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 …
The shopping habits of people looking for non-luxury vehicles are significantly influenced by high gas prices in the U.S., according to a new report by Kelley Blue Book. This has led to people considering buying a car over a truck …
As another step in Ottawa’s continued efforts to build up the electric vehicle charging infrastructure across the country, today Jonathan Wilkinson, Minister of Natural Resources, announced another Zero-Emission Vehicle Infrastructure Program (ZEVIP) investment of over $2.4 million in Indigo Park …
A creative idea to save a patient’s life while on the way to the hospital was the pathway for Joseph Lee from Airdrie, Alberta, to be named as a finalist in a global auto design competition put on by Toyota. …
Creating partnerships with local technical colleges, and creating a “learning organization” within your own company are important steps toward making sure you have access to young talent, and retain your qualified employees, says Andrew Shepherd, who is the Senior Director …
A Toronto-based fintech company has developed a solution to help dealers and lending institutions battle the ever-growing problem of auto loan fraud in Canada, something that has been estimated to annually cost the industry $700 million to $1 billion. Paays, …
As their first foray into the Manitoba market, the North American auto group, AutoCanada, has purchased Kelleher Ford, a large new and used vehicle Ford dealership and collision centre, located in Brandon, Manitoba. “This high-quality operation is our second Ford …
