U.S. auto sales are expected to decline in June with a forecasted 1,080,656 new cars and trucks sold and an estimated seasonally adjusted annual rate (SAAR) of 12.8 million, according to Edmunds. Those numbers reflect a 28.7% decrease in sales …
The majority of British Columbians (66%) are planning a summer road trip as the province begins phase three of its Restart Plan, with 75% planning their preparations around ensuring they remain “extra safe” during the pandemic, according to a British …
A recent study by Deloitte offers insight into the determination of millennials and Gen Z consumers to drive positive change in their communities and globally, even amid the COVID-19 pandemic. The 2020 Deloitte Global Millennial Survey, which is divided into …
Canadian Black Book’s Vehicle Retention Index, which focuses on 2-6 year-old vehicles, declined by 5.3 points in May (5.0% year-over-year) and 3.2 points from the previous month in April (3.1% month-over-month). Since March, the index has declined 7.8 points and …
The federal government will provide $100,000 in funding to Ontario to install 20 level-two electric vehicle (EV) connectors throughout the city of Guelph, which in turn is providing $220,000 towards the initiative. The announcement was made by Lloyd Longfield, Member …
ESP auction and its President Alain Boisvert, along with former ADESA auction’s President and CEO Stephane St-Hilaire, acquired a majority stake in TradeHelper — a Canadian online dealer-to-dealer auction platform. ESP auction is a physical wholesale automotive auction based in …
The impact of the COVID-19 pandemic has changed the way Canadian consumers shop for car insurance, according to a recent report from LowestRates.ca. The shift is due in part to the pause in drivers commuting to work (versus pre-virus levels) …
The sales and partnerships division of DAZN Media North America, a live and on-demand sports streaming service created by fans, announced an exclusive partnership with autoTRADER.ca. DAZN is the exclusive home of the Premier League in Canada. The partnership means …
Christopher Nadolny, Vice President of Risk Management at Pitcher & Doyle, talks about the rise in fraudulent activities in dealerships and offers advice on what dealers can do to better manage the situation.
Wholesale prices continued its slow decline in Canada while all car segments of 2-8 year-old vehicles declined by 0.58%, according to Canadian Black Book’s latest COVID-19 automotive market weekly update. That decline is similar to last week’s 0.60% drop for …
Employment in the Canadian automotive sector is down in Q1 of 2020, according to DesRosiers Automotive Consultants (DAC). The biggest declines hail from the motor vehicle manufacturing sector, followed by motor vehicle parts and accessories manufacturing, automobile dealers, automotive repair …
Kole Hicks has been appointed by Autocorp Technologies as its new Executive Vice President. Autocorp Technologies is a Canadian-based fintech company with its head office located in Ottawa, Ont. Autocorp offers a suite of digital retailing products and services primarily …
