In its Auto Market Weekly Summary on the U.S. auto sector, Cox Automotive said consumer spending on motor vehicles and parts declined 6.1% in May. They described this as the steepest monthly decline among major durable goods categories. Furthermore, they …
Something doesn’t add up — and it’s not just the cost of used cars. In today’s market: Dealers who traditionally see 400–600 credit score applications are now also seeing 700–800 applicants. Subprime portfolios are filled up with prime and even …
Pricing in the Canadian used wholesale market was down -0.32% for the week ending on June 28, according to Canadian Black Book. Its data report shows prices slipped lower from the prior reporting period, when pricing was -0.19%. Both car …
Automotive industry players in Canada likely heaved a sigh of relief after the federal government announced trade talks between Canada and the United States will resume. Both parties are eyeing a deal by July 21. It was not Canada’s automotive …
Toyota Motor Manufacturing Canada has received the Gold J.D. Power Plant Quality Award, the company recently announced. TMMC’s South Plant in Cambridge, Ontario, won the top award in the North and South America Region for building the Lexus RX, as …
The CADA Laureate recognition award program is celebrating its 20th year. With three new CADA Laureate award winners named this week by CADA, there are now 60 CADA Laureates who have been selected from coast to coast. They are chosen from …
Dealer Solutions Mergers & Acquisitions (DSMA) has appointed Mélissa Samatas as Partner and Chief Operating Officer of its Canadian operations only 14 months after joining the company as an associate, following the sale of her family’s dealership business. DSMA made …
Automation Anywhere, a company that focuses on Agentic Process Automation, detailed key barriers and breakthroughs shaping the adoption of Artificial Intelligence agents by businesses in its latest study. The company’s new research report, developed in collaboration with Forrester Consulting, is …
Fraser Valley Auto Mall has teamed up with Captain Canuck and launched a special tariff-free promotion at its Auto Mall Drive dealership in Abbotsford, British Columbia, as it clears out inventory. “Fraser Valley Auto Mall has teamed up with Captain …
DesRosiers Automotive Consultants has often used gasoline consumption as one of the variables through which it can judge the strength of vehicle usage and aftermarket demand in Canada. In its latest report, they found gasoline consumption was down 3.5% in …
Electric vehicle owner and professional videographer Patrick Nadeau took part in a road trip that sent him from Markham, Ontario, to the Arctic Ocean in Tuktoyaktuk, Northwest Territories, as part of The Hyundai Canada EV Road Trip. In a press …
Mazda Canada’s President and CEO David Klan will retire on October 1, paving the way for a woman to take the reins for the first time in the company’s history. The incoming President and CEO is Amy Fleming, Senior Director …
