iA Financial Group has invested $10 million in Clutch, a Canadian business with a focus on online pre-owned vehicles sales. Clutch is a Toronto, Ont.-based company that was founded in 2017. It became one of Canada’s largest retailers of used vehicles …
Dealers wondering how far the use of Artificial Intelligence will range when it comes to the automotive industry may be interested to learn of Autocrypt and Emobi’s project. The two companies came together to launch what they described as the …
The Canadian used wholesale market experienced a decline in prices of around -0.44% for the week ending on July 6, according to Canadian Black Book. That decline is similar to the prior week’s -0.48%, but not as close to the …
Frost & Sullivan has recognized automotive cyber security firm Argus Cyber Security as an innovation and growth leader in its 2024 Frost Radar for Automotive Cybersecurity. Frost Radar is an analytical tool the company uses to evaluate businesses in two …
Canadian auto dealer senior editor Todd Phillips interviews Todd Bourgon, Executive Director of the Motor Vehicle Retailers of Ontario (MVRO), about the ACE Conference and Expo taking place in Niagara Falls between Oct. 17-18. The theme is “Discover the Future,” and …
The Canadian automotive market enjoyed 19 consecutive months of year-over-year increases prior to June — which came in even for the month, according to DesRosiers Automotive Consultants. “June 2024 sales as estimated by DAC came in at 169,000 (units) — …
AutoTrader.ca announced the launch of its new car shopping experience known as Storefront this week — a fresh tactic for automotive manufacturers and retailers to promote their new vehicle lineups to Canadian consumers that frequent the marketplace. The company said …
A change is coming to drivers in British Columbia who charge their electric vehicles at FortisBC’s stations. In a news release, the company said the change will be to how the total amount they pay is calculated. Instead of paying …
The Canadian used wholesale market’s decline in prices was a little more than the prior week, at -0.51% for the week ending on June 28 rather than the prior week’s -0.48%. However, it is still a far cry from the …
Issues continue to plague battery electric vehicles even as traditional automotive manufacturers are levelling the playing field with more electrified options. J.D. Power’s 2024 U.S. Initial Quality Study (IQS) found that the industry average of problems per 100 vehicles is …
The state of the economy has pushed many consumers to reconsider major purchases, according to a recent Léger survey commissioned by Toyota Canada. In a news release, the OEM shed some light on the economic pressures weighing consumers down. They …
The provincial government in Ontario has introduced automatic licence plate renewals in a move that is expected to save vehicle owners time amounting to more than 900,000 hours every year. The change took effect on July 1 and includes licence …
