Data from Equifax’s Canada Q3 Business Credit Trends Report may be of interest to dealers, especially those just starting out, as findings show newer Canadian businesses are driving significant growth in debt balances. The company said it sets a complex …
2024 CADA Workforce Study explores wages, retention and turnover The findings of the 2024 CADA Workforce Study were just released, where a record number of Canadian Automobile Dealers Association (CADA) member dealers participated in an extensive study of the labour …
AMBASSADORSHIP For extraordinary service to the community and the industry Duane Rath Motor Hub Auto Group, Truro, NS Most important success factor: The key factors for my success have certainly been my two great business partners. Initially, that was …
Focus on converting top line revenue into actual operating cash flows What is the actual purpose of a business? What are you really trying to accomplish? Why are you grinding it out every day, dealing with customer issues, employee matters …
Buy and sell experts offer their advice on what dealers need to know when selling their dealerships. Dealers looking to sell their business face a variety of factors, some of which they may not be aware of, and find …
Just when your head was reeling with the information from one speaker, another bounced on stage and delivered more insights and information. The well choreographed CADA Summit 2024 went off without a hitch on Wednesday, and the dealers Canadian auto …
AMBASSADORSHIP For extraordinary service to the community and the industry PETER HEPPNER Preston Chevrolet Buick GMC Cadillac Ltd., Langley, B.C. Advice to others: This business remains one of great opportunities in my view. Where else can someone with little …
We may have to be prepared for some short-term pain before long-term gains To say that the past few years have been the catalyst to a ”new normal” would be an understatement. So many different world events since 2018, and …
Lana Payne’s victory as the first woman president in Unifor history is considered significant. At the same time, she and several other women executives within the automotive industry recognize that females lag behind males in leadership roles in this sector, …
Toronto’s marquee racing event returned to the city last weekend, as fans flocked to the Honda Indy to cheer on their favourite cars and drivers for the first time in two years. In lieu of paid admission, fans were encouraged …
Canadian auto dealer editor, Stephanie MacDonald, gets a chance to catch up with Francesco Policaro, president of the Policaro Auto Group. Policaro discusses choosing the Kitchener/Waterloo region as the place to expand, the status of the exciting new 75,000 square …
The conflict in Ukraine led to a rise in gas and diesel prices in the United Kingdom where they have now reached record highs, according to Auto Express. Simon Williams, a RAC fuel spokesman, said “Russia’s actions will now push …
