The Canadian used wholesale market experienced a slight decline in prices of -0.05% for the week ending on April 11. It was more than the previous week’s -0.03% decline, but significantly less than the 2017-2019 average of -0.13% for the …
Keith Murray is the new CEO of AutoVerify, the company recently announced. Murray previously worked at Autodata Solutions for more than two decades and joined the AutoVerify team in 2020. In a news release, the company said Murray was instrumental …
The U.S. Environmental Protection Agency’s new proposed federal vehicle emissions standards could help to significantly boost electric vehicle sales in the country. The tighter new emissions standards, announced on April 12 by the EPA, would help accelerate the transition to …
Despite a 9.7 per cent sales decrease, the Hyundai Elantra secured a leading position among passenger cars and was placed in DesRosiers Automotive Consultants’ 2023 first quarter top 10 vehicles list. Hyundai’s Elantra model took the lead over the …
An Ontario-based dealer group that set up a separate division to service customers in need of subprime financing, to help them buy used cars and restore their credit, continue to observe the benefits of such a move. Plaza Auto Group, …
On the eve of the CADEX conference in Halifax, N.S., last week, the Automotive Business School of Canada organized a special dinner event to celebrate the students that graduated from the Canadian Dealer Academy’s Dealership Management Program. There were approximately …
Canadian auto dealer Senior Editor Todd Phillips interviews Daniel Ross, Canadian Black Book’s Senior Manager, Industry Insights & Residual Value Strategy, about the results of the company’s second annual Residual Value Awards. Ross explains how they differ from CBB’s Retained …
A Montréal-based mobile car inspection service that launched in Québec in January 2022 has since expanded across the country. Known as Kiwiz, the service is available across both Québec and Ontario, and in Vancouver, Calgary, Edmonton, Winnipeg and Halifax. The …
Canadian Black Book’s Used Vehicle Retention Index now sits at 158.0 points for March 2023 — up slightly, when compared to last month’s 157.9 points. “The Canadian wholesale market continues to show overall stability as the economy continues to show strength …
A Canadian company introduced a product for dealers to help prevent fraud during the online car shopping and financing process. Autocorp.ai is an Ottawa-based automotive fintech company specializing in virtual retail and commerce technologies. “You have consumers that are using …
The annual conference and networking event, Canadian Dealer Excellence East, or CADEX for short, was held this past Wednesday in Halifax, N.S. The event brought industry experts and keynote speakers for an intense half-day conference followed by a President’s Dinner …
Thirty-nine per cent of Canadians are less likely to purchase or lease a vehicle this year due to high rates of inflation, while many are also worried about the increased cost of living—according to a new survey conducted by Leger …
