The Zipcar car sharing service is gaining traction in Canadian cities, including Ottawa, which may threaten auto dealers operating in metropolitan markets. Zipcar announced recently in a written release that it’s membership service is now available to Ottawa residents, businesses …
The AutoCanada Inc. dealership group released its financial results on May 7 for the first quarter of 2015. AutoCanada operates 48 dealerships representing 56 franchises in eight provinces. Here are a few noteworthy highlights: Gross profit from existing and new …
Apps continue to be a hot topic for dealers, and suppliers to the automotive sector continue to improve their apps for a better customer and buying experience. One such supplier is TrueCar, which is rolling out new upgrades to its …
About 75 per cent of drivers would consider buying a vehicle online if they could, found Accenture. Accenture surveyed 10,000 consumers in eight major countries, and looked into their buying habits and preferences. The company found 80 per cent of …
Compact utility vehicles are now the most popular segment in the U.S., reports TrueCar. In the first quarter of 2015, compact utilities in the U.S. grew to 15.6 per cent. That’s higher than compact cars, which captured 15.1 per cent …
Dealers wanting to learn more about the people at Rotary Lift who built their heavy-duty lift racks now can. The company recently launched the latest videos called “Men and Women of Steel” that are part of the Raised in Madison …
Leader Auto Resources (LAR) Inc. announced that it now has more than 1,600 dealers within its network. Robert B Issenman, President and CEO of LAR, attributed the company’s growth to dealers’ increased appetite to own multiple franchises across different cities …
Dealers might have heard that Uber poses a big threat to the auto retail industry, but leasing still trumps the ride share app for low mileage drivers, says Swapalease. “There are some instances when Uber could be an attractive alternative …
Staff at Manheim Toronto are taking part to support various local community initiatives. One of which is a year-long fundraising campaign in support of the Juravinski Hospital and Cancer Centre in Hamilton, Ont., one of the largest comprehensive cancer centres …
Dealers have been reluctant to move F&I product information online, but that’s costing them in F&I sales, found a study commissioned by MakeMyDeal. “F&I is one of the biggest parts of the buying process that has still not moved into …
Whether dealers like it or not, a new Google algorithm has been unleashed and will affect the way consumers find their websites on their smartphones. Google’s latest mobile-friendly algorithm dubbed ‘Mobilegeddon’ ranks a dealer’s website based on its mobile-friendliness. The …
Industry insights for dealers provided at an Industry Day event organized by TRADER Corporation TRADER CORPORATION hosted Industry Day recently at the Canadian International AutoShow, giving stakeholders an opportunity to hear valuable insights into the current sales climate from a …
