Canadian wholesale used vehicle prices for September jumped 1.5%, and in doing so set a new all-time record high for the Canadian Black Book Used Vehicle Retention Index. “After losing 7.2% of its value from February to June, the Index …
A new tool known as EGID aims to help businesses help their employees maintain the required 2-metre social distancing standard when working. Made in Quebec, the EGID was unveiled by Alco Prevention Canada on October 1 and is considered to …
CarGurus has launched a new offering to help dealers expand their online reach to consumers by showing their used vehicle listings to car shoppers outside their local market, according to a company news release. The tool, previously known as Delivery …
Automotive industry veterans Alexander DeBuono and Dennis Lecos say they have developed a vehicle management software app that aims to remove confusion and frustration for car owners and buyers in the country. “Carfuffle takes the confusion or commotion out of …
After bottoming out in Q2, auto sales in Canada rebounded in the third quarter of 2020 to just 3.9% below 2019 levels. While the sales recovery showed signs of faltering in August, it bounced back strongly in September with an …
Wholesale used vehicle prices have remained unchanged this past week, according to Canadian Black Book’s latest update, with the car segment up in value by 0.02% and trucks down by a mere 0.02%. Mid-size cars were up 0.31% or $36, …
The estimated average transaction price for a light vehicle in the United States was $38,723 in September, with new vehicle prices jumping 2.5 per cent ($940) year-over-year while climbing 0.1 per cent ($23) from last month, according to Kelley Blue …
The Canada Emergency Wage Subsidy (CEWS) will be extended to summer 2021; it is one of the highlights provided by the federal government during its 2020 Throne Speech, which served to open the next session of parliament. Julie Payette, Canada’s …
Genesis has expanded its retail network to 27 locations across Canada after gaining Genesis Regina — its first retail partner in Southern Saskatchewan and first distributor. The company already has a retail location in Central Saskatchewan known as Genesis Saskatoon. …
Quebec-based Martins Industries recently launched a revamped “high-performance” e-commerce website to sell tire equipment online and attract more first-time buyers who are seeking a faster and easier purchasing experience amid COVID-19 and post-pandemic. “We knew that providing an outstanding user …
Canadian new light vehicle sales continued to show mixed results for August 2020 across the provinces as it reached an estimated 165,837 units overall, according to DesRosiers Automotive Consultants (DAC). Andrew King, Managing Partner of DAC, said August demonstrated “unstable …
New car leads (replies) per listing have increased by 135 per cent in August year-over-year on Kijiji Autos properties, according to the company’s national trend report for August 2020. The report also found that average leads (replies) per listing for …
