Strong demand for both new and used vehicles among consumers combined with low inventory levels is driving weekly price increases for the Canadian used vehicle market, according to Canadian Black Book. In its weekly automotive market update, the week ending …
Average new vehicle prices in the U.S. increased $1,660 (4.3%) in March year-over-year, but declined $608 (1.5%) from the previous month, according to Kelley Blue Book. “March average transaction prices continued to perform above the threshold of $40,000, even with …
Al MacPhee of MacPhee Ford and a past Chair of CADA, and Ron Zima of GoGreen Communications discuss idle time: how they are bringing awareness to the issue through the IDLE FREE for our kids initiative, the impact of …
Andrew Ojamae, President and CEO of the AutoIQ Dealership Network, has been named one of this year’s recipients of the Georgian College Board of Governors’ Awards of Distinction (Community Partner Award). The purpose of the award is to recognize noteworthy …
Toyota, Subaru and Ford are the top three brands where 2020 light vehicle sales per dealer franchise for the mass market are concerned, according to DesRosiers Automotive Consultants (DAC). Last year, Toyota light vehicle sales per dealer franchise reached 691, …
TRADER is launching its annual Carology: The Science of Selling Cars event on April 20 at 1:00 p.m. ET; it will include insights on successful strategies and techniques from online marketplace giants and an exploration of the current online Canadian …
HGreg ended the month of March with strong sales figures and special distinctions. The dealer group’s HGregoire Nissan Chomedey (located in Quebec) and HGreg Nissan Kendall (located in Florida), have each been named the number one Nissan dealership in their …
After double-charging a number of consumers across the United States, Tesla has issued an apology to affected customers, a refund, and a $200 store credit. However, many customers told CNBC that the refund took too long. One individual who purchased …
Porsche has announced a stop sale and recall in the U.S. for its 2021 Cayman GT4, Cayman GTS 4.0, Boxster GTS 4.0 and 718 Spyder models. The possibility that a connecting rod could crack has prompted the recall, which currently …
An issue with the steering shaft, which can cause a loss of steering, has affected a small number of Mercedes-Benz vehicles. The 2017 CLA250 and 2017-2018 CLA45 AMG, GLA250 and GLA45 AMG models are affected. Just under 5,000 U.S. vehicles …
BMW announced on Thursday that it expects to hit profit targets for 2021, as the OEM reported an increase of 33.5% in its first quarter sales results. The announcement caused the company’s shares to increase slightly. In March, BMW announced …
Hyundai has addressed rumours that all models of the Veloster hatchback, with the exception of the N model, will be discontinued. Although some news outlets speculated earlier this month that Hyundai had quietly discontinued the Veloster, the OEM has squashed …
