Semifinalists of the North American Car, Truck and Utility Vehicle of the Year (NACTOY) awards were announced at the inaugural Motor Bella event at M1 Concourse in Pontiac, Michigan on September 21. For the 2022 awards, 23 new vehicles made …
Carfax CEO Dick Raines will retire from the company on Nov. 30, 2021, while his Vice President Bill Eager takes the reins on Dec. 1, 2021, according to a Carfax news release. “It’s been my honour and privilege to work …
Berlin-based Vay unveiled its new “teledriving” technology in September that puts “teledrivers” at the steering wheel of vehicles in a remote fashion in metropolitan areas. Vay wants to become the first company with a driverless, certified commercial mobility service operating …
J.D. Ney, Automotive Practice Lead at J.D. Power Canada, discusses the company’s 2021 Canada Customer Service Index—Long-Term (CSI-LT) Study that considers the impact of driving and vehicle ownership on the automotive service sector, and what that means for dealers …
Canadian Black Book announced a data integration with Trade X that connects dealers internationally through the Trade X global vehicle trading software. The integration means the software will include Canadian Black Book’s historical post-transactional wholesale valuation and transactional data, along …
New vehicle prices in the United States reached another all-time high in August 2021, for the fifth consecutive record-setting month thanks to an average transaction price of $43,355—up nearly 10% ($3,789) from August 2020 and up 1.6% ($685) from last …
Hydro-Québec subsidiary Hilo will launch a pilot project that will run from Nov. 1, 2021 until Oct. 31, 2022 and see electric vehicle driver participants test and assess its new smart charging solution. According to the company, that solution uses …
BlackKite, a cyber security risk rating and monitoring system provider, recently launched a research hub that will provide coverage of new and emerging cyber security threats. The Black Kite Research Hub includes news updates and research reports, such as the …
New data from DesRosiers Automotive Consultants (DAC) reveals nearly all provinces in Canada recorded sales decreases for the month of August, with the exception of British Columbia. While it is true that 2021 overall is up 18.9% year-to-date where new …
The Canadian used wholesale market is gaining momentum, with all 22 segments experiencing price increases for the week ending on September 10, according to a recent auto market update from Canadian Black Book. “As inventory continues to decline for both …
Moving forward, SCI MarketView will now be known as taq Automotive Intelligence—a move that reflects the company’s shift towards what it considers as reinventing or re-imagining how vehicles are bought and sold. SCI MarketView specializes in technology and customizable solutions …
Banco Santander, S.A. acquired Canadian-based lender Carfinco in 2015 and has now re-launched as Santander Consumer, bringing a new player and a big platform to the Canadian auto lending market. According to the company, the Santander Group is one of …
