Canadian Black Book’s Used Vehicle Retention Index for December jumped 0.7% from November 2020 to reach 111.5 Index points, setting a new all-time high. The index was also up 2.9% year-over-year. CBB said there was an “unusually broad range of …
By connecting the dots between various platforms, Cox Automotive Canada has created an easier and more seamless remarketing process for dealerships. Partner Content Dealerships in Canada are always looking for better ways to efficiently source, fund, and deliver used vehicle …
Kia is doing away with its traditional corporate logo in favour of a new one that it says features “symmetry,” “rhythm,” and “rising” elements that reflect the automaker’s confidence and commitment to its customers. In a news release, the OEM …
Canadian auto dealer editor Todd Phillips interviews Stephen Poloz, former Bank of Canada Governor, about his upcoming CADA Summit talk on Feb. 3, 2021. Poloz was the governor at the start of the pandemic when the government rolled out …
Canadian wholesale vehicle prices were down for the twelfth consecutive week during the last week of 2020, with wholesale values for cars decreasing on average 0.30% and trucks declining 0.13%, according to Canadian Black Book’s COVID-19 update for the week …
This year, electric vehicles are expected to begin a slow entry into the automotive mainstream sector, according to ABI Research. The firm published a whitepaper (68 Technology Trends That Will Shape 2021) that identified 37 trends that will shape the …
The global autonomous vehicle market in 2019 was valued at US$54.21 billion and is expected to gain US$2,044.93 in value by 2030, according to Research and Markets. The sale of these vehicles on a global level in 2019 was valued …
U.S. consumers in a healthy financial position to purchase a vehicle amid the pandemic are not holding back when it comes to upsizing to a larger vehicle with more amenities, according to Edmunds. Their data shows the average down payment …
Most provinces reported sales decreases for November when compared to the two months preceding it, according to DesRosiers Automotive Consultants (DAC). The exception was Newfoundland, which enjoyed an estimated sales growth of 4.0% year-over-year. “With the year expected to close …
The December 2020 forecast for annual vehicle sales in the United States is anticipated to close at nearly 15.54 million units — down from November’s 15.6 million pace and down 16.8 million units year-over-year, according to Cox Automotive. The 2020 …
Despite the pandemic, the Trillium Automobile Dealers Association (TADA) wrapped up what it considers to be a productive year of advocacy efforts at Queen’s Park, with wins in areas such as cutting red tape, lowering the cost of doing business, …
Volvo is exploring and designing human communication for self-driving cars so it can offer one form of communication for all drivers across the globe. According to Mikael Ljung Aust, Senior Technical Leader for Collision Avoidance Functions at the Volvo Cars …
