Lenders in the automotive space are in a unique position to support auto dealers and help turn their challenges into opportunities for business growth — so long as they remain responsive, provide value-added insights, and leverage digital communications, according to …
The Canada Emergency Wage Subsidy (CEWS) has been extended past the initial June deadline to August 29, according to an announcement from Canada’s Finance Minister Bill Morneau on May 15. That’s good news for auto dealers who are benefitting (or …
The Ontario Motor Vehicle Industry Council (OMVIC) has released guidelines for dealership sales operations during the novel coronavirus pandemic. Dealerships in the province re-opened on May 4 on an appointment-only basis and with rules to comply with strict public health …
Not a single dealership in Canada reported being completely closed, according to recent findings from the Canadian Automobile Dealers Association’s (CADA) national monthly survey. It is one of many encouraging findings from the survey, which took place between May 1-8 …
Consumers that originally intended on buying a vehicle before the COVID-19 pandemic are more likely to purchase one after the crisis has been resolved, according to an Ipsos Auto Global Study. The study includes consumers polled in 11 countries: the …
The Automotive Business School of Canada (ABSC) has launched an online automotive business diploma program starting in September. The part-time program includes 24 courses and two co-op work terms, and starts in September 2020 (and January and May 2021). The …
With COVID-19 impacting vehicle purchasing decisions and interest across the country, dealers may need to reconsider which Google search terms will benefit their business the most. Consumer interest in car deals is high, with search terms for “best car deals” …
Pitcher & Doyle, which offer insurance solutions for auto dealers, has released a checklist for dealerships that are re-opening and resuming test drives. The information arrives as certain provinces in Canada slowly begin to lift COVID-19 restrictions — particularly in …
Canadian Black Book has released its latest update on COVID-19 and the automotive industry — and this time, there is some good news mixed in with the less-than-ideal projections. After a period of closure, Ontario and Quebec dealerships (outside the …
Ed Valdez, Partner & CMO with Chief Outsiders, recently summarized six important steps that dealers can take to navigate their business through the COVID-19 pandemic and onward. The steps were drawn from a Harvard Business Review article, Lead Your Business …
Canadian auto dealer editor Todd Phillips interviews Maria Soklis, President of Cox Automotive Canada, on adapting her company to serve dealers during the pandemic, and steps taken to support them. Soklis offers her thoughts on leadership in the midst of …
Calgary dealer Perry Itzcovitch, of the Hyatt Group and Mercedes-Benz Downtown Calgary, talks about what’s changed in the past month, what is being done at his downtown Calgary dealership, the new protocols that have been put in place, and a …
