Porsche Canada continues to expand its Destination Porsche format, breaking ground this week at the Porsche Centre Ottawa, which will replace Mark Motors that has been the brand in the Ottawa/Gatineau region for almost 50 years. The facility, which is …
Quebec-based Martins Industries, which offers an array of tire equipment products sold across the globe, has acquired Checkpoint Safety. Based in Carnforth, England, Checkpoint’s innovative product line is devoted to wheel safety, including manufacturing the world’s first visual nut indicator. …
As a successful car salesperson, Morgan Crosbie is putting his earnings into helping the environment and actively promoting the automotive industry’s shift towards going green. The 32-year-old, who works for Finch Chevrolet Cadillac Buick GMC in London, said he looks …
Initially developed as a consumer robot, the limitless capabilities of TEMI have recently been unleashed with TEMI North America focusing on several vertical industries. In April 2022, TEMI North America chose The Justin Poy Agency as the “Exclusive Reseller and …
The popularity of SUVs is at an all-time high, with global SUV sales reaching a record-breaking 30.7 million in 2020. It’s no secret that SUV prices vary by country, and the same model can cost over twice as much in …
A “uniquely difficult environment” was cited as the reason for the used auto retailer Carvana’s giant loss of over (US) $11 billion in the first three months of this year. It was a much larger-than-expected quarterly loss that’s taking a …
There is huge customer support for going digital when it comes to getting financing, according to a car buyer financing journey study by Cox Automotive. Though less than 30 per cent of buyers actually used online financing, 96 per cent …
Phyron, a Swedish video tech company that uses artificial intelligence to produce automated videos for the auto industry, today announced they are opening a new office in Toronto as part of a strategic expansion into North America. The new …
The used car market is expected to surpass USD 2 trillion by 2028, reported in a research study by Global Market Insights Inc. Substantial increase in urbanization supported by vehicle ownership trends is likely to augment the industry growth. The …
Autonomy, the electric vehicle subscription program founded in 2020 that provides month-to-month “subscriptions” to driving a Tesla Model 3 without owning it, has added Sacramento as part of its continued expansion in its home base of California. Autonomy made the …
Tesla Inc. reported its most profitable quarter in company history fueled by record deliveries in 2022’s first quarter, despite ongoing supply chain challenges and slowed production in China. In a shareholder meeting, the company announced it earned a best-ever $2.86 …
The semiconductor shortage has clearly been the dominant issue within the Canadian automotive market over the past year, with the impacts felt in sales figures and seen in empty dealer lots. To get a better measure of the issue, DAC …
