Canadian Black Book has released its weekly COVID-19 update for the Canadian auto sector, now with a Most Likely Scenario forecast of a recession pointing to a 25 per cent decline in new vehicle sales in 2020 — to a …
Never at a loss for words, Canada’s best known automotive analyst Dennis DesRosiers said he’s struggling to accurately predict the economic impact of the COVID-19 virus, and more specifically how it will affect employment in the sector and vehicle sales. …
Michael Cirillo, host of the popular Dealer Playbook podcasts talks about how he is staying connected to dealers and sharing ideas, tips and tricks during the pandemic. Cirillo says it’s a time to reflect, innovate and collaborate with others and …
Video interview: Derek Sloan, President of Sym-Tech Dealer Services talks about how the F&I industry and dealers are being impacted by the pandemic and how this crisis is accelerating the move to a more digital experience. Watch the interview.
Video interview: Guljeet Nagpaul, Chief Product Officer at accelQ, explores why digital transformation is so important now, what that means, and that it is not too late during this crisis to start making changes to dealer processes. accelQ offers a …
General Motors is working with Ventec to build critical care ventilators (VOCSN) for the U.S. as the number of COVID-19 cases continues to rise. Currently, there are 122,653 cases as of March 29 and 2,112 deaths, based on the U.S. …
FCA announced on March 23 that it will be producing face masks for first responders and health care workers managing the COVID-19 situation, with initial distribution going to the U.S., Canada and Mexico. In a news release, the OEM said …
Ford of Canada launched a program known as “Built to Lend a Hand” to help its customers during the COVID-19 pandemic, while also working with dealerships to ensure the health and safety of both customers and employees. As part of …
The 2020 North American International Auto Show (NAIAS) has been canceled due to the spread of the novel coronavirus. The show was initially set to take place in Detroit in June, but due to the COVID-19 pandemic the convention centre …
Montreal-based Leader Auto Resources (LAR) and U.S. private equity firm Resilience Capital Partners announced a partnership on March 30 to expand LAR’s dealership sourcing and service business in the U.S. LAR’s existing U.S. business will be rebranded as DealerShop. Canadian …
With tighter restrictions in place due to COVID-19, the Vancouver Electric Vehicle Association has now moved its weekly meetings to the digital sphere. The meetups will take place online every Saturday from 11:00 a.m. to 1:00 p.m. Pacific Time, and …
On March 30, the federal government provided more details about its wage subsidy program that aims to provide relief to dealerships both big and small — and particularly its employees. The program now aims to deliver a 75 per cent …
