New vehicle inventory on or in transit to dealership lots in the United States topped 3 million units in September 2024 — a first since the earliest stages of the pandemic, according to ZeroSum’s monthly State of the Dealer report. …
Insurance claims for auto theft dipped slightly (19%) during the first half of the year, although they have risen 138% over the past decade as the value of auto theft claims jumped a significant 442% over the same period. That …
The federal government has confirmed that its 100 per cent surtax on Chinese-made electric vehicles — those imported into Canada — now applies to EVs and certain hybrid passenger automobiles, trucks, buses, and delivery vans. They also announced the final …
HGreg acquired a majority interest in Québec dealer group Le Prix du Gros to become a major partner as it aims to redefine the customer experience. The alliance allows the company to combine the strength of both businesses — Le …
The September edition of J.D. Power’s Automotive Market Metrics for Canada reveals a perfect split between cash and lease payments for new vehicles, when considering the percent of total transactions over the past 12 months — per vehicle type. Company …
The Hyundai Motor Company marked 100 million units of global cumulative production, an achievement they accomplished 57 years after its foundation. In honour of the occasion, Hyundai held a ceremony at its Ulsan Plant in Korea where its 100 millionth …
It’s been an interesting and successful partnership for the Southland Automotive Group and the Prestige Automotive Group since they joined together to open a major-sized Volkswagen dealership in Edmonton and a smaller store in the West Edmonton Mall. The official …
A month ago, DesRosiers Automotive Consultants warned that it would be difficult for the market to continue its string of year-over-year gains during the final four months of 2024 where new light vehicle sales are concerned. A recent update from …
Electrify Canada has expanded its network in Québec and added its first stations in Nova Scotia, for a total of seven new stations, the company recently announced. Québec gets five new stations, one each located in Mont-Tremblant (open now), Laval …
Canadore College’s Innovation Centre for Advanced Manufacturing and Prototyping (ICAMP) recently opened its doors to more than 100 high school students in Ontario to teach them about eVehicles, sustainable energy, and critical mineral extraction/processing sectors. Canadore received $108,825 from the …
This time around, the Canadian used wholesale market saw a decline of -0.40% in pricing for the week ending on Sept. 28, according to Canadian Black Book. Its Market Insights report revealed that car segment prices were down -0.23%, while …
Canadian auto dealer senior editor Todd Phillips interviews Todd Bourgon, CEO and Executive Director of the Motor Vehicle Retailers of Ontario (MVRO) about the upcoming ACE Conference and Expo taking place in Niagara Falls, Oct. 17-18. Bourgon provides dealers with …
