Consumers are purchasing fewer vehicles, but those in the market are expected to spend more money as the average price soars to record levels and is projected to reach $33,182 — up more than 4 per cent year-over-year, and the …
Montreal, Que.-based Groupe Touchette, a Canadian-owned tire distributor, is opening a new 50,000 square-foot distribution centre in Cambridge, Ont., with a capacity to hold a maximum of 73,000 tires. The new tire distribution centre will also cater to surrounding cities …
CarGurus has launched a Certified Pre-Owned (CPO) Partner Program with carmakers in Canada. The program is designed to help consumers distinguish manufacturer-certified vehicles from dealer-certified vehicles on the CarGurus platform. Kia Canada and GM Canada were the first to sign …
Can automotive retailers sell more vehicles by brightening up their stores with natural daylight? A report from the Eneref Institute suggests that adding daylight to the dealership space can create an environment that is more conducive to buying decisions, because …
Porsche Digital, a wholly-owned subsidiary of Porsche AG, is expanding its North American reach to Atlanta, Georgia, where it will build its second U.S. office and sixth worldwide. The new Atlanta Porsche Digital will open August 1 at the headquarters …
The Canadian Black Book Used Vehicle Retention Index remained strong in June at 106.1, which is around 31 points higher than the record low attained during the same period in 2010. That being said, the average vehicle is also worth …
The issue of hiring and retention has been on the minds of automotive retailers for years. But younger generations are now starting to show a greater interest in dealership jobs, according to the Cox Automotive 2019 Dealership Staffing Study. The …
Dealer management software provider PBS Systems visited the future site of its new Calgary headquarters in July and broke ground on an area that will eventually feature an 88,000 sq. ft. facility with four floors. “I have seen tremendous growth …
UVeye, an Israeli company that has developed automatic vehicle inspection technology, has received $31 million in funding from companies such as Volvo Cars, Toyota Group unit Toyota Tsusho, and W.R. Berkley Corporation. “This latest investment including leading automotive strategic partners …
Honda and Amazon are teaming up to offer consumers a level up in customer experience and convenience: the ability to receive their Amazon packages in their vehicles. As of July 23, Honda started offering its U.S. customers the Key by …
A new study by J.D. Power reveals that brand loyalty is a key component of the automotive lifecycle, and towards the success for automotive sales. The report, known as the J.D. Power 2019 U.S. Automotive Brand Loyalty Study, notes that …
The federal government continues to invest in electric vehicle infrastructure across the country with a plan to build 92 EV fast chargers. Bill Casey, Member of Parliament for Cumberland–Colchester, announced a $4.6-million investment in Suncor business Petro-Canada to build the …
