Genesis has reached an agreement with the Presidents Cup, boosting its existing partnership this year and securing its place as the Official Automobile Sponsor until 2026. The Presidents Cup is a biennial global team competition between the United States and …
As cyber attacks gain traction in the automotive industry, Synopsys released a press release stating that its IP product has achieved ISO/SAE 21434 cyber security certification by SGS-TÜV Saar. The company said its ARC HS4xFS Processor IP is the first IP …
Auto theft trends are down 17% in Canada for the first half of the year, compared to the same period in 2023. That is according to Équité Association’s First Half of 2024 Auto Theft Trend Report, which also looked at …
Ontario’s Financial Services Regulator (FSRA) is proposing a new rule on auto insurance fraud reporting that they believe will help reduce additional costs associated with this type of fraud, as well as consumer harm. They are now seeking feedback on …
New research shows that electric vehicle ownership has declined 5% in the United States, equivalent to six million internet households, according to a Parks Associates’ consumer study. The firm’s latest research, EV Charging at Home: User Demand and Preferences, included …
This week, dealers will notice little change in the Canadian used wholesale market where prices are concerned, but they will see adjustments in the declines experienced by the car and truck/SUV segments. The overall market was down -0.41% for the …
The current President of Nissan Canada (NCI), Steve Milette, is shifting his focus after being named Division Vice President of Dealer Network Development and Customer Resources and Training at Nissan U.S. and Canada. The announcement is part of a …
Ontario dealers will have more time to provide aftermarket warranty documents and payments to warranty sellers following amendments to the Motor Vehicle Dealers Act (MVDA) by the Ministry of Public and Business Service Delivery and Procurement. The change from seven …
Small SUVs are dominating market growth in Canada, reflecting what consumers are after. That is according to DesRosiers Automotive Consultants’ latest update on segment sales — this one for the first half of 2024. At the segment level, they have …
The Montreal International Auto Show (MIAS) has officially acquired the Montreal Electric Vehicle Show (MEVS) and plans to maintain the distinctiveness of each event in the short- and medium-term. “When we heard that the MEVS could change hands, we quickly …
TRADER Corporation has acquired Collateral Management Solutions (CMS) from Teranet, a move that will help enhance the company’s financial technology offerings as an expansion of Dealertrack Canada. They will do this by incorporated CMS into TRADER’s Fintech portfolio alongside Dealertrack, …
A ribbon-cutting ceremony marked the commemoration from Stellantis North America of the recent opening of a new Mopar Parts Distribution Centre (PDC) in Brampton, Ont., that uses robots to get things done quickly and efficiently. The facility houses nearly 55,000 …
