DSMA Managing Partner Maxime Théorêt co-founded QUOTUS, a provider of financial intelligence solutions for auto retail, which recently launched a software as a service (SaaS) platform to help dealerships transform complicated financial data into actionable insights so they can quickly …
Luxury retailer Holand Automotive Group, owner of Ferrari Quebec in Montreal and Ferrari of South Bay in California, has added a third store of the brand — Ferrari of Rancho Mirage — to help it strengthen its position in North …
Buy, sell, hold — or kick into gear? This is what the 2025 J.D. Power Auto Summit will be exploring during its dealer panel, which will consider technology trends and acquisition opportunities. “The automotive retail universe is continuing to normalize, …
Hydro-Québec has commissioned Electric Circuit’s 1,000th fast-charge station, which is strategically located near Autoroutes 20, 30 and 40 in Québec. The Electric Circuit is the largest public charging network for electric vehicles in the province. It includes more than 6,300 public charging stations …
General Motors and the Hyundai Motor Company have signed an agreement to explore future collaborations, meaning they will be looking for ways to leverage their scale and strengths, reduce costs as a result, and more quickly bring a wider range …
Go Auto has been involved in the auto retail industry for more than 30 years and has established itself as one of the major retail groups in Canada. Now it has ventured into the food business. Earlier this year, the …
This month Gordie Gerbrandt, Vice President of Canada for the Tim Lamb Group — a large dealership sales and acquisitions firm in North America — brokered the sale of Forest City Mazda to Leavens Automotive Group, which changed the name …
Auto retailers in the United States view the market as weak, according to a Q3 2024 Cox Automotive Dealer Sentiment Index (CADSI) that showed the index dropped to a score of 40 from 42 in Q2 and 45 from a …
Canadian automotive sales revealed worrying declines in June. And although DesRosiers Automotive Consultants does caution that reading too much into one month’s data can be dangerous, this one came up as noteworthy. “Retail sales have remained stable in the first …
The average transaction price (ATP) for a new vehicle in the United States was, for the 11th consecutive month, lower year-over-year when considering August figures. That is according recent to data released by Kelley Blue Book, which considers that higher …
The Canadian used wholesale market saw a decline of -0.35% in pricing for the week ending on Sept. 7, which is slightly more than the prior week’s -0.29% and the 2017-2019 average of -0.26%. According to Canadian Black Book’s latest …
The global used vehicle market is anticipated to grow by US$857.1 billion from 2024-2028 thanks largely to the number of new models being launched, according to technology research and advisory company Technavio. In its latest update, the company said the …
