New-vehicle sales in Canada fell to just 128,419 units in October, as estimated by DesRosiers Automotive Consultants (DAC), the lowest tally for the month since 2011. That total was down 17.7% from the same month a year ago, making it …
Prices continue to rise in the Canadian used wholesale market, now for the 12th consecutive week, according to Canadian Black Book’s latest auto market update. Nearly all vehicle segments saw prices rise for the week, as lack of inventory continues …
A recently released AutoTrader.ca Price Index reveals the longer-term pandemic impact on pricing due to higher consumer demand and a global supply shortage for new vehicles. Prices for both new and used vehicles are up month-over-month, when looking specifically at …
Porsche Cars Canada announced its first Porsche Experience Centre (PEC) in Canada—the 10th global centre and third of its kind in North America, after Atlanta and Los Angeles. The Porsche Experience Centre Toronto will be located on a 20-acre site …
Mazda Canada wants to support the rebuilding of small businesses across Canada that have been significantly affected by the COVID-19 lockdowns. With its retail partners and Scotiabank, the OEM plans to provide support in the form of a contribution of …
Registration for the 10th annual TalkAuto event, which is hosted by J.D. Power and Canadian Black Book, is now open for the 2021 edition and is free for all attendees. The virtual TalkAuto @ Home event will span the week …
The J.D. Power Auto Summit, typically a one-day event at the NADA Show, will take place on March 10, 2022 in Las Vegas, Nevada. This is an in-person event, as is the 2022 NADA Show, and it will feature industry …
Trade X, a B2B automotive trading platform, recently teamed-up with Alliance Inspection Management (AiM) for used vehicle inspections in North America. AiM is one of the largest providers of third-party inspections in North America, according to Trade X. The new …
In 2020, 74 per cent of companies experienced a successful phishing attack, according to Black Kite’s latest blog post, entitled “What is phishing? Tips to identify and prevent cyber scams.” Black Kite is a company that provides automated cyber risk …
Ontario’s Policaro Group announced its first non-fungible token (NFT) collection aimed at raising funds for the dealership’s foundation. An NFT is a unit of data stored on the ledger, the blockchain, and can be sold or traded. Non-fungible tokens can …
New vehicle dealers “bounced back strongly” in the first half of the year, when retail sales jumped 39.4% from the low levels of the first half of 2020 and reached record heights. Retail sales even exceeded the levels seen in …
Prices for used vehicles in the Canadian wholesale market continue to rise, now for the 11th straight week, with 21 of 22 vehicle segments experiencing price increases as lack of inventory continues to drive prices up higher, according to Canadian …
