For someone who came to Canada as a teenage immigrant from Italy, Ralph Chiodo made the most of his life in a new country as a successful entrepreneur in the automotive industry and a philanthropist. Chiodo, 78, is the President …
Registration for the CADA Summit 2022 is now open and is set to take place on February 16 as an online event, according to Bonnie Wasser, Industry Relations Manager at the Canadian Automobile Dealers Association (CADA). “Registration has been very …
A December 2021 report from CDK Global, regarding what automotive retailers in the United States think about Artificial Intelligence (AI), found that many dealerships (68%) are already using AI or plan to do so within the next three years. “Artificial …
Canadian Black Book’s Used Vehicle Retention Index for December 2021 broke records after reaching a new high of 158.5 index points—up 5.9 points from the previous record set in November 2021. According to the company, there was a year-over-year growth …
Strong luxury sales last month helped drive average new vehicle prices in the United States up further—with new-vehicle average transaction prices (ATPs) reaching $47,077, according to Kelley Blue Book. In a news release, the company said prices were up significantly …
December 2021 sales of approximately 102,900 new vehicles in Canada were closer to pre-pandemic norms than at any time since March, down just 4.5% from a year earlier and 6.1% from 2019. But that modest recovery was too little, too …
The year 2021 ended on a positive note for the Canadian used wholesale market which saw an increase once again, marking the 21st straight week of price increases. Declining inventory continues to drive the increase as 16 of the 22 …
The Consumer Technology Association’s CES conference will close one day early with the in-person event now running January 5-7, 2022 in Las Vegas, Nevada. The step was taken as an additional COVID-19 safety measure. “As the world’s most influential technology …
Amazon announced a number of new automotive products, features, integrations, and collaborations at this year’s CES. One of those collaborations is with Stellantis. AWS will be Stellantis’ preferred cloud provider for its entire vehicle brand portfolio. The two entities have …
J.D. Power (Canada) released its December Automotive Market Metrics on Thursday. The data shows that in December 2021, the number of days to turn used vehicles dropped below 70 compared to the previous year’s 70 day average. The drop in …
Western Canada auto dealer Vaughn Wyant is overcome with emotion at his appointment to the Order of Canada, in particular because it’s an honour his late father received. The Order of Canada, created in 1967, is one of Canada’s highest …
Perry Lefko, an experienced automotive journalist has joined the Canadian auto dealer team. Lefko is a multi award-winning writer and multi best-selling author who has been a journalist for more than 35 years. Twenty-one of those years were spent with …
