AUTOVATE podcast host Cliff Banks recently discusses the booming rise of dealership mergers and acquisitions with James “JT” Taylor, Managing Director of Automotive for Truist Securities, during the launch of the podcast’s second season. Taylor, as AUTOVATE’s newsletter described, helped …
FLO has introduced a next-generation home charger meant to meet the needs of electric vehicle and plug-in hybrid vehicles, from compact crossovers to heavy-duty pickups, the company recently announced. In a news release, they said its newest FLO Home EV …
Geotab recently launched a new report on fleet electrification, which uses data sourced from over 2 million vehicles globally to look at the potential for electrification to make fleet operations more efficient, boost cost management, and meet sustainability targets. In …
Cars.com’s second annual Affordability Report paints a picture of a retail environment in the United States that is now more accessible to consumers than it has been in months or even years. The report found that new vehicle supply in …
The vehicle inventory shortage in Canada has largely improved, but there is more to the story than meets the eye: it appears new vehicle dealer inventory includes plenty of zero-emission options and not enough internal combustion engine units. That is …
Volvo Canada is buoyant about its brand commitment to electric vehicles and sustainability following a record month in March, a solid start overall in 2024, and the launch of new products. The company sold a record 589 EVs in March …
Canadian automotive group Go Auto recently announced the acquisition of Merlin Ford Lincoln and Canada West RV & Truck Centre in Saskatoon. This is the group’s first dealerships in Saskatchewan. In a news release, Go Auto said it now has …
Eight municipalities across Canada will receive Level 2 electric vehicle charging stations through Aviva Canada’s 2024 Charged for Change program in partnership with Earth Day Canada, the company recently announced. In a news release, Aviva Canada said the program aims …
Paying attention to the progressive steps of Chat GPT and artificial intelligence overall may not seem necessary to some dealers, but its importance should not be understated. While the impact that AI and especially Chat GPT will have on auto …
Deputy Prime Minister and Minister of Finance Chrysia Freeland tabled the federal budget in Ottawa this week, and auto industry groups are offering a mixed reaction. The government called it the “Fairness for Every Generation” budget, and it addressed broader …
The Ontario Ministry of Public and Business Service Delivery is consulting on potential changes to the Motor Vehicle Dealers Act that could dramatically change the process of buying and selling cars in the province. There are 14 proposals that individually …
March new vehicle average transaction prices in the United States slipped 1% from February and were also lower year-over-year by 2.7%, according to Kelley Blue Book. When calculating the average from December 2022, a peak period, prices are now down …
