Kia Canada has announced that a limited edition Stinger is coming to the Canadian market. Available in the fall, the neon orange Stinger will be based on the 2021 Stinger GT Limited model and will feature a 3.3L Twin-Turbo GDI …
Canadian Black Book (CBB) released data for the week of July 28th showing small week by week gains that may indicate a slow strengthening across the industry. The report noted that the small weekly gains they’ve been tracking will make …
Cars.com Inc., a leading digital automotive marketplace and solutions provider, recently shared a large amount of consumer data and research that they’ve been tracking since the pandemic hit in March, 2020. Based on this data, the company has identified several …
Cox Automotive, which includes brands like Autotrader, Kelley Blue Book, Dealertrack, vAuto and Manheim has a new president. Cox Enterprises announced this week that effective August 3, 2020, Steve Rowley will take on the new role. The announcement was made …
Toyota Research Institute — Advanced Development, Inc. (TRI-AD) announced this week that it will be expanding its operations. Effective January 2021, the company will launch a holding company and two operating companies. Woven CORE, Inc. and Woven Alpha, Inc. will …
Moving forward, Sunridge Automotive is increasing the precautions they take when accepting trades and buy-ins, after a truck the dealership had screened was discovered stolen. The vehicle in question had been re-VINed with a VIN that was not stolen, and …
International Fortune 500 automotive retailer Group 1 Automotive, Inc. reported a 2020 second quarter net income of $30.2 million this week and a second quarter total revenue of $2.1 billion. “Rapid and deep cost cuts, combined with a quicker-than-expected U.S. …
Car dealerships have met the challenge of COVID-19 by reinventing the sales and service process. British Columbia — and other jurisdictions — have begun the process of reopening their economy in a safe and responsible manner. BC’s New Car Dealers …
Amid the chaos and pain, is there an opportunity for reinvention? During the months after the COVID-19 lockdowns, the focus of all businesses will clearly be on hard issues: getting the business back to capacity, regaining lost revenue streams and …
The pandemic has disrupted the auto industry, but momentum towards EVs continues. It has been a tenet of the auto industry, since long before the COVID-19 pandemic upset everybody’s plans worldwide, that the future will be both electric and autonomous, …
How the highest-selling EV dealers climbed to the top and stayed there. We’ve had the pleasure of working closely with some of Canada’s best performing electric vehicle (EV) dealerships for years. It only seems fair that we reveal some of …
The longer-term impacts of the pandemic are just starting to manifest. It will be anything but business as usual for automotive retailers. Control over the COVID-19 pandemic appears to have improved, and many of us that have been working at …
