day this year by reaching a milestone of planting 10,000 trees. This marks the completion of its initial goal tied to the Leave No Trace Canada Pledge. The automaker, which became a supporting partner of Leave …
General Motors Canada said it will invest $691 million in its St. Catharines Propulsion Plant to support production of its next-generation V-8 engine. In a news release, the company said the sixth-generation engine will power high-demand vehicles, while the plant …
New platform offers dealers an alternative to established used vehicle pricing tools Few areas of dealership operations are as entrenched as used vehicle pricing. For years, most Canadian dealers have relied on a small number of platforms — most notably vAuto — …
Dealerships are facing mounting pressure from tariffs, rising costs and softening demand, according to an insight from MNP. Tariffs are now showing up in wholesale pricing, parts availability and conversations with original equipment manufacturers, making day-to-day operations harder to manage …
DSMA has appointed Farah Mohammed as director of industry relations for Canada, expanding its focus on strengthening connections between dealerships and original equipment manufacturers. In the newly created role, Mohammed will act as the primary liaison with OEMs, supporting clients …
U.S. new-vehicle affordability showed signs of improvement in March, even as broader economic pressures continued to weigh on consumers, according to the latest Auto Market Weekly Summary from Cox Automotive for the United States. Stronger household income, increased incentives and …
