General Motors is looking to enhance workplace safety during the pandemic with new technology it developed. “We developed an extensive playbook for a safe return to work for our employees, and we’re seeing very good success,” said Dr. Jeffery Hess, …
The Index of Consumer Confidence jumped 2.8 points in July to reach 82.5 (a positive sign for potential car-buying) while wholesale prices remained relatively stable, according to Canadian Black Book’s latest update for the first week of August. The truck/SUV/crossover …
Many dealerships have quickly embraced digital retailing during the pandemic, speeding up its adoption and adaptation within auto retail. But digital retailing by itself is not the solution, according to Dominic Sigouin, President and CEO of Quebec-based Noahvik Consultants. In …
While retail consumers are important to the automotive market, the fleet segment represents a significant portion of overall sales and its impact on the market is important, according to DesRosiers Automotive Consultants (DAC). “The speed and extent to which the …
Steve Jordan, CEO of the National Independent Automobile Dealers Association (NIADA), has been named Executive Vice President of KAR Global Dealer Sales and will officially join the company in September. “Steve is a true industry leader who understands the full …
John Stapleton, General Motors North America Chief Financial Officer, has been tapped as the new acting Global Chief Financial Officer, effective August 15. The news follows another move at GM, where Dhivya Suryadevara, Executive Vice President and CFO, resigned and …
“The first victims of these tariffs will be the Americans themselves,” said Canada’s Deputy Prime Minister, Chrystia Freeland, during an August 7 press conference in which she discussed the country’s approach to looming U.S. tariffs. The conference was streamed live …
It seems to have been a long time coming, but there is definitely some good news in Canada’s new-vehicle sales figures for July. Estimated sales of 165,020 units are just 4.9% below last year’s July figures. Indeed, according to DesRosiers …
After months of bad news and hints of good to come, Canadian Black Book’s COVID-19 market update for August 5, 2020 finally offers information and insights auto retailers can appreciate. July, for example, was an impressive month for new car …
Canada will retaliate should the United States follow through with imposing a 10 per cent tariff on certain Canadian aluminum products on August 16. “In response to the American tariffs, Canada intends to swiftly impose dollar-for-dollar countermeasures,” said Canada’s Deputy …
Mercedes-Benz and CATL (Contemporary Amperex Technology Limited), which develops and manufactures lithium-ion batteries, are moving forward with a partnership that aims to create battery technology for the OEM’s electric models. It is all part of the automaker’s goal to accelerate …
U.S. used vehicles prices are up thanks to unique market conditions created as a result of the novel coronavirus pandemic, according to Edmunds. In a news release, Edmunds said its data indicates that the average listing price for all used …
