Toyota pilots new car sharing app
Many OEMs are grappling with how to carve out a role in the new world of connected vehicles, ride sharing and selling mobility as a service. Toyota is the latest OEM looking to get a foothold in this brave new …
Category: News
GM delists from Toronto Stock Exchange
On Wednesday Aug. 16th, General Motors Co. announced that is voluntarily delisting its common stock from the Toronto Stock Exchange (TSX). The company’s shares will cease to be traded on the TSX at the close of markets on Nov. 30, …
Bill 104 “disastrous” for dealers, says CADA’s White
Demand for zero-emission vehicles, or ZEVs, is small in Canada; they account for less than one per cent of total vehicles sales in this country. But one province, Quebec, hopes to change that. Bill 104 is legislation aimed at increasing …
Digital first promises better inventory management
TradeRev and ADESA have teamed up to launch a “Digital First” initiative that encourages dealers to use the TradeRev mobile app platform before sending cars to a physical auction. By doing so, they say, dealers can launch and win …
Cross-screen automotive advertising grows in popularity
Automotive advertisers are one of the biggest groups taking advantage of converged TV and video advertising, according to a new report from Videology. “Canada Video Market at a Glance Q2 2017” shows that the number of all advertisers deploying cross-screen …
DMS provider hosts dealer conference
PBS Systems, a leading provider of Dealer Management Systems software, will hold their 19th annual dealer conference in Calgary on September 20-22. The two-day event will provide a fresh look at new developments and proven best practices in DMS software …
U.S. auto retail network shows continued stability
Urban Science’s 2017 mid-year Automotive Franchise Activity Report points to continued stability in the number of automotive dealerships in the U.S. A total of 18,199 dealerships (rooftops) as of July 1, represent a 0.2 increase from the January 1 …
automotiveMastermind is an SaaS Awards finalist
The SaaS Awards program has named automotiveMastermind a finalist in three categories. The worldwide awards program recognizes and celebrates innovation in software. The nominations prove that the company’s technology “delivers the best results to our dealer partners,” said automotiveMastermind CEO …
Red-hot auto sales continue in July
For the third consecutive month and the sixth of seven this year, new-vehicle sales in Canada in July set an all-time record for the month. Sales of 181,834 new cars, trucks and utility vehicles were up 4.9 per cent from …
Used vehicle prices show little change in July
Dealertrack’s list of Top Funded Used Vehicles in Canada, along with Average Cash Prices in July remained consistent with June. Nine of the 10 vehicles on the list saw price changes of less than 1.0 per cent. The lone standout …
Self-driving car proves benefits of collaboration
The demonstration “is an important example of how our on-going cross-border cooperation is advancing autonomous vehicle technologies,” said Bains. It also underlined a government commitment to middle-class jobs, growth and prosperity, he said. The initiative is part of the federal …
No killer app for virtual reality so far
Virtual reality is a technology that holds big promise, according to a new report exploring the demographics of virtual reality (VR) owners and intenders in the US, Western Europe, China and India. Many OEMs are experimenting with the technology as …
