Kelley Blue Book recently announced the main brands, categories, and top 10 winners of its U.S. 2024 Best Resale Value Awards, which aims to recognize vehicles for their projected retained value through the initial five-year ownership period. Toyota, now for …
To mark International Women’s Day last Friday, the Canadian Automobile Dealers Association (CADA) released a new video celebrating the incredible women working in Canada’s automotive industry. In an article in their CADA Newsline digital newsletter, CADA President Tim Reuss explained …
The Canadian used wholesale market, which saw prices decline -0.31% for the week ending on March 9, now moves away from the prior week’s decrease of -0.55% and closer to the 2017-2019 average of -0.21% for the same period. That …
The global electric sports utility vehicle (e-SUV) market is expected to grow by as much as US $83.74 billion from 2022-2027. And 33% of that market growth is anticipated to come from the Asia–Pacific region (APAC), according to Technavio’s latest …
An increase in the demand for eco-friendly transportation is giving the plug-in hybrid electric vehicle (PHEV) market a boost, according to U.S.-based Future Market Insights. Its recent study explores the factors that are driving this growth, such as consumers, government …
The federal government has announced an investment of $1.8 million to the Region of Durham so it can install 174 electric vehicle chargers across the region, according to a Natural Resources Canada news release. The investment was announced by Ryan Turnbull, …
After a four-year pause, the New Car Dealers Association of BC are launching the Vancouver International Auto Show as an all-new ELEVATED experience. The event will also include a preview gala, which is coming up in just a couple of …
The Canadian used wholesale market experienced a decline in prices of -0.55% for the week ending on March 2. This means the decline was more than the prior week’s -0.39%, and also more than the 2017-2019 average of the same …
TTTech Auto and BlackBerry Limited recently announced that they are expanding their current partnership to address the growing challenges around software defined vehicles (SDVs) — vehicles that manage their own operations, add functionality, and allow new features mainly or fully …
Recent data from DesRosiers Automotive Consultants (DAC) shows that February was a robustly strong month that saw new light vehicle sales reach an estimated 129,000 units, based on reporting OEMs. Keeping in mind that February has 29 days this year, …
The auto theft crisis continues to spiral out of control and auto industry groups did their bit to try to educate a committee of MPs and policy makers in Ottawa about the scope and the scale of the problem. The …
Loans represented 53% of total transactions for new vehicles over the past 12 months, while cash was 26% and 21% were leases, according to J.D. Power’s Canada Automotive Market Metrics for February 2024. The report, recently released, shows that loans …
