Category: News

Economic pressures cloud auto sales outlook

August 7, 2026

Economic conditions are creating a more challenging backdrop for the Canadian and U.S. auto markets, despite stronger vehicle spending during the second quarter, according to Cox Automotive’s latest Auto Market Weekly Summary. The report highlights slower-than-expected economic growth, stubborn inflation …

CarDoor launches dealer marketplace

August 5, 2026

CarDoor has launched a new vehicle-selling platform that allows verified dealers to compete in real time for consumer vehicles, a model the company says will improve inventory sourcing while offering sellers prices based on current market demand. The Ontario-based company …

Ottawa funds EV charging projects

August 5, 2026

The federal government is investing $10.9 million in electric vehicle (EV) charging infrastructure and education projects across Canada, a move that could help support EV adoption as dealers continue to expand their electrified vehicle offerings. Announced July 30 by Environment …

Holand expands leasing business

August 5, 2026

Holand Automotive Group has expanded its leasing business through the acquisition of part of the John Scotti Leasing Inc. portfolio, a move that underscores the growing importance of leasing operations as dealership groups diversify their revenue streams and strengthen long-term …