Arthur J. Madjarian, former Canadian Managing Partner at Dealer Solutions Mergers and Acquisitions, is coming out of retirement to develop a specialized M&A offering for Canadian automotive dealerships. The boutique offering will focus on select transactions and provide tailored solutions …
The federal government is providing over $1.1 million to eight projects to help reduce auto theft across the country, according to an announcement from Anita Anand, Minister of Transport and Internal Trade. The projects are part of the Vehicle Theft …
Canadian Black Book recently released its Used Vehicle Retention Index for February 2025, which saw the index sitting at 138.9 points compared to 138.0 in January. Year-over-year, CBB said the index is down -3.3%. “Wholesale vehicle values in Canada are …
Dealers may be interested in reviewing J.D. Power’s latest data-filled report on Canadian automotive market metrics for February, which reveals some small changes from the previous report. It shows the percent of total transactions over the past 12 months for …
Though he is a year away from turning 65, Hyundai Canada President and CEO Don Romano says he isn’t ready for retirement or to back away from a challenge. After taking the helm and turning around Hyundai Canada as a …
Canada’s auto industry is bracing for what could be a prolonged battle over tariffs and vehicle production. After U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods exported to the U.S. on March 4, the …
A recent update from Cox Automotive further underlines that the Trump administration’s 25 per cent tariffs across North America will be felt in the United States. They said around 44 per cent of the new vehicles sold in the U.S. …
Former auto dealer John Carmichael is pleased to be recognized and receive the King Charles III Coronation Medal, which is awarded on behalf of the Governor General of Canada. The King Charles III Coronation Medal is given to an individual …
As International Women’s Day’s approaches, LGM is taking action to address gender disparities by implementing equal pay policies and establishing a gender-balanced leadership team. For 2025, LGM set certain KPIs to ensure they remained true to their commitment to DEI …
The Canadian used wholesale market experienced a decline of -0.19% in pricing for the week ending on March 1, similar to the prior week’s -0.22% and the 2017-2019 average of -0.18% for the same period. The data was provided by …
The decision by U.S. President Donald Trump to slap a 25 per cent tariff on Canadian goods will effectively create a trade war that will have an immediate and devastating impact on the automotive sector. That’s the sentiment expressed by …
Almost 40 years after he gave up his musical career to begin working in the automotive industry, Hyundai Dealer Principal and Executive Rein Knol is returning to his rock and roll roots in a big way — when his Led …
