In its latest report, Cox Automotive found that U.S. consumers continue to delay buying and servicing vehicles, and inventory shortfalls are starting to impact price discounts offered by dealers. The report released in mid-June — COVID-19: Tracking U.S. Consumer and …
First Canadian Financial Group (FCFG) has acquired automotive aftermarket company Pro-Tech Seal Manufacturing as the company seeks to expand its offerings to automotive dealers in Canada. According to FCFG, Western Canada-based Pro-Tech Seal is among the country’s largest auto aftermarket …
Mercedes-Benz Downtown Calgary dealer Perry Itzcovitch and its General Manager Mazen Aboulhosn discuss the strategy behind how the dealership achieved a new record of 260 Certified Pre-Owned sales in a month amid the pandemic, which they describe as an increase …
The Trump administration has threatened to impose tariffs on aluminum coming from Canada — a move that was used just last year as leverage to negotiate the new NAFTA agreement, or the U.S.-Mexico-Canada Agreement (USMCA) as it is known in …
Cox Automotive is forecasting a decline in auto sales of 24.2% in the U.S. during the first half of 2020, although June is anticipated to be another small step back to some semblance of normalcy. The seasonally adjusted annual rate …
U.S. new vehicle prices jumped $1,141 (3.1%) in June, year-over-year, while increasing $160 (0.4%) from last month, according to Kelley Blue Book. They estimate that the average transaction price for a light vehicle in the U.S. was $38,530 during that …
Ride-sharing appeared to have taken a hit during the pandemic, but a new company that launched its services in Ottawa, Ont., on Canada Day is promoting itself as green and socially responsible. Facedrive is a Canadian-owned company promoting its values …
It has been a busy week since Canadian Black Book’s latest COVID-19 Auto Industry Update was released, and there have been a lot of downs since last week. But there has also been some noteworthy improvement. On the down side …
Manheim Canada has introduced a vehicle disinfection service so that vehicles sold through Manheim Simulcast auctions are treated with a disinfectant solution to reduce the risk of customers being exposed to COVID-19. The announcement was made on June 29 and …
Infiniti announced the launch of a new program that will allow customers of the brand to customize the entire new vehicle shopping process to fit their needs and convenience. Known as Infiniti Now, the program ensures customers can shop online …
BMW has announced its support for Digital Key for iPhone, which will enable customers to use their iPhone as a digital car key to lock, unlock, drive and share with their friends. The announcement, made during an Apple Worldwide Developer …
Four in 10 Canadians plan to take a road trip this summer as the pandemic has changed vacation plans for the majority of people (74%), with day trips and family visits among the most popular options. That is the latest …
