Dominic Sigouin, President and CEO of Noahvik Consultants, discusses digital retail — how he sees it, why it’s only part of the solution, and what questions dealers should be asking themselves. Read the article here.
Canada exported nearly 300,000 used vehicles to the U.S. in 2019, based on data from DesRosiers Automotive Consultants (DAC). The automotive export community has enjoyed strong and large profits. However, Canada is the smaller market with less influence and the …
Aluminum’s penetration into the North American market has increased thanks to the growth of electric powertrains and battery electric vehicle platforms, and multi-material vehicle construction, according to a recent survey conducted by DuckerFrontier. The survey found that aluminum is on …
The automotive industry is in second place out of 15 industries in MBLM’s U.S. Brand Intimacy 2020 Study, which reviews various brands based on emotions. The average Brand Intimacy Quotient is 31. In the number one slot is Media & …
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 …
