Consumer confidence in their dealership declines dramatically when the difference between showroom offers is only $50 from what the consumer was quoted online, according to a recent survey by Market Scan Information Systems. The survey focused on consumer behaviour in …
Motor vehicle assembly shipments were down 28.2% in Canada in 2020, thanks to plant shutdowns, models disappearing, and production pauses amid the COVID-19 pandemic, according to DesRosiers Automotive Consultants (DAC). They said the industry fell below $45 billion in shipments …
KAR Global has invested in AI-powered vehicle inspections technology through a North American commercial partnership with Ravin AI, which aims to fortify the company’s digital capabilities. Ravin is an international provider of automated, mobile, and CCTV-based artificial intelligence solutions for …
The global electric battery market is expected to grow by US$37.69 billion between 2021-2025, with a CAGR (compound annual growth rate) of 21.78 per cent through 2024, according to a recent market report from Technavio. “The electric vehicle (EV) battery …
Average wholesale used vehicle prices in Canada were up again for the week ending on March 12, with the car segment increasing 0.15% and trucks/SUVs up 0.56%, according to Canadian Black Book’s latest Auto Market Update. In comparison, the car …
Distribution Stox, which specializes in the distribution of tires and accessories for cars and light trucks, has launched an online ordering platform and implemented an ERP (enterprise resource planning) software in its Ontario-based facilities. “We are thrilled to develop the …
Quebec-based Martins Industries, which designs and manufactures tire equipment to store, handle, inflate and display tires and wheels, has announced the addition of David Martin to its marketing and sales team. The company has distribution centres in Canada, the United …
Canada’s Prime Minister Justin Trudeau and Québec Premier François Legault announced on March 15 the details of an approximately $185 million investment in an electric vehicle battery plant in Quebec. The federal and provincial government have provided an equal investment …
A $155,000 investment to Eco-West Canada was announced on March 16 by Terry Duguid, Member of Parliament for Winnipeg South, on behalf of Canada’s Minister of Natural Resources. The investment is meant for the installation of 31 Level 2 electric …
The Prince Edward Island carbon tax paid back $5 million more than it collected at the pumps in its first year when it was introduced in April 2019, according to Driving.ca. “According to P.E.I. Auditor General Darren Noonan, the province …
In a major win for consumers and car dealerships in Australia, the federal government announced plans to better protect them from being abandoned by foreign automakers. The government will introduce fines of up to $10 million for misconduct, thanks to …
A coalition of nine countries led by the Netherlands and Denmark has called on the European Commission to select a phase-out date for internal combustion engines (ICE), according to Politico. “Ambitious policies and regulations — as setting a clear and …
