The shortage of inventory continues to have a depressing effect on the sales figures for 2022, deflating June sales numbers to below what the industry was experiencing at the beginning of the pandemic when everyone was in lockdown. A new …
Toyota and Lexus were named the “Most Respected Automobile Manufacturers” in a poll that was conducted by Maru Public Opinion Canada in May. The OEM was compared to 12 competitors, based on information publicly available to the researchers, and the …
After selling his business almost a year ago, Chris Pfaff said there are “storm clouds ahead” economically, and recommends those in the automotive business considering retiring to sell now. Pfaff, who sold his Pfaff Automotive Group last August to American-based …
Trillium Automobile Dealers Association (TADA), in partnership with Consolidated Dealers, is once again bringing the automotive community together in 2022 with the Automotive Conference & Expo (ACE), which will take place in Niagara Falls on October 19 and 20 at …
Easylease Corp., recently reported that they have appointed Alexandre Thivierge as its new Commercial Financial Solutions Broker. Easylease Corp. is a Canadian company that provides commercial leasing and financing solutions. “I am very happy to join the team, and I …
The wholesale market as a whole was steady at -0.22%, though slightly below the same level as the 2017-2019 average at -0.19%, according to Canadian Black Book. The Canadian wholesale market for used cars was down -0.20%, outperforming trucks and …
American sales numbers, which are closely tied to Canadian market conditions, are still facing supply pressures that have been constant since at least January. According to the Cox Automotive June sales forecast released today, “the seasonally adjusted annual rate (SAAR) …
On June 27th, three Canadian auto dealers joined the exclusive ranks of being named CADA Laureate award winners. The awards, presented each year by the Canadian Automobile Dealers Association (CADA), are: the Ambassador Laureate, for “extraordinary service to the community and …
Quebec-based Groupe Beaucage has made a $1 million donation to the Hospitals & Health Care Sherbrooke (CHUS) Foundation. The $1 million donation will be used to finance an outdoor therapeutic courtyard for children in the future Mother-Child Emergencies Centre of …
TRADER Corporation has unified its dealer software technology for dealers and OEMs into a new product suite called AutoSync. The recently formed software business aims to “modernize automotive retail by offering market-leading technology to dealers and OEMs, paired with a …
The pandemic’s trials and tribulations have had an effect on initial vehicle quality, and it isn’t positive. J.D. Power’s 2022 U.S. Initial Quality Study (IQS), was released Tuesday, and it reports that IQS suffered because of supply chain issues, higher …
The Dilawri Group’s decision to purchase a Ferrari and Maserati dealership in Washington, D.C. is viewed by mergers and acquisitions experts as a significant move by Canada’s largest automotive dealer body to make its first step into the U.S. and …
