The current franchise dealership model is alive and well and will be strong for years to come, according to Peter Welch, President and CEO of the National Automobile Dealers Association (NADA). Welch took the stage at the 2018 CADA Summit …
SEE MORE COVERAGE OF CADA SUMMIT 2018 Continued strong demand for trucks, and the need for Canadians to replace aging vehicles, is good news for dealers, according to Dennis DesRosiers, President of DesRosiers Automotive Consultants. DesRosiers was the second speaker …
While dealers are adapting to change, so too are their lenders, according to Michael McGhee, Senior Vice President & Division Head, TD Auto Finance Canada in his remarks at the 6th annual CADA Summit. McGhee says the focus for TD …
SEE MORE COVERAGE OF CADA SUMMIT 2018 The 2018 CADA Summit kicked off with a detailed look at economic forces impacting Canada, and how it would impact the Canadian consumer. The annual gathering of dealers and industry leaders took place …
A total of 40 vehicles are expected to be revealed during Media Preview Day for the 2018 Canadian International AutoShow, further positioning Toronto as a “leader for automotive debuts in Canada,” according to a CIAS news release. “Headlining an impressive …
Canadian Black Book has announced the winners of its 2018 Best Retained Value Awards in 20 categories, along with an additional three in the overall brand group. Toyota dominated the list, coming in first in eight categories and taking two …
Maven, a subsidiary of General Motors, has launched an urban car sharing service in Toronto, according to the company’s news release. “Toronto has a unique spirit. Residents are constantly on the go and want more sharing and mobility options,” said …
The 21st annual Canadian auto industry golf tournament will take on a new name this year: The Canadian Black Book Kathy Ward Memorial Golf Tournament. The event, hosted by CBB, is meant to honour the company’s former CEO who passed …
Canadians love their cars for more than just the ability to rev the engine — they enjoy the opportunity to have intimate encounters in their vehicle as well, according to a study commissioned by autoTRADER.ca. A whopping 75 per cent …
The Board of Directors of the Automotive Business School of Canada (ABSC) has named Jason Dale as its new Executive Director, according to a Georgian College news release. “I am thrilled to be joining the team at Georgian College to …
If the pace of new-vehicle sales in Canada is set to moderate in 2018, as has been widely predicted, the market has yet to get the message. After two consecutive months of declines, January sales bounced back to set an …
Average new car prices in the U.S. rose nearly 4 per cent in January 2018 compared to the same period last year, according to the analysts at Kelley Blue Book. “January was a strong month for transaction prices, rising nearly …
