North America’s leading automotive supplier, Magna International Inc. teamed up with the Province of Ontario to develop new electric vehicle technology over the next six years. The program will see some $432 million invested with the provincial government footing the …
One of the most controversial and frustrating aspects of modern dealer operations, concerns so-called factory image programs. Having traveled across the U.S. asking dealers about these programs, NADA chairman Stephen Wade has commissioned an independent study designed to highlight the …
The state of the economy has a direct impact on the money consumers are able to spend maintaining their vehicles. And when they do spend, they are happier with the treatment they receive in the aftermarket, according to a new …
Kia Canada has named Reynolds as a Certified Dealership Management System (DMS) Provider for Kia dealerships in Canada. Reynolds and Reynolds offers the ERA DMS to franchised automobile dealers in Canada. In a news release, the company says its ERA …
Inc. magazine named DealerSocket (www.dealersocket.com) to its fifth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Online retailer ideeli …
Nissan Canada Inc. announced 27 selected Nissan retailers have passed the certification process to sell, support and service the all-electric Nissan LEAF in Canada. Nissan LEAF certified retailers have modified sales and service departments and undergone specialized training to provide …
The 2011 Kia Optima was awarded the Car of the Year by “L’Annuel de l’automobile 2012”, beating out dozens of other new models. The annually-released hardcover publication celebrated Optima’s attributes with such quotes as “The Optima is simply one of …
U.S. News Best Cars, the source for car rankings, car reviews and car-buying advice, today released the Best Cars for Families Awards. The awards identify the best family cars across 20 automotive categories. Toyota and Honda tied for the most …
Two hybrid titans are collaborating on hybrid technologies. Ford Motor Company and Toyota Motor Corporation announced they will equally collaborate on the development of an advanced new hybrid system for light truck and SUV customers. The companies signed a memorandum …
There was big news in the auction world this week, when auction services firm Adesa announced it had signed a definitive agreement to acquire Openlane, an Internet-based business-to-business automotive remarketing company for $210 million. In a prepared statement by KAR …
Canada will build Toyota’s first electric vehicles built in North America. Toyota and Tesla Motors Inc. announced that their jointly-developed RAV4 electric vehicle will be built at Toyota’s Woodstock, Ont. Manufacturing plant starting in 2012. “Our team members are fully …
smart Canada announced that the company has surpassed a significant milestone by delivering more than 20,000 units in Canada since the launch of the smart brand in the fall of 2004. To mark the occasion, Mercedes-Benz Canada President and CEO …
