The Canadian used wholesale market remains relatively flat—this time up 0.09% for the week ending on March 4, compared to the previous week’s increase of 0.03%, according to Canadian Black Book. The truck/SUV segment out-performed the car segments, slightly, for …
The organizers of the annual NADA Show are promoting this year’s convention as possibly the biggest in the event’s 100-plus year history, especially since last year’s show was virtual due to the COVID-19 pandemic. The 2022 event runs this week …
The Scotiabank Women Initiative launched a mentoring and networking program called Women in Auto Accelerator to help women build their careers in Quebec’s automotive industry. The program is free to participants. Its goal is to connect young professionals with industry …
The more things change, the more they stay the same, it seems. While the pandemic restrictions that limited sales over much of the past two years are now mostly behind us, the microchip shortage that ensued is being resolved only …
Mercedes-Benz Canada completed the sale of its corporate-owned Mercedes-Benz dealerships in the Greater Toronto Area to a new ownership team: the AWIN Group of Dealerships and Zanchin Automotive Group. Eva Wiese, President and CEO of Mercedes-Benz Canada, said the completion …
The Zanchin Automotive Group, one of the top dealer bodies in Ontario, added to its holdings and announced it in a unique way on LinkedIn. With award-winning actor Brian Cox, Zanchin announced that it took over ownership of Mercedes-Benz Maple, …
The Canadian used vehicle wholesale market remains relatively flat—up only 0.09% for the week ending on February 25, according to Canadian Black Book’s latest update. The market average from 2017-2019 for the same week was -0.14%. The overall car segment …
Hyundai Motor Company plans to accelerate its electrification plan, with the goal of selling 1.87 million battery electric vehicles (BEVs) annually by 2030 and targeting 7 per cent of the global electric vehicle market share by that date. “Hyundai is …
Automotive Properties REIT, which focuses on acquiring automotive dealerships in Canada, recently added two Tesla properties to its portfolio—for a combined purchase price of $25.9 million. The Tesla dealerships are located in Quebec City, Que., and Innisfil, Ont. The tenant …
Le Groupe Le Prix du gros acquired Hyundai Trois-Rivières in Quebec. This latest addition to the group, which offers one of the largest inventories of new and used vehicles in the province, brings together 13 of the biggest car brands …
The Honda Civic was named 2022 Canadian Car of the Year and the Hyundai Tucson as the 2022 Canadian Utility Vehicle of the Year. The news was announced on REV TV and ajac.ca on March 1. The winners were selected …
Kelley Blue Book revealed the 2022 winners of its 20th Annual Best Resale Value Awards, with Toyota capturing the “Brand” award and Lexus garnering the “Luxury Brand” award. “Toyota and Lexus, respectively, are the best vehicle brand and luxury brand …
