July sales keep on climbing
New vehicle sales in Canada continued to climb in July, up 4.7 per cent from the same month last year – the sixth month out of seven that sales have topped 2011’s. Year-to-date sales through July are 6.7 per cent …
Category: News
Mitsubishi iMiEV recalled
Mitsubishi Motor Sales Canada is recalling 49 examples of the 2012 iMiEV pure electric vehicle. The move follows a bulletin issued by Transport Canada highlighting a potential defect with the car’s safety restraint system. The problem lies with sensors that …
Ford says consumers want four-year “payback” on green vehicles
During a recent speech, Joe Bakaj, Ford’s vice president of powertrain engineering, said that about one in four new car buyers are willing to pay more for a fuel-efficient powertrain, provided the investment can be recouped in four years or …
Consumer Reports issues list of “cars to avoid”
Never one to shy away from controversy, Consumer Reports has released its “Five Popular Cars to Avoid,” for the September 2012 issue. These are vehicles that are frequently at the top of buyers’ lists but ones the magazine says should …
Kia wins design awards at Automotive Brand Contest
Kia won three design awards in the Automotive Brand Contest 2012, the latest of a series of honours for the Korean brand’s design team headed by Chief Design Officer, Peter Schreyer. The new Kia cee’d — launched in June 2012 …
TADA’s Digital Dealer event coming in September
After their highly successful Social Media boot camp event in February, the Trillium Automobile Dealers Association (TADA) is organizing a series of Digital Dealer events across Ontario in September. Invited speakers include some of the leading thought leaders who can …
Mercedes-Benz breaks ground on new London dealership
After a record year of sales, Mercedes-Benz Canada is growing, adding a new dealership point in southwestern Ontario. Tim A. Reuss, President and CEO of Mercedes-Benz Canada, and senior company executives joined Brian and Ryan Finch of Finch Automotive Group …
Kia Canada promotes second Drive Change Day
Kia Canada Inc. says it is excited to bring back its Drive Change Day on August 21st, 2012, for the second annual rendition. The company says that Drive Change is a vital part of its social responsibility program and emphasizes …
AutoCanada strikes new floorplan agreement with new lender
AutoCanada Inc. announced that it has entered into a new $240 million revolving floorplan facility agreement with The Bank of Nova Scotia, replacing its existing facility with Ally Credit Canada. In a news release, the company says its new revolving …
OpenRoad celebrates winning CADA Laureate award
OpenRoad Auto Group Ltd., issued a news release celebrating that the company’s leader was recognized with the prestigious CADA Laureate award from the Canadian Automobile Dealers Association (CADA). The company says this helps show that “innovation is equal parts market …
Toyota to expand Lexus production in Canada
Toyota Motor Manufacturing Canada Inc. (TMMC) announced that it will invest more than $100 million and hire approximately 400 employees to increase Lexus RX production at its Cambridge, Ont. facility. Overall Lexus RX capacity will increase by 30,000 vehicles to …
CADA Laureate program going strong
Canadian Automobile Dealers Association (CADA) Chairman Al MacPhee announced that Industrial Alliance Insurance and Financial Services Inc. (Industrial Alliance – SAL Group) has accepted CADA’s invitation to continue as the exclusive corporate sponsor of the CADA Laureate dealer recognition program …
