Category: Industry News

Zhang joins McManes Automotive

September 9, 2026

Amanda Zhang is joining McManes Automotive Partners following a 23-year international career with Mercedes-Benz, marking a return to Alberta for the automotive executive. Zhang most recently served as CEO and board chair of Mercedes-Benz Malaysia and head of the company’s …

Used wholesale market nears flat

September 9, 2026

Canadian used wholesale vehicle prices were nearly flat last week as depreciation slowed significantly, according to Canadian Black Book’s latest Market Insights report. Overall market values fell 0.05 per cent for the week ending Sept. 5, compared with a 0.20 …

U.S. auto market holds steady

September 9, 2026

The U.S. automotive market continues to show resilience despite economic uncertainty, with Cox Automotive pointing to steady sales and growing demand for older used vehicles as signs that consumers continue to adapt. While tariffs, elevated interest rates and affordability concerns …

Buyers still want to haggle

September 3, 2026

U.S. vehicle buyers may want greater price transparency, but many still appear to value the opportunity to negotiate, according to new research from CDK. The company surveyed more than 1,000 vehicle buyers in the second quarter about the incentives they …

Used inventory squeeze persists

September 3, 2026

Used-vehicle sourcing remains a challenge for Canadian dealers, with nearly half of franchised new-vehicle dealers surveyed reporting that conditions worsened during the first half of 2026. The findings come from a survey by DesRosiers Automotive Consultants (DAC) and the Used …

‘Drifter’ returns to Toronto

September 3, 2026

Sung Kang is bringing Drifter back to Toronto, this time for the automotive-themed film’s world premiere at the 2026 Toronto International Film Festival (TIFF). Kang, known to automotive enthusiasts for playing Han in the Fast & Furious franchise, wrote and …

CDK names new CEO

September 3, 2026

CDK Global has named Sudhakar Ramakrishna President and CEO, effective Oct. 5, as the automotive retail software provider undergoes a leadership transition following several years of investment in its technology platform. Ramakrishna will also join CDK’s board of directors, according …

Dealers could shape Chinese brand acceptance

September 2, 2026

Canadian dealers could play an important role in determining whether consumers embrace emerging Chinese automotive brands, according to new research from Clarify Group. The Vehicle Buyer Opinion Study (VBOS), based on responses from 2,007 Canadians who purchased or leased a …