Affordability pressures are fundamentally changing how Canadians approach vehicle ownership, with consumers holding onto vehicles longer, prioritizing lower operating costs and placing greater emphasis on long-term value, according to a new market analysis from Canadian Black Book (CBB). The report …
UVeye has officially expanded into Canada, with its AI-powered vehicle inspection systems now operating at dealerships in British Columbia and Ontario as the company begins a broader national rollout. The company announced July 30 that its computer vision technology is …
Canadian auto dealer senior editor Todd Phillips interviews Paige Nethercott, Event Manager for ACE with the Motor Vehicle Retailers of Ontario (MVRO) about the association’s Automotive Conference & Expo (ACE) event happening October 15-16 in Niagara Falls. This …
Artificial intelligence is taking on a larger role in the vehicle shopping journey with CarGurus launching a new AI-powered shopping assistant for Canadian consumers. According to CarGurus, its new conversational tool, called Guru, allows shoppers to describe the type of …
Online used-vehicle retailer Clutch is expanding its physical presence in Atlantic Canada with the opening of a new customer hub in Halifax, continuing a strategy that combines digital retail with in-person customer support. According to a company announcement, the 11,000-square-foot …
Canadian wholesale used-vehicle prices continued their gradual decline during the week ending July 25, although depreciation moderated compared with the previous week, according to the latest Canadian Black Book (CBB) Market Insights report. Overall wholesale values fell 0.32 per cent, …
The increasing complexity of today’s vehicles is driving collision repair costs higher in Quebec, even as auto theft continues to decline, according to new statistics released by the Groupement des assureurs automobiles (GAA). The average cost of a collision claim …
Ontario was the only province to record a year-over-year decline in new light-vehicle sales in June, falling 2.6 per cent and offsetting some of the gains posted elsewhere in Canada, according to DesRosiers Automotive Consultants. The decline represented nearly 2,000 …
Vancouver Community College is launching four automotive training programs aimed at helping British Columbia dealerships and service operations build a stronger pipeline of technicians with electric and hybrid vehicle skills. The new programs were developed with input from the automotive …
When most people think about the future of transportation, they picture electric vehicles, connected cars, autonomous driving technology and increasingly sophisticated software. Few stop to consider the people who will keep those vehicles safely on the road. Yet one of …
Canadian wholesale vehicle values declined for a seventh consecutive week during the period ending July 18, with truck and SUV segments continuing to face the greatest pressure, according to Canadian Black Book. Overall values fell 0.42 per cent, while truck …
DSMA has appointed Michelle Christie as an M&A Associate focused on trucking, heavy equipment and agriculture dealerships across Western Canada. Christie will work with dealership owners in Manitoba, Saskatchewan, Alberta and British Columbia on succession planning, valuations, acquisitions and ownership …
