Dealers may be interested to note that the Canadian used wholesale market experienced a slightly steeper decline, of -0.39% in pricing for the period ending on November 16, compared to last week’s -0.32%. The 2017-2019 average for the same period …
A major automotive finance scandal has captivated both consumers and the automotive industry well beyond the shores of the United Kingdom, where the situation is playing out. Car buyers who financed a vehicle purchase say they were unaware the dealership’s …
Software company UVeye has been recognized on TIME’s list of the Best Inventions of 2024, in a nod to the transformative impact of its artificial intelligence-powered vehicle inspection technology on the automotive industry. In a blog post the company said …
Canadian Black Book has released its latest Used Vehicle Retention Index for October 2024, which sat at 136.0 points — the same as for August and September, and down 12.4% year-over-year. “(A) weakening Canadian dollar relative to the U.S. dollar …
Reynolds and Reynolds has announced that it is investing in, and collaboration with, the creator of “the first” smart space Computer Vision AI software for automotive dealerships: Skaivision. Computer Vision AI is a field of artificial intelligence or computer science. …
As part of its effort to boost electrification in Canada, the federal government has announced that it will invest $18.6 million in multiple organizations to install more than 1,600 Level 2 and Level 3 electric vehicle chargers in Toronto, Ontario, …
A fixed ops report for the Canadian market has been released by Reynolds in both English and French, reflecting a culmination of business outcomes from dealerships across the country. Data from the Fixed Ops Golden Metrics Report for Canada shows …
Seventy-three per cent of Canadian drivers believe unpredictable weather is being driven by climate change and that winter tires are now more important than ever — a factual boon to dealers in provinces where these tires are not mandatory by …
A jam-packed welcome reception kicked off the largest-ever Western Canadian Dealer Summit in Banff, Alberta, last night. Dealers from across Alberta, Saskatchewan and some from B.C. will participate in two days of conference sessions at the picturesque Banff Springs Hotel. …
A surprise may be in store for dealers as SUVs are anticipated to hit two noteworthy milestones by year-end — just in time for the holidays, according to a recent update from DesRosiers Automotive Consultants. DAC said the SUV share …
As a show of support for made-in-Canada zero-emission vehicles the federal government sent Filomena Tassi, the Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), to visit Myant Corp. According to FedDev Ontario, Myant Corp is …
Last week the Canadian used wholesale market experienced a decline in pricing of 0.32%, which is similar to the previous reporting period. The current period ended on November 9, with pricing not far off from the 2017-2019 average. The data …
