Prices continue to rise in the Canadian used wholesale market, now for the 13th consecutive week, based on Canadian Black Book’s latest auto market update ending on November 5. Most vehicle segments saw prices rise, even as dealers continue to …
AutoCanada acquired a Stellantis dealership located in Crystal Lake, Illinois, in November, known as Crystal Lake Chrysler Jeep Dodge Ram. This is AutoCanada’s first Stellantis dealership in the United States, which expands the group’s presence in the Chicago metropolitan market. …
As interest in electric vehicles increases among automakers, consumers, and governments, Subaru unveiled its new battery electric vehicle (BEV) known as Solterra, and plans to show it off on November 17 at the LA Auto Show. This was the brand’s …
Kijiji Autos and Cox Automotive Canada teamed up to launch a digital retail marketplace that leverages Dealertrack and Kelley Blue Book, and provides consumers with “total control” of the car-buying experience. Kijiji Autos announced the partnership in November, noting that …
Canadian Black Book announced the results of the 15th edition of its Best Retained Value Awards, which points to “extreme growth” in used vehicle values. When averaged across all segments and vehicles in Canada, CBB said the results show that …
Seven in 10 drivers outside of Quebec now use winter tires, according to a new Leger survey commissioned by the Tire and Rubber Association of Canada (TRAC). The 2021 Canadian Consumer Winter Tire Study found that 79% of Canadian drivers …
The top automaker in the world is earning more than $38.8 million every hour, according to Uswitch, which looked at the annual revenue for each car brand between 2016-2020 and considered the number of sales made last year. For dealers …
Dodge Brand Chief Executive Officer Tim Kuniskis previewed the company’s two-year business plan “Never Lift” in November, which included several updates—one of them being the introduction of Power Brokers that focuses on its dealers. In a news release, the company …
New-vehicle sales in Canada fell to just 128,419 units in October, as estimated by DesRosiers Automotive Consultants (DAC), the lowest tally for the month since 2011. That total was down 17.7% from the same month a year ago, making it …
Prices continue to rise in the Canadian used wholesale market, now for the 12th consecutive week, according to Canadian Black Book’s latest auto market update. Nearly all vehicle segments saw prices rise for the week, as lack of inventory continues …
A recently released AutoTrader.ca Price Index reveals the longer-term pandemic impact on pricing due to higher consumer demand and a global supply shortage for new vehicles. Prices for both new and used vehicles are up month-over-month, when looking specifically at …
Porsche Cars Canada announced its first Porsche Experience Centre (PEC) in Canada—the 10th global centre and third of its kind in North America, after Atlanta and Los Angeles. The Porsche Experience Centre Toronto will be located on a 20-acre site …
