Prices remained relatively flat for Canada’s used wholesale market this past week (+0.01%), although the average listing price for used vehicles continued to hit historic highs. According to Canadian Black Book (CBB), the 14-day moving average sits at approximately $33,500 …
Reynolds and Reynolds, a leading provider of automobile dealership software with operations in the United States, Canada, the United Kingdom, and Europe announced new changes amongst their executive team this week. With more than 35 years at Reynolds, Chris Walsh, …
Global automotive retail technology provider Keyloop announced yesterday that it has acquired SERTI, one of Canada’s leading Dealer Management Systems (DMS). The purchase is Keyloop’s sixth acquisition since its launch in March 2021 and will support the company as it …
Data analytics and consumer intelligence firm J.D. Power announced staffing changes this week within its automotive division. These changes are focused on adding more data and analytical insights to the areas of EV, mobility, connectivity and consultation within the automotive …
The 2022 Washington, D.C. Auto Show opened its doors to the public on January 21, offering an in-person event featuring displays of new models, classic cars, electric vehicles, and interactive experiences. According to a Washington Auto Show news release, the …
KAR Global and the National Auto Auction Association (NAAA) announced the licensing of KAR’s privacy and security training program, Privacy Pam, for use by NAAA member auctions—including its Canadian members. The update means that, through the NAAA, all member auctions …
The Automobile Journalists Association of Canada (AJAC) recently announced the category finalists of its 2022 Canadian Car of the Year and Canadian Utility Vehicle of the Year awards. “Like in 2021, our 2022 program considered vehicles that are newly redesigned, …
After two weeks of declines and months of growth for used vehicle wholesale prices, the market saw prices flatten for the week ending on January 25, based on Canadian Black Book’s latest update. “The Canadian used wholesale market saw prices …
A new update from DesRosiers Automotive Consultants (DAC) reveals that Canadian light vehicle production hit record lows in 2021, but they remain “cautiously optimistic” due to some hopeful examples from OEMs. “The Canadian light vehicle assembly sector has been through …
To mark his 60th birthday, Global Automakers of Canada President David Adams is seeking donations for a cycling event to raise money for a charity for kids with cancer. Adams, who turns 60 on February 15, will be among 100 …
The Greater Toronto and Hamilton Area (GTHA) will receive $2 million in funding by the Ministry of Natural Resources Zero Emission Vehicle Infrastructure Program to help pay for 294 electric vehicle charging stations. The announcement was made on January 25 …
The Canadian Automobile Dealers Association (CADA) has been pushing for fair tax treatment on the automobile deductions front and, in a win to dealers across the country, received some good news in December 2021 from the Department of Finance Canada. …
