The popularity of SUVs is at an all-time high, with global SUV sales reaching a record-breaking 30.7 million in 2020. It’s no secret that SUV prices vary by country, and the same model can cost over twice as much in …
A “uniquely difficult environment” was cited as the reason for the used auto retailer Carvana’s giant loss of over (US) $11 billion in the first three months of this year. It was a much larger-than-expected quarterly loss that’s taking a …
There is huge customer support for going digital when it comes to getting financing, according to a car buyer financing journey study by Cox Automotive. Though less than 30 per cent of buyers actually used online financing, 96 per cent …
Phyron, a Swedish video tech company that uses artificial intelligence to produce automated videos for the auto industry, today announced they are opening a new office in Toronto as part of a strategic expansion into North America. The new …
The used car market is expected to surpass USD 2 trillion by 2028, reported in a research study by Global Market Insights Inc. Substantial increase in urbanization supported by vehicle ownership trends is likely to augment the industry growth. The …
Autonomy, the electric vehicle subscription program founded in 2020 that provides month-to-month “subscriptions” to driving a Tesla Model 3 without owning it, has added Sacramento as part of its continued expansion in its home base of California. Autonomy made the …
Tesla Inc. reported its most profitable quarter in company history fueled by record deliveries in 2022’s first quarter, despite ongoing supply chain challenges and slowed production in China. In a shareholder meeting, the company announced it earned a best-ever $2.86 …
The semiconductor shortage has clearly been the dominant issue within the Canadian automotive market over the past year, with the impacts felt in sales figures and seen in empty dealer lots. To get a better measure of the issue, DAC …
Dan O’Dowd’s new American national ad campaign, launched as part of his California senate run, is called “Unsafe at Any Speed”. The ad features real- life moments where Tesla’s Full Self Driving software malfunctions, causing Tesla passengers and drivers to swear …
Hyundai cleaned up at the World Car Awards at the New York International Auto show last weekend, when the IONIQ 5 was recognized by a jury of 102 automotive journalists from 33 countries around the world as World Car of …
Canadian auto dealer reached out this week to Baris Akyurek, the Director of Marketing Intelligence at AutoTrader, which has just released first quarter 2022 research suggesting consumer searches for electric vehicles are surging primarily due to soaring gas prices. This …
On April 27, the popular Canadian rock band Alexisonfire will play their first live show in Toronto this year to celebrate the collaboration of Live Nation Canada and SiriusXM Canada to bring live performances to the SiriusXM platform. The concert …
