In the last two years, demand for used vehicles appears to be boosting dealer transaction prices, at least that’s the view of Manheim Auctions’ chief economist, Tom Webb. He says that based on data compiled between October 2010 and October …
A spokesperson for Ford Motor Company said on Monday that it is working on a fix for its 2013 Escape and Fusion models, which have been the subject of recalls following engine fires related to overheating and fuel leaks. Although …
Dealertrack Technologies Inc. (formerly known as DealerTrack Holdings) has unveiled a new brand identity and updated corporate website designed to represent the company’s position as a leading driver of innovation and progress across the automotive retailing industry. As a result, …
South of the border, ALG, a market intelligence firm, has announced the results of its 14th annual Residual Value Awards, with Honda and Acura earning awards for top Mainstream and Premium brands, respectively. Acura returns to the top ranking among …
According to a recent article by Ward’s Auto, in order for Canada to remain a leader in both auto sales and manufacturing, several factors are seen as being critical to that future success. A key one, concerns a second bridge …
General Motors is accelerating the development of electrified vehicles in China, according to Jon Lauckner, who is GM’s Chief Technology Officer, as well as vice president of GM’s global R&D and president of GM Ventures. “China has made electrification a …
According to a new report by the Conference Board of Canada, auto sales, expected to reach their highest level in a decade this year, are likely to slow in 2013 as pent up demand for vehicles following the Great Recession …
A growing population and a dramatic increase in real estate prices over the last 20 years has witnessed many changes in Vancouver. For auto dealers servicing the metro area that has also meant looking at new locations as rents in …
Recently, the Canadian Automobile Dealers’ Association (CADA) announced the appointment of Alex Baum to the position of chairman. Baum, who is also the owner and general manager of Cochrane Toyota in Cochrane, Alta., recently talked to Canadian auto dealer about …
Tesla Motors has opened its first factory store, in a new extension of the Yorkdale shopping mall in North Toronto. Just prior to the location’s official opening, Canadian auto dealer was invited to talk with George Blankenship, Tesla’s vice president …
In an exclusive interview with Canadian auto dealer, TD Auto Finance’s new president and chief executive officer, Paul Clark talked about his background in the industry and TD’s new strategy in the auto financing sector, specifically as it relates to …
Dealers who sell and service Toyota’s Prius can perhaps breathe a sigh of relief. According to a new report by the National Insurance Crime Bureau in the U.S. the Prius hybrid is not popular with thieves. The agency says that …
