Ontario-based Alpha Auto Group, which has a broader presence in Canada and the United States, will reportedly pay a little more than 465 million pounds (around CA$779.22 million) in cash to buy Lookers — a group in the United Kingdom …
Quality issues are persisting in the automotive industry as problems with new vehicles reach a record high, according to a J.D. Power 2023 U.S. Initial Quality Study (IQS). The number of problems per 100 vehicles — which J.D. Power expressed …
On the provincial level, the new light vehicle sales performance remained varied for May 2023 despite the generally positive lean in the market, according to DesRosiers Automotive Consultants (DAC). “While the market has begun to demonstrate broad-based improvements in new …
Canadian auto dealer Senior editor Todd Phillips interviews Chris Piche, CEO & Founder of Smarter AI, about the need for broader education on the benefits of autonomous driving technologies. Piche comments on proposed new legislation in California regarding autonomous driving …
OPENLANE Canada, an operator of digital marketplaces for used vehicles, will be integrating ADESA Canada and TradeRev into its new consolidated OPENLANE Canada marketplace. The company made the announcement on June 20, in which they describe the new platform as …
The Canadian used wholesale market experienced a price decrease of 0.36% for the week ending on June 17 — a notable amount when compared to the prior week’s -0.10% and even the 2017-2019 average of -0.19%. Canadian Black Book said …
Reynolds and Reynolds has entered into a strategic partnership with Draiver, an on-demand vehicle delivery service, to help dealerships “retail anywhere,” according to a recent company announcement. To do this, the companies will launch a new way for dealerships to …
FedEx Express Canada welcomed its first 50 BrightDrop Zevo 600 electric delivery vehicles at an event in Toronto, Ont. in June — a noteworthy shift for the company. The introduction of electric vans into the FedEx fleet is part of …
ChatGPT can help salespeople leverage online communication with their customers if they are willing to embrace the technology and use it properly, according to Steve Roessler, Chief Evangelist Officer of DriveCentric. “I’m not a tech guy, I’m a sales guy …
AutoVerify has teamed up with Kijiji Canada and TD Auto Finance to provide consumers with easy access to trade-in values and to potentially pre-qualify for auto loans. The new arrangement means AutoVerify’s tools will be integrated into Kijiji’s vehicle listings …
Auto dealers are selling fewer vehicles these days — a fact that is hard to ignore when reviewing DesRosiers Automotive Consultant’s latest update: light vehicle sales per dealer franchise are the lowest they have been since 2009. The drop in …
More consumers are considering buying an electric vehicle although numbers are rising slowly when considering the financial efforts from OEMs, according to J.D. Power’s 2023 U.S. Electric Vehicle Consideration (EVC) Study. Based on the study, 26% of consumers are “very …
