The decline continued for the overall prices in the Canadian used wholesale market for the week ending on April 22—down 0.23% compared to the previous week’s -0.04%, according to Canadian Black Book. The 2017-2019 average for that week was -0.08%. The …
Honourable Jonathan Wilkinson, Minister of Natural Resources, announced on April 27 an investment of more than $2.6 million to Montreal-based Tugliq Energy Co. to address barriers to electric vehicle (EV) infrastructure in Northern Quebec. “By investing in making EV chargers …
The Great Place to Work Institute has announced it has once again recognized Hyundai Auto Canada Corp. in the top 50 of Canada’s Best Workplaces for 2022. The institute, which is an authority on “high-trust, high-performance workplace cultures,” named Hyundai …
Porsche Canada continues to expand its Destination Porsche format, breaking ground this week at the Porsche Centre Ottawa, which will replace Mark Motors that has been the brand in the Ottawa/Gatineau region for almost 50 years. The facility, which is …
Quebec-based Martins Industries, which offers an array of tire equipment products sold across the globe, has acquired Checkpoint Safety. Based in Carnforth, England, Checkpoint’s innovative product line is devoted to wheel safety, including manufacturing the world’s first visual nut indicator. …
As a successful car salesperson, Morgan Crosbie is putting his earnings into helping the environment and actively promoting the automotive industry’s shift towards going green. The 32-year-old, who works for Finch Chevrolet Cadillac Buick GMC in London, said he looks …
Initially developed as a consumer robot, the limitless capabilities of TEMI have recently been unleashed with TEMI North America focusing on several vertical industries. In April 2022, TEMI North America chose The Justin Poy Agency as the “Exclusive Reseller and …
The popularity of SUVs is at an all-time high, with global SUV sales reaching a record-breaking 30.7 million in 2020. It’s no secret that SUV prices vary by country, and the same model can cost over twice as much in …
A “uniquely difficult environment” was cited as the reason for the used auto retailer Carvana’s giant loss of over (US) $11 billion in the first three months of this year. It was a much larger-than-expected quarterly loss that’s taking a …
There is huge customer support for going digital when it comes to getting financing, according to a car buyer financing journey study by Cox Automotive. Though less than 30 per cent of buyers actually used online financing, 96 per cent …
Phyron, a Swedish video tech company that uses artificial intelligence to produce automated videos for the auto industry, today announced they are opening a new office in Toronto as part of a strategic expansion into North America. The new …
The used car market is expected to surpass USD 2 trillion by 2028, reported in a research study by Global Market Insights Inc. Substantial increase in urbanization supported by vehicle ownership trends is likely to augment the industry growth. The …
