The global automotive cybersecurity market is projected to reach US$18.86 billion by 2033 as automakers add more connected and software-based technology to their vehicles, according to research firm MarketsandMarkets. The firm estimates the market at US$6.88 billion in 2026 and …
The U.S. electric vehicle market regained some momentum in July, Canadian dealers may note, with sales increasing from June across both the new and used markets, according to Cox Automotive’s EV Market Monitor. New EV sales reached an estimated 77,266 …
Canadian auto dealers may need to rethink how quickly they can respond to cyber attacks as artificial intelligence gives threat actors new ways to find vulnerabilities and target businesses. The Canadian Centre for Cyber Security warned in June that frontier …
New-vehicle inventory in the U.S. declined in July as stronger sales absorbed vehicles faster than automakers replenished dealer lots, according to Cox Automotive’s vAuto Live Market View. Available inventory stood at 2.73 million units at the beginning of August, down …
Reynolds and Reynolds drew record attendance to its fourth annual Amplify retail summit in Carlsbad, Calif., where dealers gathered to explore new technology, share operating ideas and get a closer look at the company’s expanding AI roadmap. The two-day event …
Independent repair shops have a significant advantage over new vehicle dealerships when Canadians are asked where they expect to find the best prices for vehicle maintenance and repair, according to new data from DesRosiers Automotive Consultants (DAC). The findings come …
U.S. new-vehicle prices reached their highest level of the year in July, even as the sales pace softened and consumers increasingly favoured lower-priced segments. Kelley Blue Book, a Cox Automotive brand, reported an average transaction price (ATP) of $49,855, up …
Dealers heading to Niagara Falls this fall will find an ACE 2026 agenda built around industry change, practical dealership strategies and opportunities to connect with suppliers. The Automotive Conference & Expo runs Oct. 15 and 16 at Fallsview Casino Resort, …
Hyundai Motor Group is expanding artificial intelligence across its business, building on a digital transformation effort that began in 2019. The automaker outlined its progress and future plans at its AX Achievement Showcase in Seoul on Aug. 12, saying accumulated …
Auto theft declined across Canada during the first half of 2026, extending a downward trend as governments, insurers and law enforcement continue efforts to combat vehicle crime. Équité Association’s First Half of 2026 Auto Theft Trend Report found 20,759 private …
CarGurus has announced the winners of its 2026 Top Dealer Awards, recognizing Canadian dealerships that stand out for customer satisfaction and competitive vehicle pricing. The automotive marketplace said fewer than 10 per cent of dealerships on its platform earned the …
Artificial intelligence adoption is becoming widespread across automotive retail, but dealers are still working out how to turn the technology into measurable business results. The inaugural Cox Automotive AI in Auto Retail Tracker, a quarterly study of dealers and vehicle …
