The electric vehicle market is expected to grow by around US $343 billion from 2024-2028, according to a recent update from Technavio. The company also estimates it to grow at a CAGR of 13.51% during this period. The Asia–Pacific (APAC) …
New vehicle supply is normalizing in a slowing economy with high rates, while pricing power has gone down and vehicle affordability is on the rise. That is according to a snapshot of the state of the automotive industry in the …
Returning from the long weekend, dealers may be interested to note that the Canadian used wholesale market saw a decline in prices of -0.17% for the week ending on March 30, according to Canadian Black Book. That is right in-line …
If you could describe a look of genuine surprise, it was watching Shannon Willsher accept her ABSC Alumni of the Year award at a special reception held by taq Automotive Intelligence, ABSC and Accelerate Auto just prior to VIP Night …
The 2024 Canadian International AutoShow is back in full-force, with 45 OEMs being represented — up from 28 at last year’s show. There were 25 Canadian debuts and two world debuts at the show that officially opened to the public on Feb. 16 and …
Last year sales per dealership franchise rose to the highest level since the start of the pandemic, according to DesRosiers Automotive Consultants. In a recent update, DAC described the 2023 new light vehicle market in Canada as having experienced consistent …
Public charging infrastructure for electric vehicles may not be up to par with consumer expectations, but home charging seems to be providing a satisfying experience. That is according to J.D. Power’s 2024 U.S. Electric Vehicle Experience (EVX) Home Charging Study, …
The average cost of car ownership in Toronto, Ont., is now more expensive than what it was pre-pandemic, potentially fuelling the car-sharing and ride-sharing markets as consumers consider the situation. Toronto saw the average cost of car ownership jump 52% …
The Electric Circuit recently announced the commissioning of its largest fast-charging point at the La Porte de l’Érable rest area located at Exit 228 on Highway 20 in Saint-Louis-de-Blandford, Québec. The small town, located north east of Montréal, already has …
Honda is the major winner of Kelley Blue Book’s 2024 Consumer Choice Awards in the United States, formerly known as the Brand Image Awards. The company announced the winners on March 27. The awards are based on KBB’s annual new-car …
Electric vehicle owners, many of whom maintain similar expectations around original equipment tires as owners of gas-powered vehicles, say their tires are wearing out faster. That is according to a J.D. Power 2024 U.S. Original Equipment Tire Customer Satisfaction Study …
The Policaro Group recently announced the opening of its new BMW dealership in Etobicoke, Ont., the group’s second BMW store in the Greater Toronto Area. BMW Etobicoke is 65,000 square-feet and offers a 10-car showroom, nine-bay customer service drive-through department, …
