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 …
According to the Openlane Market Index, which monitors auction sales, in Canada during the month of the July, prices paid for vehicles at auction remained even compared with June, though there was a slight upward trend in demand compared with …
Conducted by automotive research and consulting firm AutoPacific, the annual U.S. Ideal Vehicle Awards (IVA) are designed to reveal the cars and trucks that most match the wants and needs of their owners, vehicles they’d be least likely to change …
Mazda’s lease customers can now benefit from Mazda Wear Protection on all leased vehicles, thanks to a new partnership with LGM. Mazda Wear Protection helps preserve the appearance and new-car experience by providing four categories of protection: Interior Protection; Front …
Auto retailers that use a third-party loyalty program can achieve significant retention increases of 20 per cent and more, according to findings presented in a new white paper from MediaTrac, a U.S.-based marketing technology company. MediaTrac released their free Auto …
Brandtford dealer Forbes Bros celebrate milestone anniversary How do you measure success? For Bob and Jim Forbes, brothers and dealer principals of Forbes Bros Chevrolet Buick GMC Cadillac, it’s easy to measure success in decades — nine to be exact. …
After setting a new SAAR (Seasonally Adjusted Annual Rate) high for the year in June, new-vehicle sales in Canada plunged again in July continuing the topsy-turvy ride that has characterized the year to date. That’s no surprise to those in …
Nissan Canada announced plans to significantly expand its dealer presence in Canada to help improve customer experience and gain a larger share of the Canadian market. The company says its dealer strategy in Canada is a key part of its …
Mitsubishi Motor Sales of Canada, Inc. announced new online service appointment scheduling tools within all of their English and French dealer websites in Canada. These tools, from Dealer-FX Group, Inc. allow Mitsubishi Canada customers to request service appointments online or …
DealerRater, the car dealer review website, announced an enhanced feature of its Certified Dealer Program that will enable dealers to better integrate and leverage online reviews on Facebook. This supplements existing tools that enable a dealer’s reviews to automatically feed …
