Investment in the Canadian automotive industry is expected to hit a new high this year, according to DesRosiers Automotive Consultants (DAC). In an update the firm said capital expenditures in the auto sector have seen large swings in the past …
A look back at July reveals new vehicle prices in the United States were lower, year-over-year, for the 10th consecutive month. In a news release, Cox Automotive said data released by Kelley Blue Book shows the average transaction price for …
Car seats play a pivotal role in the vehicle buying decision for 60% of parents, according to Cars.com. In a news release, they also noted that some consumers will go as far as bringing a car seat to the dealership …
Goodyear Tire will invest over $575 million to modernize and expand its plant in Napanee, Ont., which in turn will help the company create an energy-efficient, end-to-end manufacturing process and boost its production capacity — including electric vehicle and all-terrain …
A trend is developing as electric vehicle owners are more likely than non-EV owners to adopt smart home technologies, according to a recent study from Parks Associates that included 8,000 Internet households in the United States. Its report, EV Charging …
Reynolds and Reynolds has acquired Boston-based TSD Mobility Solutions, a company that designs and develops fleet mobility solutions for dealerships, OEMs, public automotive groups, and rental car businesses around the globe. “The company’s values align with ours, their approach to …
Toyota recently kicked off a coast-to-coast trip to drive 9,000 kilometres with stops in every province as part of its 60th anniversary celebration in Canada. In a news release, the automobile manufacturer said the stops are to highlight some of …
The Canadian used wholesale market’s decline in prices did not stray far again, having declined -0.23% for the week ending on Aug. 10, compared to the prior week’s -0.26% — and -0.20% for the 2017-2019 average of the same week. …
Midas, a provider of automotive services, and a competitor for Canada’s car dealerships, recently launched a new brand platform called Don’t Put Up With B.S. to highlight the company’s commitment to taking a better approach to auto care. It’s an …
In eyeing automotive industry prices, DesRosiers Automotive Consultants has observed key areas diverging. DAC said inflationary pressures from 2021-2023 impacted the Canadian economy — particularly the used vehicle market. But now that new vehicle supply shortages have been resolved, and …
Julie Desjardins has been tapped as Sales Director for Canadian Black Book, bringing a wealth of experience and industry knowledge to the job. According to CBB, Desjardins’ background in automotive spans more than two decades. Based in Montréal, Qué., she …
Reynolds and Reynolds is joining the Toyota SmartPath and Lexus Monogram service programs aimed at helping dealers provide a high-quality experience to service customers that embraces transparency and accuracy. The company made the announcement in a news release in which they …
