DMT Development Systems Group has raised capital in a growth equity financing round led by private investment firm Sageview Capital to expand the company’s suite of software products. Built on a multi-tenant SaaS platform, the softwares enables auto manufacturers and …
New customized plan options from TradeRev are designed to simplify the accounting process, while serving the needs of both high and low volume dealers.The TradeRev mobile app creates a simplified, transparent real time automotive exchange, adding speed and efficiency to …
Wheel’s Automotive Dealer Supplies will provide certified pre-owned (CPO) merchandising and marketing materials to Kia Canada, under an agreement that kicks in January 12. Canadian Kia dealers will be able to source Kia-approved merchandising through a branded web portal, while …
Manufacturer 2017 +/- (%) 2017 +/- (%) 2017 Month YTD Month YTD Month YTD Acura 1,516 22,227 -7.0 -3.7 1.0 -0.1 Audi 1,937 30,544 2.3 14.2 1.6 0.2 BMW 2,945 38,012 18.8 8.6 2.0 0.2 FCA (formerly Chrystler) 18.870 277,445 …
A partnership between TRADER and Dealertrack will benefit vehicle buyers and sellers by providing a more efficient vehicle purchase process, the partners say. Available April 1, the new platform will bring in-store experiences online, allowing dealers to engage with consumers …
Jerry Chenkin, president and CEO of Honda Canada will retire at the end of March, ending a career with the company that spans more than four decades. Fellow Honda Canada veteran, Dave Gardner, will step into the role April 1. …
Veteran automotive and technology executive Doug Betts has joined J.D. Power as vice president of global automotive operations. Most recently at Apple, Betts has also held executive roles at FCA-Chrysler Automobiles, Nissan Motor Corp Americas and Toyota Motor Manufacturing. J.D. …
The federal government will provide funding totalling $18.2 million to two Canadian companies that are involved in automotive innovation. The funds will “lead to products and services that are more energy efficient, emit lower carbon emissions and promote healthier communities,” …
The dealership features Hyundai Global Retail Design Space, the company’s newest retail store design which includes a modern, open showroom with floor-to-ceiling windows and a bronze coloured roof. Premium furniture, customer lounges and digital kiosks, tablets and wheel stands are …
While effective CRM use is critical to dealership success, many dealers aren’t using their CRMs nearly effectively enough, according to research from software provider VinSolutions and DealerKnows, a boutique training and consulting firm. They evaluated CRM usage across three categories …
A customized 2017 Dodge Challenger SRT Hellcat, valued at $113,342.05, is the grand prize in this year’s Rock the Road Raffle, a fundraiser for prostate cancer research. Donated by the Trillium Automobile Dealers’ Association (TADA), the car features a 707 …
It’s been apparent for several months that 2016 would be another record year for new-vehicle sales in Canada, barring some catastrophic intervention, and so it was. In spite of a slight, 2.6% decrease in December compared to the same month …
