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 …
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 …
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, …
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 …
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 …
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 …
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 …
Pine View Auto Group President and Dealer Principal Frank Romeo considers himself lucky to have met Queen Elizabeth II and even has a funny story of breaking protocol when he shook her hand. It happened in 2010 when the Queen …
In an effort to build upon their 2021 Equitable Climate Action initiative, GM has recently joined the National Wildlife Federation as a founding member of the new Climate Equity Collaborative. This is an “initiative focused on addressing the disproportionate impacts …
Ahead of the opening of the Detroit Auto Show, TrueCar updated a survey performed in March 2022 and found a significant increase in interest in electric vehicles across the U.S. over the time period. The continued growth shows that consumers …
Subaru Canada is taking a lead in brand-specific collision repair, by launching new resources for Subaru owners, directing them to specialized Subaru Certified repair facilities. The all-new collision website www.subarucollisioncare.ca links Subaru owners who have been in a collision to …
After 15 years of owning a single-point dealership, during which time he became a President of the Trillium Automobile Dealers Association and then the President of the Canadian International AutoShow, Larry Lantz is retiring from the business. The 71-year-old sold …
