Auto sales break records again
The good times keep on rolling as new-vehicle sales in Canada set new records again in March and for the first quarter as a whole, with both up fully 9.3 per cent from the same periods a year ago. March …
Category: Industry News
Used car leaders honoured
Canadian used car industry members were recognized during a special luncheon at the 2016 Auto Remarketing Canada Conference on April 5 at the Westin Harbour Castle in Toronto, Ont. The CPO Dealer of the Year, presented by NCM Associates, went …
Fulton named President, CEO of Mercedes-Benz Canada
Brian D. Fulton is returning to Mercedes-Benz Canada as its new president & CEO, announced the carmaker. He will replace Gareth T. Joyce, effective May 1. Fulton is currently Vice-President of Mercedes-Benz Financial Services (MBFS) and member of the Daimler …
Millennials less satisfied with car buying experience
While boomers are generally satisfied with their car buying experience, that’s not the case for younger buyers, found CarGurus. According to the company’s Canadian car shopping survey, younger shoppers reported a lower degree of satisfaction with their current or most …
Top 10 sedans under $25,000
The editors at Kelley Blue Book in the U.S. have come out with their top list of budget-friendly sedans, all of which are under $25,000 and from the 2016 model year. “Still affordable, practical and efficient, today’s bread-and-butter sedans offer …
Weary dealers return home from NADA
CLICK HERE TO SEE MORE NADA 2016 COVERAGE AND VIDEO HIGHLIGHTS. More than 25,000 dealers, vendors, and journalists that flocked to Las Vegas for the 2016 National Automobile Dealers Association (NADA) Convention & Expo are now headed back home with …
Peyton Manning inspires dealers
CLICK HERE TO SEE MORE NADA 2016 COVERAGE AND VIDEO HIGHLIGHTS. Recently retired, and destined for the Pro Football Hall of Fame, NFL legend Peyton Manning entertained and inspired delegates on the last day of the NADA 2016 Convention and …
Dealers can capitalize on lease growth
CLICK HERE TO SEE MORE NADA 2016 COVERAGE AND VIDEO HIGHLIGHTS. More than 1.8 million vehicles will come off lease by the end of 2016 in the U.S. making it a good time for dealers to capitalize on the trend, …
Used car prices expected to fall sharply
CLICK HERE TO SEE MORE NADA 2016 COVERAGE AND VIDEO HIGHLIGHTS. An excess of inventory and other factors will lead to a sharp drop in used vehicle pricing in the United States in 2016, according to forecasts from Jonathan Banks, …
Boundless optimism fills aisles at NADA
CLICK HERE TO SEE MORE NADA 2016 COVERAGE AND VIDEO HIGHLIGHTS. On the heels of a record year for car sales, and with what looks like another record year shaping up, dealers and vendors were all smiles at this year’s …
NADA predicts record sales year for 2016
CLICK HERE TO SEE MORE NADA 2016 COVERAGE AND VIDEO HIGHLIGHTS. It looks as if 2016 is shaping up to be a record year for new vehicle sales for cars and light trucks, reaching 17.7 million vehicles, according to …
Mazda Canada names Konda as new President
Masaharu Kondo has been appointed President of Mazda Canada, effective April 1, 2016, in which he will oversee the carmaker’s 165 dealerships across Canada. Kondo is the current Deputy Manager of Global Sales & Marketing Division at Mazda Motor Corp. …
