U.S.-platform TrueCar is forecasting that the nation’s total new vehicle sales will reach 1,460,820 units in March 2021 — up 42% year-over-year and up 13% from February 2021, when adjusted for the same number of selling days. They said the …
Recent news around the much-anticipated federal Budget 2021 was not missed by automotive industry professionals and associations — with the Trillium Automobile Dealers Association (TADA) eyeing opportunities to emphasize skilled trades to high schools. “Ontario’s new car dealers are in …
Bringing a global perspective to Canada’s changing automotive landscape. Despite the long cold winter and a harsh second wave of the pandemic, I am joyful to be home in Canada again. This is not to say I didn’t enjoy my …
Chrystia Freeland, Canada’s Deputy Prime Minister and Minister of Finance, announced on March 23 that the federal government will present Budget 2021 in the House of Commons on April 19 at around 4:00 p.m. ET. This year’s budget has been …
Ontario often sets the tone for Canadian new light vehicle sales each month, due to high volume, but in February 2021 DesRosiers Automotive Consultants (DAC) said the tone was “decidedly sour.” “With sales down 20.9% for the month, Ontario lost …
David Robins, Principal Automotive Analyst and Head of Canadian Vehicle Valuations at Canadian Black Book, explores the findings of a new study on the effects on car-buying trends amid the pandemic, along with the concept of “driving less means buying …
It’s been said time and again: customer experience is key — and particularly for women, who influence 85% of vehicle purchasing decisions and buy 65% of new vehicles, according to a July 2019 study from CDK Global. So why do …
The federal government announced that the current rate structures for the Canada Emergency Wage Subsidy (CEWS) from March 14 to June 5, 2021 will remain unchanged through June. For CEWS, that means using a pre-pandemic 2019 reference month as the …
Canadian used vehicle wholesale prices continued to trend up for the week ending on March 19, with car segments up 0.30% (compared to the previous week’s 0.15% increase) and trucks/SUVs up 0.55% (down 0.01% from a week earlier), according to …
Looking at how automakers are improving the customer experience — not just the buying process, but the vehicle ownership experience — Toyota has developed an app that explains how to install different makes of child seats into different Toyota models. …
Canadian Black Book has announced its 2021 Best Retained Value award winners for vehicles in 23 segments that have retained the highest percentage of their original MSRP after four years. Of the vehicles measured, data for the 2021 award indicates …
Daniel Aubin has been appointed as the regional manager for Quebec for vehicle financing company Eden Park. The company describes itself as Canada’s largest privately held non-prime auto finance company, and plans to expand operations in the province of Quebec …
