Recent data from AutoTrader reveals pricing shifts in used and new vehicles that, in addition to evolving consumer preferences, are bound to significantly impact the market this year. The data showed the average price of used vehicles, as of January, …
A determined group of students and support staff from the Scarborough Academy for Technological, Environmental and Computer Sciences program at W A Porter Collegiate Institute are seeking financial support to compete in a North American F1 model competition in Nashville, …
iA Financial Group announced the acquisition of Global Warranty, an independent warranty provider and administrator in the used vehicle market in Canada. The company is headquartered in London, Ontario, and does business with over 1,500 automotive dealerships. It also does …
The Nissan Sentra Cup will take place in three Canadian provinces this year, as it celebrates its 10th anniversary and 11th season on Canadian tracks. In an update, Nissan Canada said the 2025 season will include twelve races with two …
The Corporation des concessionnaires automobiles du Québec (CCAQ), the Global Automakers of Canada (GAC), and the Canadian Vehicle Manufacturers’ Association (CVMA) have expressed concerns about Bill 81, a proposed multi-layered environmental legislation that would group selling electrified heavy-duty trucks in …
This week Canadian Black Book released data showing the used wholesale market experienced a decline of -0.05% in pricing for the reporting period that ended on Saturday. Last week that decline was -0.10%, while the 2017-2019 average for the same …
Reynolds and Reynolds recently announced a partnership with Kimoby, a North American software company known for its Dealership Engagement System, that optimizes customer interactions to create great experiences, build loyalty, and drive revenue growth. In a news release, Reynolds said …
Due to the potential U.S. administration tariffs, which have been paused for 30 days, it may be difficult to put January 2025 light vehicle sales into context — at least at this time. DesRosiers Automotive Consultants’ latest update questions if …
Dealertrack Canada teamed up with Equifax Canada and Interac to roll out an identity verification solution meant to address the growing challenge of fraud, including identity fraud, in the Canadian auto-lending market. The solution, integrated into the Dealertrack platform, leverages …
Through the Mazda Legends campaign, Mazda Canada and its retailers have collectively distributed over $3 million in donations among their communities since 2021, the company announced in a news release. In a statement Amy Fleming, Mazda Canada’s Senior Director & …
Iceberg Finance has announced the promotion of Jean-François Bédard as Vice President of Business Development for Canada and Roberto Bernard as Vice President of Special Projects (Sales). For dealers less familiar with the company, they teamed up with autologiQ in …
Distribution Stox recently announced the conclusion of an agreement in principle to acquire ARP Distribution, another passenger car and light truck tire distributor — this one located in Plessisville, Quebec. The acquisition means activities in Distribution Stox’s Victoriaville warehouse will …
