Automotive retailers in Canada are increasingly focused on running efficient operations; as new vehicle supply remains low and interest rates continue to climb. That was evident in J.D. Power’s recently released 2023 Canada Dealer Financing Satisfaction Study, which found that …
Legacy businesses that have an established, long-term customer base and a specific way of operating face the challenge of doubling down on their successes and core competencies now, while also making room to explore future growth. That is according to …
Dealers in Canada may be interested to know that the average transaction price for light trucks surpassed $50,000 in 2022 — a first, according to DesRosiers Automotive Consultants. DAC said the average transaction price of a new light vehicle has …
CDK Global recently launched an e-book called Five Service Features To Invest In Now, which details survey results stemming from its Service Shopper 2.0 market research for dealership business growth. Among the many highlights; the book notes that, when it …
The federal government has turned its focus on the transportation sector in hopes of lowering emissions and boosting the adoption of zero-emission vehicles in Canada. A call for proposals to support research, development and demonstration (RD&D) projects aimed at eliminating …
Inflation and other economic factors have an impact on the attitudes and actions of Canadian consumers looking to buy a vehicle, according to Canadian Black Book’s latest Ipsos poll. The report, which was released on May 23 and aims to …
The push for electrification continues, as more police departments in Canada seek to adopt electric vehicles. The latest example comes from the City of Repentigny, an off-island suburb of Montréal, Qué. The city and its police department (SPVR) recently completed …
The race for lithium is on, as vehicle electrification heats up across the globe; a recent news release revealed that Ford will buy lithium from Québec’s Nemaska Lithium for its electric vehicle batteries. The two companies entered a long-term, 11-year …
Vancouver-based 7Gen deployed its first all-electric Class 7 box truck to be used by a Canadian company. 7Gen is an electric vehicle and charging infrastructure leasing company that works with medium- and heavy-duty fleets. It displayed the Peterbilt 220EV in …
Dealers may be interested to know that used vehicle prices, which continue to decline in the Canadian wholesale market, are now down 0.06% for the week ending on May 20. Canadian Black Book’s latest Market Insights report reveals that the …
United Emirates-based company CAFU launched a Canadian-designed mobile electric vehicle charging van that will provide businesses or individuals with a boost to their cars or trucks wherever they are, regardless of the weather. The service, known as CAFU En Charge, …
A snapshot from DesRosiers Automotive Consultants of how April 2023 new light vehicle sales fared on a provincial level reveals a mix of increases and decreases. “Sales varied province to province in April, with no clear broader regional bias, highlighting …
