8 X JEFF KOONS BMW unveiled by BMW Laval
BMW Laval recently hosted an event to unveil the new, exclusive M850i xDrive Gran Coupé that was designed by artist Jeff Koonz. As one of only 99 created, and one of only three 8 X JEFF KOONS that came to …
Category: Industry News
TADA Executive Director Todd Bourgon talks about the upcoming ACE Conference
Canadian auto dealer‘s Senior Editor Todd Phillips talks with Todd Bourgon, Executive Director, TADA about the upcoming ACE Conference and Expo taking place October 19-20 in Niagara Falls, Ontario. The two-day event features the largest trade show for the auto …
OEM/dealer data sharing landscape likely to change dramatically: Hyundai President
The relationship between car manufacturers and dealers in the area of sharing data information could be changing dramatically, possibly within the next 12 months, says the President of Hyundai Canada. Don Romano said that because of connectivity, more information about …
Crosby Auto Group a multigenerational family affair
Crosby Auto Group is very much a family business historically, but over the years it’s come to represent that in other ways. What began with Gordon Crosby starting the business in 1966 with Crosby Volkswagen in Kitchener-Waterloo, has continued with …
Saskatchewan outperforms country in new vehicle sales: DesRosiers report
Decreases in new auto sales were the norm across the country for August, but there were a couple of notable exceptions, according to the latest sales report from DesRosiers. The report states “While the majority of provinces noted new light …
GM invests in Lithion Recycling to pursue “circular battery ecosystem”
General Motors Co.and GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion Recycling’s Series A financing round, “supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem.” The investment is intended to advance …
Used vehicle prices peaked in June, new cars still hot: AutoTrader interview
AutoTrader’s August sales figures are in, and while the new vehicle market prices are still on the increase, due to continued low supply and high demand, it appears that used vehicles supply is finally increasing, leading to a slight drop …
Sylvie Gagnon hired to boost Templeton Marsh M&A in Quebec
Templeton Marsh Mergers & Acquisitions has hired ScotiaBank Auto Finance executive Sylvie Gagnon as Director of Sales in Quebec to step up its presence in the province. Templeton Marsh Managing Partner Samir Akhavan told Canadian auto dealer he hired Gagnon, …
CADA shares five crucial data sharing principles for dealers
The Canadian Automobile Dealers Association hopes its adoption of five data sharing principles developed by the National Automobile Dealers Association will collectively help dealers and manufacturers in Canada deal with what is considered one of the most complex issues in …
Reputation report names top auto brands, trends in a challenging year
Inflation and supply chain issues have been plaguing the automotive industry for the last two years, and some OEMs and dealerships have dealt with the challenges better than others in the eyes of consumers. To gauge who is sailing high …
Autonomous cars still freak people out: Policygenius report
There’s a lot of hoopla around self-driving cars these days, and the rise of this technology is undeniable. Whether that is something consumers are interested in, is another matter. A new survey from insurtech leader Policygenius confirms there is “widespread …
Another price decline week in the used car market, supply improving
The Canadian used wholesale auto market continued its slow and slight slump, while remaining near record high valuations. This week is down -0.27%, similar to the 2017-2019 average, which was -0.26%, according to Canadian Black Book. The Canadian wholesale market …
