As Porsche prepares for an initial public offering, they are placing their bets on the future profitability of their EV divisions, Bloomberg reports. Porsche executives are clearly focusing on the EV revolution as a positive situation, not a hurdle to …
A 26-year-old Montreal entrepreneur who is a graduate of the Georgian College Automotive Business School and worked at a dealership for several years has started a service to give dealers high-quality leads from customers looking to buy used cars. Guy-Oliver …
One of the most important variables for the vehicle aftermarket is kilometres driven, having bearing on a wide range of aftermarket categories. Though there have been recent reports indicating that, in the latter six months of 2021, Canadians drove more …
Reynolds and Reynolds has joined the steering committee of the organization Standards for Technology in Automotive Retail (STAR) with the aim of further integrating their existing products to increase efficiencies and productivity for their clients. STAR has been developing voluntary …
The wholesale market as a whole continues to slightly decline, down -0.26%, more than the 2017-2019 average, which was -0.21%, according to Canadian Black Book. The Canadian wholesale market for used cars was down -0.40%, compared to being down -0.22% …
Profits from investment into electric vehicle infrastructure has been fueling a quickly changing landscape for the auto industry, says new research from Bain & Company. Though anticipated, these changes are happening even more quickly than most analysts predicted, with the …
A mutual interest between Groupe Gabriel and Hyundai Canada has resulted in a boutique store in downtown Montreal that will be specifically aimed at educating the public in electrification. The 3,000-square foot store, which has many interactive elements to it, …
Calgary-based Foundation Automotive Corp. has continued its aggressive expansion into the United States acquiring four new dealerships last week in the Savannah and Humboldt-Jackson areas in Tennessee from the Jones Motor Company. With the latest acquisition, Foundation now has a …
If you’re in the market for a vehicle that doesn’t need pavement, there are a lot of options out there. Fortunately, the kind folks at Kelley Blue Book US have put together a list of the best trucks for getting …
Steele Auto Group will have a significant presence in the Canadian Football League’s Touchdown Atlantic game between the Saskatchewan Roughriders on Saturday in Wolfville, Nova Scotia. Heidi Muise, Executive Assistant to Steele Auto Group Chief Executive Officer Rob Steele, told …
John Cappella was named as Porsche Cars Canada’s new President and CEO, starting this September, the company said in a release. He will be replacing Marc Ouayoun who has had the job since 2018, and will soon take over a …
Canadians who are wondering what it might be like to own an electric vehicle will now have the opportunity to experience the EV lifestyle without making a big commitment. In a partnership called EValuate, Hyundai Canada and peer-to-peer car-sharing marketplace, …
