Registration for the CADA Summit 2022 is now open and is set to take place on February 16 as an online event, according to Bonnie Wasser, Industry Relations Manager at the Canadian Automobile Dealers Association (CADA). “Registration has been very …
A December 2021 report from CDK Global, regarding what automotive retailers in the United States think about Artificial Intelligence (AI), found that many dealerships (68%) are already using AI or plan to do so within the next three years. “Artificial …
Canadian Black Book’s Used Vehicle Retention Index for December 2021 broke records after reaching a new high of 158.5 index points—up 5.9 points from the previous record set in November 2021. According to the company, there was a year-over-year growth …
Strong luxury sales last month helped drive average new vehicle prices in the United States up further—with new-vehicle average transaction prices (ATPs) reaching $47,077, according to Kelley Blue Book. In a news release, the company said prices were up significantly …
The CES 2022 saw a number of companies pull out of the in-person show in Las Vegas, Nevada, but according to CNET, the show was not a bust. “A number of big announcements, from Samsung’s first OLED TV to Sony …
Vietnam’s VinFast is lowering electric vehicle prices by renting the batteries, according to Driving.ca. It says the company is aiming for electric-gasoline price parity by doing this. “VinFast revealed no clues as to what the battery rentals might cost in …
The Tesla Model 3 was the second most popular new car in 2021 in the U.K. The automaker reportedly said its Model S Plaid has an estimated range of 396 miles (approximately 637 kilometres). With 190,727 new battery electric cars …
A Hyundai spokesman denied reports that the OEM, which includes Hyundai, Genesis and Kia divisions, is winding down development of internal-combustion engines to focus more on electric powertrains, according to Motor Authority. “Hyundai Motor Group can confirm that it is …
Shares of Rivian briefly fell below their IPO price last week (by as much as 16.5% to $75.13) in what Autoblog described as a broader selloff among electric vehicle makers “as the race for market share intensifies with legacy companies …
December 2021 sales of approximately 102,900 new vehicles in Canada were closer to pre-pandemic norms than at any time since March, down just 4.5% from a year earlier and 6.1% from 2019. But that modest recovery was too little, too …
The year 2021 ended on a positive note for the Canadian used wholesale market which saw an increase once again, marking the 21st straight week of price increases. Declining inventory continues to drive the increase as 16 of the 22 …
The Consumer Technology Association’s CES conference will close one day early with the in-person event now running January 5-7, 2022 in Las Vegas, Nevada. The step was taken as an additional COVID-19 safety measure. “As the world’s most influential technology …
