The U.S. Federal Reserve’s latest decision to hold interest rates steady exposed growing divisions among policymakers, adding fresh uncertainty for the U.S. automotive sector as affordability pressures continue to mount, according to Cox Automotive. In its latest Auto Market Weekly …
CarGurus has signed a multi-year partnership with the NASCAR Canada Series, becoming a presenting partner and the series’ official automotive marketplace. The agreement includes entitlement sponsorship for two races, beginning with the CarGurus 200 at Canadian Tire Motorsport Park in …
DSMA has expanded the role of Crissy Knorr to support automotive dealers across Alabama as the company strengthens its presence in the southeastern United States. The automotive merger-and-acquisition advisory firm said Knorr, a Birmingham native, will work directly with dealers …
Distribution Stox officially inaugurated one of its key logistics hubs on April 30 with a new Ottawa facility designed to deliver products faster across southeastern Ontario. Located at 1100 Last Mile Drive in the city’s south end, the 122,000-square-foot site …
Canadian auto sales reached an estimated 178,000 units in April, down 3.9 per cent from 186,000 units in April 2025, according to DesRosiers Automotive Consultants (DAC). Despite the year-over-year decline, the market continued to perform better than some had anticipated …
Go Auto has acquired Lone Star Mercedes-Benz in Calgary, rebranding the store as Mercedes-Benz South Calgary, according to a company announcement. The deal marks the dealer group’s first Mercedes-Benz dealership in Canada, complementing an existing Mercedes-Benz location in the United …
Canadian used vehicle wholesale prices for two- to six-year-old vehicles declined by an average of 0.5 per cent in recent tracking, according to the May Residual Value Newsletter from Canadian Black Book. The report noted that while values are still …
Mercedes-Benz Canada has named Susann Mayhead as its new President and CEO, according to a news release from the company. Mayhead, in the position since May 1, succeeds Andreas Tetzloff, who is leaving the organization at his own request after …
The federal government has unveiled a $6-billion plan to recruit, train and hire up to 100,000 skilled trades workers, positioning the initiative as a key pillar in strengthening Canada’s workforce and industrial capacity. Announced as part of the spring economic …
Two Quebec-based insurers are seeking $72 million from Honda, Toyota and Stellantis in a lawsuit that could reshape how theft-related losses are handled across the automotive sector, according to a report by Driving.ca. Based on the media outlet, Beneva and …
Average transaction prices for new light vehicles in Canada declined slightly in 2025, marking the first pullback after several years of sharp increases. Prices fell 0.6 per cent to $53,400, ending a run that saw average transaction values rise more …
Subaru Canada marked Earth Day this year by reaching a milestone of planting 10,000 trees. This marks the completion of its initial goal tied to the Leave No Trace Canada Pledge. The automaker, which became a supporting partner of Leave …
