Canadian Black Book’s Used Vehicle Retention Index now sits at 158.0 points for March 2023 — up slightly, when compared to last month’s 157.9 points. “The Canadian wholesale market continues to show overall stability as the economy continues to show strength …
A Canadian company introduced a product for dealers to help prevent fraud during the online car shopping and financing process. Autocorp.ai is an Ottawa-based automotive fintech company specializing in virtual retail and commerce technologies. “You have consumers that are using …
The annual conference and networking event, Canadian Dealer Excellence East, or CADEX for short, was held this past Wednesday in Halifax, N.S. The event brought industry experts and keynote speakers for an intense half-day conference followed by a President’s Dinner …
Thirty-nine per cent of Canadians are less likely to purchase or lease a vehicle this year due to high rates of inflation, while many are also worried about the increased cost of living—according to a new survey conducted by Leger …
Kelley Blue Book recently announced the winners of its 2023 Brand Image Award winners, which includes a new Best EV Brand Award category. The awards are based on data regarding annual new-car buyer perception, as the categories consider car shoppers …
New data from J.D. Power Canada’s Automotive Market Metrics (its March edition) reveals that loans represented 53 per cent of total transactions for new vehicles over the past 12 months. Leases represented 24 per cent, and cash payments were 22 …
About 1,500 new Mitsubishi cars are sitting in a lot in Nanaimo, British Columbia, awaiting transportation to local and nationwide dealers, though there is no specific timetable for when that will happen. The cars, which were shipped from Japan, arrived …
New-vehicle sales in Canada improved in both March and the full first quarter of 2023, relative to the same periods a year ago. But those improvements were marginal and they continue to disappoint, failing to signal any imminent upturn in …
The Honda Canada Foundation is donating $200,000 over the next two years to Habitat for Humanity Canada to help support Black families with homeownership. “Access to affordable homeownership is a dream for many hard-working families and today’s housing market makes …
Juice Americas, an American subsidiary of Swiss-based Juice Technology AG, announced the availability of its portable two-in-one electric vehicle charger in Canada. Known as J+ BOOSTER 2, the level-2 portable charging station is being made available from two distributors in …
AutoCanada plans to expand its existing strategic relationship with Kijiji so its dealerships can benefit from greater access to Kijiji’s car shopping audience while consumers can browse more of the dealer group’s inventory. The expanded partnership means that Kijiji will …
Two Canadians in the automotive dealership business are about to become first-time owners of a store in Southern California, after discovering that it was financially more feasible than trying to purchase one in Canada. Phil Alalouf and Todd Hewitt, both …
