Dealerships and auto lenders are facing added pressure from rising consumer delinquencies, as higher borrowing costs, stretched household budgets and longer loan terms continue to affect vehicle affordability. Nick Cherry, Divisional Chief Executive Officer of Ardent Credit Services and Phillips …
A stronger federal greenhouse gas emissions standard for light-duty vehicles could help attract $21 billion in zero-emission vehicle charging infrastructure investment across Canada by 2035, according to a new analysis by the Canadian Charging Infrastructure Council (CCIC). The policy brief, …
Global Automakers of Canada is urging Canada, the United States and Mexico to recommit to tariff-free automotive trade as the Canada-United States-Mexico Agreement enters its scheduled review period. In a statement, the association said the agreement’s review presents an opportunity …
Canada’s new light-vehicle market posted its first year-over-year sales increase in nine months in June, according to DesRosiers Automotive Consultants (DAC), ending a string of eight consecutive monthly declines. DAC estimates 182,000 new light vehicles were sold during the month, …
AutoCanada has expanded its Ontario collision repair network with the acquisition of a Stratford, Ont., collision repair business, continuing its strategy of building regional repair capacity to support its dealership operations. The Edmonton-based retailer announced July 2 that the facility, …
A new analysis from Cox Automotive suggests the affordability challenges facing new-vehicle buyers are being driven by broader economic pressures, not simply the price of a vehicle. In an article published following the company’s 2026 Mid-Year Review, Cox Automotive said …
HGreg has been named a recipient of the 2026 Canadian Business Excellence Award for Private Businesses, marking the fourth consecutive year the Quebec-based dealership group has received the national recognition. The award, presented by Excellence Canada, recognizes organizations that demonstrate …
Reynolds and Reynolds has released new details about its Amplify 2026 retail summit, outlining a workshop agenda centred on artificial intelligence, dealership operations, compliance and data management. The annual event will take place Aug. 10-11 at the Park Hyatt Aviara …
Turo has expanded its Canadian airport network with the launch of operations at YUL Montréal-Trudeau International Airport, marking the latest step in the continued growth of alternative vehicle-access models across Canada. The new partnership with ADM Aéroports de Montréal comes …
Despite ongoing inflation and pressure on household budgets, the U.S. automotive market continues to show resilience, according to Cox Automotive’s latest Auto Market Weekly Summary. The report said U.S. new-vehicle transaction trends remained solid through the middle of June, while …
Justin Poy says Canada has something China’s fast-growing auto retail sector needs: decades of dealership management experience. Through the Global Dealer Academy, Poy and his partners are working with Georgian College in Barrie, Ont., to deliver a licensed Canadian automotive …
Mercedes-Benz Canada has expanded its retail presence beyond the dealership with the opening of Mercedes-Benz Studio Toronto, an immersive brand experience inside Holt Renfrew’s flagship store on Bloor Street. The studio, which opened June 26, is the first Canadian location …
