Electric vehicle markets continue to grow even as EV makers face continued challenges along the way, according to a new report from IDTechEx. In its “Electric Cars 2023-2043” report, IDTechEx said the United States is enjoying greater support for electrification …
As the custodian of a dealership celebrating its 100th anniversary, Mathieu Spinelli admits it is quite a responsibility to uphold the values started by his great grandfather and passed along through three more generations. The Spinelli Auto Group is prominent …
Canadian Black Book launched its new website and brand identity on August 16 to better reflect the company’s evolution from valuations provider to advanced data and analytics organization. “Our origins are analog, and over the past decade we’ve expanded our …
Autonomous vehicle company Motional announced the launch of the first fully electric driverless car to be available on the Lyft network. The launch of the IONIQ 5-based robotaxi on Lyft, which was designed for ride-hailing services, is part of a …
The federal government announced a $100,000 investment in the Corporation of the City of Windsor in Ontario to install 20 Level 2 electric vehicle chargers at several facilities in the city. “Through these innovative investments, we will continue to fight …
Newly-elected Unifor President Lana Payne has made Canada’s automotive industry a major priority. On Thursday, a day after Unifor delegates voted her in as President in Toronto, Payne unveiled a new comprehensive policy document on Canada’s auto sector that members …
Palladino Automotive Group (PAD) has diversified its holdings buying a landmark boat and canoe business in its home base of Sudbury. Palladino announced this week the acquisition of Sudbury Boat and Canoe, which has been operating for more than 100 …
A combination of factors has pushed the average transaction price (ATP) in the U.S. up to historically high numbers, a situation which has also become apparent in Canada. In the U.S., the ATP is now above $48,000, according to a …
In a new survey that reached out to members of the Used Car Dealers Association, DesRosiers Automotive Consultants consulted both independent dealers and the used vehicle arms of franchised new vehicle dealers, looking for their perspectives on the used vehicle …
PureCars, which provides digital marketing technology and services to auto dealers, has acquired digital asset management platform, AutoSigma. “AutoSigma solves the biggest pain points for dealers in getting vehicle offers to market,” said Stephane Ferri, CEO at PureCars. “Speed to …
After four months of sales in the range of 140,000 units/month – well below traditional norms—new-vehicle sales in Canada fell even further in July, 2022. Sales of 130,480 vehicles, as estimated by DesRosiers Automotive Consultants (DAC), were down 16.2% from …
Tensions between the United States and China, stirred up by the recent visit of U.S. Speaker of the House Nancy Pelosi to Taiwan, could create a further problem for the manufacturing of electric vehicles, already hampered by the worldwide supply …
