Category: Industry News

U.S. dealer confidence slips

September 11, 2026

U.S. auto dealers became less confident about market conditions in the third quarter as affordability pressures continued to influence vehicle demand, according to Cox Automotive’s Q3 2026 Dealer Sentiment Index. The survey of 929 franchised and independent U.S. dealers, conducted …

Auto sector pushes for trade stability

September 11, 2026

The Canadian Automotive Partnership Council (CAPC) is calling for greater stability in Canada-U.S. trade as the automotive industry contends with tariffs and uncertainty over future investment. CAPC members met in Toronto on Sept. 9 with federal Industry Minister Mélanie Joly …

Zhang joins McManes Automotive

September 9, 2026

Amanda Zhang is joining McManes Automotive Partners following a 23-year international career with Mercedes-Benz, marking a return to Alberta for the automotive executive. Zhang most recently served as CEO and board chair of Mercedes-Benz Malaysia and head of the company’s …

Used wholesale market nears flat

September 9, 2026

Canadian used wholesale vehicle prices were nearly flat last week as depreciation slowed significantly, according to Canadian Black Book’s latest Market Insights report. Overall market values fell 0.05 per cent for the week ending Sept. 5, compared with a 0.20 …

U.S. auto market holds steady

September 9, 2026

The U.S. automotive market continues to show resilience despite economic uncertainty, with Cox Automotive pointing to steady sales and growing demand for older used vehicles as signs that consumers continue to adapt. While tariffs, elevated interest rates and affordability concerns …

Buyers still want to haggle

September 3, 2026

U.S. vehicle buyers may want greater price transparency, but many still appear to value the opportunity to negotiate, according to new research from CDK. The company surveyed more than 1,000 vehicle buyers in the second quarter about the incentives they …

Used inventory squeeze persists

September 3, 2026

Used-vehicle sourcing remains a challenge for Canadian dealers, with nearly half of franchised new-vehicle dealers surveyed reporting that conditions worsened during the first half of 2026. The findings come from a survey by DesRosiers Automotive Consultants (DAC) and the Used …

‘Drifter’ returns to Toronto

September 3, 2026

Sung Kang is bringing Drifter back to Toronto, this time for the automotive-themed film’s world premiere at the 2026 Toronto International Film Festival (TIFF). Kang, known to automotive enthusiasts for playing Han in the Fast & Furious franchise, wrote and …