Google’s ThinkAuto 2012 event offers insights into automotive retailing Many dealers are finding that the very business model on which they built their reputations either no longer applies, or if it does, is becoming barely recognizable. But how do you …
DealerTrack recently announced that it has acquired DMS assets from Ford Motor Company of Canada Limited. In a press release, DealerTrack said that as part of the acquisition agreement, it will assume control and own the administrative, sales and support …
BMW Financial Services has announced a new app for Facebook entitled “The Ultimate Drive.” The community app is designed to allow drivers to share favourite routes and roads. It also marks the first time a captive automotive finance company has …
The Vaughn Wyant Auto Group (VWAG) has opened two new retail outlets; a high-end Porsche dealer in Saskatoon, Sask. and a company-rebuilt Hyundai outlet in Maple Ridge, B.C. The opening of the Porsche store was marked by a $1 million …
Canada’s largest auto group, with 41 stores and counting, is spending $75 million in B.C. over the next year, building five new outlets. “It’s a bit unnerving,” admits Christian Dubois, Dilawri Group of Companies regional director of operations in B.C. …
Service is everything to the three Madraga brothers (Kim, Ken, and Kevin), who have just opened a new relocated Ford dealership, on the outskirts of Melfort in rural Saskatchewan. It is the essential element that has made them the largest …
Honda Motor Co.’s president Takanobu Ito has said he expects the automaker’s redesigned Fit subcompact to be the key driver in North American sales over the next several years. Ito predicts that the new Fit, scheduled to be revealed next …
Challenging, colourful and fast moving are just some of the words often used to describe the auto industry. And given how busy many of us can get, it isn’t often we get time to reflect just how significant an impact …
Hyundai Auto Canada Corp. and Kia Canada Inc. recently announced that they are correcting the fuel consumption ratings for approximately 172,000 vehicles sold between 2010 and 2012. Procedural errors at the automakers’ joint testing operations in Korea led to incorrect …
Yesterday, General Motors announced that it had clinched a new $11 billion U.S. credit line deal it had been actively seeking following the automaker’s government assisted restructuring. The new credit agreement, which is designed to finance a number of the …
Last month, Ford Motor Company of Canada Limited said it sold 20,565 vehicles which not only enabled it to retain the top sales spot but also represented a seven per cent increase year-to-date. Passenger cars rose by 17 per cent, …
In the wake of the destruction wrought by Hurricane Sandy on the U.S. Northeast, Automotive News reported that both car manufacturers and the National Automobile Dealers’ Association are gearing up to support relief efforts. Both Toyota and Mercedes-Benz have pledged …
