The S&P Global Mobility auto outlook for 2023 continues to carry a countercyclical narrative: they “expect production levels will continue to improve even as economic conditions are worsening through the early stages of the year”. Together with improving production volumes, …
The Canadian used wholesale auto market was down -0.29%, according to Canadian Black Book. The 2017-2019 average was -0.23%. The Canadian wholesale market for used cars declined, down -0.33%, and trucks were also down more from last week at -0.25%. …
Last week Lithia & Driveway reported the highest fourth quarter revenue in company history. According to a company release, the fourth quarter 2022 revenue increased 11 per cent to $7.0 billion from $6.3 billion in the fourth quarter of 2021. …
NEW BRUNSWICK Century Auto Group successfully expands into Saint John market Investing into Saint John, New Brunswick, has been an intelligent business move for Century Auto Group, a Nova Scotia-based family-owned dealership group. Century Auto has been in operation for …
Is this name familiar to you? Perhaps you saw her at the last Auto Show? Yes, she’s back! After leaving the automotive world for a few years to invest in the restaurant business, Marie-Eve is back in the publishing and …
While data seems to prove self-driving cars are safer, we’re still quite a ways away, says expert Chris Piche While it would certainly be wonderful to have your vehicle pick you up at your front door, then take you safely …
“We’re baaaaack!” said an enthusiastic Don Romano, President and CEO of Hyundai Canada in welcoming journalists back to the Canadian International AutoShow during the press reveal at the Hyundai booth. Romano’s excitement, buoyed by a win moments earlier when the …
The 2023 Canadian International AutoShow (CIAS) is off to more than a solid start, by three days into the 10-day show, it set a record attendance for the 50-year-old event and that has made the experience special for President Michael …
A group of Canada’s most respected auto experts decided upon the vehicles of the year, and the announcement of the 2023 AutoTrader Awards winners was made on Monday. Categories across AutoTrader’s awards season include Best Overall Car, SUV, and Truck. …
The economic research institution, Urban Science, today revealed the results of its annual 2022 year-end Automotive Franchise Activity Report (FAR), which shows “continued stability for the U.S. automotive retail network, despite the challenges the industry faced regarding ongoing inventory shortages …
For a 14th consecutive year, Groupe Park Avenue participated in the annual Centraide Campaign last December. Centraide of Greater Montreal provides financial support to a network of agencies that work every day to ensure equal opportunity, provide the essentials and …
The much anticipated in-person return to the CADA Summit 2023 was enthusiastically embraced by a sold-out crowd of appreciative dealers and CADA members, with another large group taking part through the live stream. Also broadcast in French closed captioning for …
