The Canadian used vehicle wholesale market remains relatively flat—up only 0.09% for the week ending on February 25, according to Canadian Black Book’s latest update. The market average from 2017-2019 for the same week was -0.14%. The overall car segment …
Hyundai Motor Company plans to accelerate its electrification plan, with the goal of selling 1.87 million battery electric vehicles (BEVs) annually by 2030 and targeting 7 per cent of the global electric vehicle market share by that date. “Hyundai is …
Automotive Properties REIT, which focuses on acquiring automotive dealerships in Canada, recently added two Tesla properties to its portfolio—for a combined purchase price of $25.9 million. The Tesla dealerships are located in Quebec City, Que., and Innisfil, Ont. The tenant …
Le Groupe Le Prix du gros acquired Hyundai Trois-Rivières in Quebec. This latest addition to the group, which offers one of the largest inventories of new and used vehicles in the province, brings together 13 of the biggest car brands …
The Honda Civic was named 2022 Canadian Car of the Year and the Hyundai Tucson as the 2022 Canadian Utility Vehicle of the Year. The news was announced on REV TV and ajac.ca on March 1. The winners were selected …
Kelley Blue Book revealed the 2022 winners of its 20th Annual Best Resale Value Awards, with Toyota capturing the “Brand” award and Lexus garnering the “Luxury Brand” award. “Toyota and Lexus, respectively, are the best vehicle brand and luxury brand …
A recent study from Kijiji Autos offers guidance to dealers on how they can reach more customers digitally. The study was created in collaboration with BrandSpark International and aims to help dealers increase sales, and connect with three distinct buyer …
As some U.S. politicians try to capitalize on the recent Canada-U.S. border blockades to claim Canada isn’t a reliable manufacturing location, Ontario Premier Doug Ford pushed back by restating that Ontario remains a great place to do business. In a …
Accelerate Auto took part in an executive roundtable featuring leaders from across the Canadian automotive industry who are championing diversity and inclusion at all levels. The virtual event was sponsored by Scotiabank and moderated by Stephanie Henry, On-air Personality for …
HGreg INFINITI Laval has been named the top ranking INFINITI vehicle retailers across Canada for the second year in a row. To date, HGreg INFINITI Laval is the only Quebec dealership to reach the top of the Canadian ranking for …
Keyloop company RAPID RTC announced a new strategic partnership with AutoTrader.ca that is designed to enhance the online car shopping experience for Canadians. Keyloop specializes in digital communications and lead management for the automotive industry, and announced this week that …
Ivy Charging Network, ONroute and their partners, Canadian Tire Corporation (CTC) and the Ministry of Transportation (MTO) have announced the opening of six EV fast-charging stations along highway 401. “These new EV fast charging stations will boost EV ownership, support …
