Canadian Black Book recently announced its 2023 Best Residual Value Awards, which includes 16 vehicle categories and five overall brand categories. This is the second year that CBB is presenting these awards, with 2023 highlighting some intriguing trends around electric …
Increased consumer spending on new vehicles in the U.S. is helping to pave the way for a first-quarter record, with total sales expected to reach 3,526,700 units — a 7.3 per cent increase from Q1 2022, when adjusted for selling …
A national survey described as the “largest-ever survey of Canadian Electric Vehicle (EV) owners” points to extremely high satisfaction rates among consumers, according to the British Columbia Automobile Association (BCAA). The survey was conducted by the Canadian Automobile Association in …
While he said his company is moving aggressively towards producing electric vehicles, the President and CEO of Honda Canada said he is concerned about whether the right conditions will be in place to meet the federal government’s proposed targets. In an …
Prices declined in the Canadian used wholesale market by 0.20% for the week ending on March 21, according to Canadian Black Book’s latest Automotive Market Update. Car segments were down 0.15% this week (compared to -0.21% the previous week), while …
CarGurus announced the release of its ninth annual Top-Rated Dealer Awards, which honours dealerships that consistently provide consumers with exceptional service, guidance, and support. As part of the award process, the company considers reviews on its platform from verified car …
Canada is number six on a list that ranks which countries experienced the largest gas price increase around the globe. Canada saw prices increase 10.9 per cent in 2022 from 2021. The research was conducted by DriveElectric, which looked at …
Timothy Awojobi, an Air Force veteran living in Newark, New Jersey, received a vehicle on March 18 as part of the National Auto Body Council’s Recycled Rides program. As part of the program, businesses of the collision repair industry come …
Cox Automotive is discontinuing physical auction sales at its Manheim Edmonton location but plans to invest even more in Toronto and Montreal. Matt Trapp, Manheim Regional VP, East/Canada, told Canadian auto dealer that following the divestiture of some of its …
CADEX is returning to its normal place on the calendar for 2023, and will be held on Wednesday April 5 at the Halifax Marriott Harbourfront Hotel. The day begins at 10:30 a.m. and the conference sessions start at noon. The …
The move to electrified vehicles won’t be without its bumps in the road and already EV owners are unhappy with things such as rising electricity rates and the speed of chargers. A new J.D. Power 2023 U.S. Electric Vehicle Experience …
New cars continue to be priced well above MSRP, even as the supply chain slowly improves, and despite rising economic concerns that typically dampen consumer demand for large ticket items. A new iSeeCars study found manufacturer pricing for new cars …
