Automotive trading platform Trade X announced an auction alliance with Wholesale Express, a Canadian online daily auction website that sells used vehicles to registered dealers in Quebec, Ontario, and Eastern Canada. “As this is our first partnership through the new …
General Motors announced that it will begin production at Canada’s first full-scale commercial electric vehicle production facility at the CAMI Assembly Plant in Ingersoll, Ont. The OEM, along with the federal and provincial government in Ontario, made the announcement at …
The Policaro Group expanded its operation in Southern Ontario after acquiring Jaguar Waterloo, Land Rover Waterloo, and Volvo Cars Waterloo in April. The new dealerships join the group’s existing franchises, which includes the Acura, BMW, Lexus and Porsche brands. “We …
Used vehicle prices declined slightly in the Canadian wholesale market—down 0.02% for the week ending on April 1, compared to +0.09% the prior week. The 2017-2019 average for the same week was -0.18%, according to Canadian Black Book. Overall, car …
AutoVerify, which is powered by Mobials, is teaming up with Auto Shield Canada to help dealers sell more finance and insurance (F&I) products. “We are very excited to be partnering with Auto Shield Canada,” said Marty Meadows, President at AutoVerify. …
Automotive retail technology company CDK Global is set to be acquired by Brookfield Business Partners for $8.3 billion. The company entered into a definitive agreement to be acquired by Brookfield Business Partners, together with institutional partners which are collectively known …
The Ford F-series remains the best-selling vehicle in Canada—by just a few units. According to DesRosiers Automotive Consultants (DAC), the Ford F-series has been the best-selling vehicle in the country on an annual basis since 2009, and the best-selling pickup …
Following news of the first standalone Genesis Retail Experience Centre in the United States, the automaker announced the first such retail facility in the province of Quebec. Genesis Estrie is located in Sherbrooke, Que., and is the automaker’s second retail …
March of 2021 was the strongest month of the last year for auto sales in Canada, but given the combined impact of ongoing pandemic-related issues and supply-side constraints, the trend has been downhill ever since. Sales of 140,460 new vehicles …
In a recent report from J.D. Power, in which it notes that leasing volume now accounts for 19 per cent of total new vehicle sales, the company said both lenders and dealers need to be “more targeted and purposeful than …
Cox Automotive recently launched Kelley Blue Book Instant Cash Offer in Canada after offering the tool in the United States for more than six years. The “new” tool is customized for the Canadian market and aims to help dealers get …
Quebec rebates for electric vehicles have been reduced, while more funding is being provided for charging stations and to help support the development of minerals for EV batteries, according to the province’s 2022-2023 budget report. The report shows that Quebec’s …
