A recent study from TOP data points to an increase in U.S. consumer interest towards luxury vehicles this year. The company analyzed customer visits to dealerships of 37 car brands in 30 major cities, and found a 5 per cent …
The Government of Canada announced a $5-million FedDev Ontario (Federal Economic Development Agency for Southern Ontario) investment in the Automotive Parts Manufacturers’ Association (APMA) to support Project Arrow. The project is set to produce the automotive industry’s first made-in-Canada electric …
According to Canadian Black Book’s (CBB) Canadian Auto Market Update, buyers continue to show caution amidst inflated prices and low inventory levels, causing the Canadian used wholesale market to remain relatively flat this week. Drops were seen in both the …
According to a recent report by DesRosiers Automotive Consultants Inc., (DAC) the driving and maintenance patterns of Canadians have changed as a result of the pandemic. With approximately 26 million light vehicles on the road in Canada, driving and maintenance …
Brian Kingston, president and chief executive officer of the Canadian Vehicle Manufacturer’s Association (CVMA), says the Canadian government must step up to ensure Canada maintains its position in the North American automotive industry. In a recent article Kingston wrote for …
North American automobile dealership group AutoCanada Inc., announced yesterday that it has acquired Mark Wilson’s Better Used Cars of Guelph, Ontario. This acquisition is in addition to AutoCanada’s recent acquisition of Haldimand Motors and advances the dealership group’s used digital …
Canadian auto dealer editor Todd Phillips interviews Luciano Butera, Exec. VP, COO TRADE X about the company’s ambitious plans to grow its global trade platform that lets vehicle buyers and sellers from around the globe connect and transact. The company …
August 9th marked the opening day of Volvo’s newest retail location, Volvo Cars Royal Oak, located in the Northwest Auto Mall in Calgary, Alberta. The newly constructed 35,000 square foot building occupies a four-acre spot at 112th Ave. NW, which …
Electric car dealership All EV Canada has announced four new stores across Atlantic Canada, two of which will be in Newfoundland, one in New Brunswick, and one in Nova Scotia. The news follows the recent sale of All EV Canada …
Peter Smith GM Chev Cadillac, a dealership in Belleville, Ontario, has just donated a brand new Cadillac CT4 Sport to the Belleville General Hospital Foundation in honour of former dealer principal Peter Smith. The car, which is worth $48,000, will …
J. D. Power has released its Canadian automotive market metrics for July. Although days to turn for used vehicles have remained relatively flat, days to turn for new vehicles are down almost 40% compared to July 2020. In terms of …
Beleaguered by an ongoing global microchip shortage and consequent inventory shortfalls, Canadian sales of 155,657 new vehicles in July 2021, as estimated by DesRosiers Automotive Consultants (DAC), were down by 5.7% from the same month last year – and they …
