An agreement to purchase the Grossinger Auto Group will give AutoCanada eight dealerships in Metro Chicago, plus six luxury/premium brands in a nearby auto mall. The acquisition adds four new brands to the AutoCanada portfolio — Toyota, Honda, Lincoln and …
More than 200 guests attended the grand opening of Cox Automotive Canada’s new Manheim Moncton auction on March 22. Moncton mayor Dawn Arnold and Jack Sulymka, Director, Commercial Accounts and Operations for Manheim Canada performed the ribbon cutting ceremony. Following …
By Gerry Malloy For the second month in a row, new-vehicle sales in Canada declined in April relative to last year, this time more sharply. Sales of of 191,856 vehicles were down 2.7% from a year ago and 4.2% from …
U.S. average new car prices climbed 2 per cent ($732) year-over-year in April, and increased 0.3 per cent ($93) from the previous month, according to analysts at Kelley Blue Book. The estimated average transaction price for a light vehicle in …
Mark Buzzell, President and CEO of Ford Motor Company of Canada, kicked off the sixth annual CADEX conference in Halifax, N.S., by tackling everything from autonomous vehicles to safety features, ride sharing, car ownership and vehicle financing. The advancement of …
The Canadian Black Book Used Vehicle Retention Index for March 2018 reached the same all-time high of 103.0 that was set in December 2017, according to a CBB news release. The report also reveals that the industry-wide wholesale value index …
The Trillium Automobile Dealers Association (TADA) is concerned about the possible implementation of a 3 per cent surtax on some luxury vehicles in Ontario. TADA says the additional tax, one of several commitments made by the NDP, will negatively impact …
CARPROOF has announced the launch of a new trade-in appraisal and lead generation tool meant to provide dealers and their customers with accurate trade-in values. Known as True Trade, the tool pulls real transaction data and advanced analytics from the …
The star of the show in New York this week is not one you’d expect, but one which you already know very well. Apple and its CarPlay interface are featured in most, if not all, the new models on display …
The Automotive Conference & Expo (ACE) opens today at the Fallsview Casino in Niagara Falls, Ont., where dealers and their teams had the opportunity to network, sit in on a range of speaker presentations, and enjoy the ACE kickoff party …
Conversational AI company Conversica has announced new findings from its annual study that may help dealers improve their service department results, according to a news release. Their 2017 Sales Effectiveness Report on Lead Follow-Up in the Automotive Industry reveals that …
Carfax has revamped its series of webinars aimed at helping dealers with their used vehicle operations, and plans to launch the first webinar on April 12, 2018 at 2 p.m. EDT. The series, now called “Carfax Insiders,” explores topics that …
