According to the J.D. Power 2016 Canadian Dealer Financing Satisfaction Study, Canadian auto dealers are now more than ever bridging the relationship between themselves and finance providers. Instead of relying on the finance companies to simply provide financial services, the …
The Canadian Automobile Dealers Association, along with representatives from provincial dealer associations, officially unveiled Federation Hall, the newly-renovated student lobby at the Automotive Business School of Canada in Barrie, Ont. this morning. Last year, CADA and provincial association executives announced …
Canadian Automobile Dealers Association (CADA) has announced the finalists for this year’s prestigious CADA Laureate dealer recognition program. These 15 national finalists have been selected in three categories, including ambassadorship, business innovation and retail operations. To find out who this …
Canada’s auto auctions will officially implement a national uniform system of standards to ensure consistency and accuracy in the certification of wholesale used vehicles. Effective June 1, 2016, Canada’s auctions will be adopting the National Certification Standard (NCS) launched by …
OpenRoad Volkswagen in Burnaby, B.C. is officially open for business. The 45,000 sq.ft. store is the latest addition to OpenRoad Auto Group, which operates 17 full-service car dealerships in British Columbia. The dealership features a high-tech showroom which includes a …
ADESA has announced the launch of ADESA Windsor, the company’s 14th full-service Canadian auction location. Formerly ADESA Kitchener’s satellite location in Tilbury, the new ADESA Windsor facility will serve southwestern Ontario and U.S. dealers, brokers, manufacturers and other customers. Anil …
According to a new poll by Swapalease, many U.S. dealers are seeing opportunity for lease deals on used cars and trucks. Around three-quarters of the 250 automotive executives and dealerships surveyed across the U.S. believe used lease offers could help …
Open automotive loans have now topped $1-trillion in the U.S. for the first time on record, announced Experian Automotive in a recent report. The global information services company said the total balance of open automotive loans climbed 11.1 per cent …
Business Valuation Resources (BVR) has released a report to help dealers prepare their businesses for sale. The new report provides key valuation techniques for appraisers, along with real-world data with market trends and insights on building value in dealerships. “Changing …
Autobytel, a U.S. automotive marketing services company, has come out with five handy best practices to help dealers drive high quality car buyers to their websites. “While search engines and social media channels are good sources of automotive website traffic, …
U.S. car shopping site Edmunds.com is encouraging used car buyers to consider compact and subcompact cars in the midst of an SUV craze. According to the company’s most recent used vehicle market report, prices of used compact cars are down, …
CADA Chairman Harry Mertin has announced a new scholarship for students enrolled in the four year degree program at the Automotive Business School of Canada (ABSC) at Georgian College. The scholarship is named in honour of Rick Gauthier, who served …
