New vehicle prices in the United States reached another all-time high in September 2021 for the sixth consecutive month, while also surpassing $45,000 for the first time, according to a new report from Kelley Blue Book. At $45,031, KBB said …
The findings of a recent automotive study by a reputation experience management (RXM) company points to the importance of reviews for nearly 80% of consumers—with 41% saying they will read at least five reviews before visiting a dealership. In its …
Canadian Black Book ran its 24th annual Kathy Ward Memorial Golf Tournament on September 20, raising $30,000 for the Tim Hortons Foundation Camps. The tournament hosted 92 Canadian automotive professionals at Maple Downs Golf & Country Club in Vaughan, Ont. …
Southern Ontario’s Policaro Group recently announced a new partnership with Oro Station, a 200-acre automotive innovation hub meant for automotive enthusiasts, racers and innovators. The dealer group plans to build a two-storey clubhouse at Oro Station Motor Circuit featuring a …
Twenty key players from across Canada’s zero-emissions vehicle landscape launched a ZEV supply chain alliance called Accelerate at the end of September. The goal of the alliance is to create a forum for membersto collaborate, strategize, and advocate for any …
Online Fintech platform LendingArch was recently named the Fastest Growing Company in Alberta for 2021 by The Globe and Mail and Report on Business TV. The Fintech platform was also ranked as the 15th fastest growing company in Canada. The …
The Canadian Black Book Used Vehicle Retention Index for September 2021 reached a new high of 132.6 points—up 4.8 points (3.8%) over August. According to CBB, the index experienced growth for 14 out of the past 15 months, with September …
Porsche Cars Canada is teaming up with hospitality and leisure properties to offer electric vehicle chargers for drivers of premier travel destinations. These Porsche-designed AC chargers aim to top off EV batteries while drivers enjoy a meal, stay the night, …
The third quarter of the year was dominated by the impacts of the semiconductor shortage, when passenger car sales declined 11.3%—which DesRosiers Automotive Consultants (DAC) describes as “not an unusual figure.” However, light truck sales fell 12.5%, and that is …
The Canadian used wholesale market continues its upward trend, now for the eight consecutive week as all but one segment managed price increases for the week ending on October 5. In its latest weekly automotive market update, Canadian Black Book …
Montreal’s Decarie Motors (Jaguar Land Rover) dealership is celebrating its 75th anniversary. The company was co-founded in 1946 by the late Moe Segal and his father, Max, and the store initially sold used vehicles. Today, the dealership is home to …
AutoCanada recently acquired Airdrie Autobody, a collision centre located in Airdrie, Alberta, as part of the group’s strategy to develop a national collision centre network to match its existing dealerships. “The addition of this well-managed business marks the fourth collision …
