There is some good news for Canadian dealers amid the COVID-19 crisis, according to a recent study from CarGurus. The Canadian COVID-19 Sentiment Study, released on May 1, considers consumers who planned pre-crisis or are now planning to purchase a …
U.S. new vehicle prices increased by 2.0% (or $763) in April, year-over-year, while prices declined 0.3% ($102 ) from the previous month, according to the valuation analysts at Kelley Blue Book. The estimated average transaction price for a light vehicle …
Automotive retailers in Ontario will be able to open their dealerships on May 4 by appointment only, according to a May 1 announcement from the province’s Premier Doug Ford. The announcement indicates that certain businesses will be allowed to re-open …
President and CEO of Groupe Park Avenue Norman Hébert Jr. talks about his experience amid COVID-19, from March until now, and the new protocols from the CCAQ (La Corporation des concessionnaires automobiles du Québec) that allowed Quebec dealers to re-open …
Niel Hiscox, Publisher of Canadian auto dealer, talks with Chuck Seguin, President of Seguin Advisory, about what might come next. While much remains uncertain, Niel and Chuck discuss opportunities that dealers are well-positioned to take advantage of as we emerge …
U.S. new vehicle sales continue to decline in April, with total end-of-the-month figures anticipated to be among the worst in three decades due to the COVID-19 pandemic, according to Edmunds. They are predicting that 633,260 new cars and trucks will …
Quorum has created a Dealer Resource Hub for auto retailers to help them implement new protocols and procedures in their dealership. Specifically, the hub is meant for dealers using the Quorum software and offers short tutorials on how to make …
Porsche is planning to restart vehicle production in Germany on May 4 on a site- and task-specific basis after implementing the required measures needed to ensure the safety of its employees. “The restart is an important signal — for our …
Honda has started producing and delivering critical components for the production of ventilators to Dynaflo Inc., which provides custom-engineered OEM vacuum pumps and compressors. The company is based in Reading, Pennsylvania. The automaker partnered with the U.S. company to increase …
CADA just published a guide on “Safely Operating an Automobile Dealership During the COVID-19 Pandemic” for provincial dealer associations and its dealer members. CADA President & CEO Tim Reuss said the guide was published on the association’s members website and …
Jordan Chezy, Executive Vice President, A&R Solutions, talks about the physical and cyber security recommendations for dealerships during the pandemic, offered by sister company Dealer Security.
DesRosiers Automotive Consultants (DAC) released its provincial sales report for March, revealing a significant decline in sales and provincial impacts that were not evenly dispersed. It should come as no surprise that March felt a greater impact from COVID-19 than …
