Recent data from DesRosiers Automotive Consultants (DAC) shows that February was a robustly strong month that saw new light vehicle sales reach an estimated 129,000 units, based on reporting OEMs. Keeping in mind that February has 29 days this year, …
The auto theft crisis continues to spiral out of control and auto industry groups did their bit to try to educate a committee of MPs and policy makers in Ottawa about the scope and the scale of the problem. The …
Loans represented 53% of total transactions for new vehicles over the past 12 months, while cash was 26% and 21% were leases, according to J.D. Power’s Canada Automotive Market Metrics for February 2024. The report, recently released, shows that loans …
Go Auto recently acquired Kia West in Coquitlam, British Columbia, raising its count of dealerships in the Lower Mainland to 13 as the company continues to grow its network. “We are excited to leverage the achievements of Kia West and …
For dealers still on the fence about the electric vehicle shift, or just how wide the ripple effect may be, it is worth considering that Dodge has invested in and now has a fully electric muscle car — and has …
The quality and design of electric vehicles set some models apart from the others, but public charging concerns continue to impact all consumers in the United States. That is according to J.D. Power’s Electric Vehicle Experience (EVX) Ownership Study, which …
In working with friends and colleagues at the Used Car Dealers Association, DesRosiers Automotive Consultants reached out to the Canadian used vehicle dealer community and discovered that there are major dynamics at play as the market shifts. More than 400 …
A new “American” report released by Ontario-based software company ChargeLab found that 86% of EV drivers in the United States now have access to a home charger, while 59.6% still use public chargers on a weekly basis. The company’s …
The federal government will invest nearly $5 million to install more than 500 new electric vehicle chargers, including 40 fast chargers, across Toronto, Ont. The announcement was made by Jonathan Wilkinson, Canada’s Minister of Energy and Natural Resources, on Feb. 28. …
The federal government recently announced $2,547,500 in funding for British Columbia-based Quantum Technology to scale-up production of its green hydrogen technology meant to help power more zero-emission vehicles. The announcement came from Harjit S. Sajjan, Minister of Emergency Preparedness and …
CanadianBlack Book has partnered with Autocorp.ai, having announced its integration with the automotive fintech company earlier this week. The move is meant to make the vehicle buying experience smoother and more efficient for consumers and dealerships — particularly where …
Dealers may be interested to note the latest example of an automotive manufacturer that has decided to expand its opportunities by putting its eggs in more than one basket: Mercedes-Benz and its real-estate project. The OEM teamed up with the …
