Recent data from Black Book in the U.S. reveals used vehicles such as mid-size sedans and vans are showing a lift in values. The volume-weighted overall car segment values experienced a 0.12 per cent increase ($12) from the previous week. …
Canadian car buyers remain comfortable with receiving their auto financing from the dealership, with 66 per cent having applied for it right when the vehicle was purchased, according to a recent FICO survey. Globally, 55 per cent of consumers on …
Automotive retail sales have had a slow start this year, with new-vehicle retail sales expected to dip 4.9 per cent to 2,944,200 units in Q1 compared to a year ago, according to J.D. Power. New vehicle sales in March are …
Cadillac has launched a live digital showroom that boasts a unique, one-on-one experience exclusive to Canadian consumers. The luxury brand transformed a 10,000-square foot Toronto film studio into an online showroom known as Cadillac Live. It has been described by …
General Motors plans to invest $300 million in its Orion Township assembly plant in Michigan — a move that will bring 400 new jobs to the plant. The investment is geared towards the production of a new Chevrolet electric vehicle, …
The Canadian Black Book Used Vehicle Retention Index for February has revealed a decline — the first since June 2018. The index dipped 0.5 points from January’s record high and is now resting at 104.7. “Someone once said, ‘One month …
A custom-made cigar box guitar autographed by the iconic band the Barenaked Ladies helped raise more than $4,000 for charity at a live auction at DISTINCTION: Celebrating Excellence at the Vancouver International Auto Show. Canadian auto dealer’s editor Todd Phillips …
OpenRoad Auto Group has been named one of Canada’s Best Managed Companies — now for the seventh consecutive year. The B.C. dealership group was honoured with the Platinum Club award, which is the program’s highest level of corporate recognition. The …
Juyu Jeon has been named president and CEO of Mitsubishi Motor Sales of Canada. The newly appointed Jeon arrives from his previous role as Vice President, Sales & Marketing, Corporate Planning and Business Control, for the company. He will enter …
Porsche is taking its dealerships to the next stage with its new corporate architecture concept meant to turn its retail stores into a central gathering place for the brand’s community — including new customers, as well as current ones. Its …
After three years at the helm of the Canadian Automobile Dealers Association, President and CEO John White is stepping down, and is relocating with his family back to Montreal. CADA has hired an executive search firm to find his replacement. …
Honda Canada representatives and special guests including Toshiaki Mikoshiba, the Chairman and CEO of Honda North America, Inc, joined together in a celebration at the company’s head office on Monday, March 11th to honor their growth and achievements over the …
