Small SUVs are dominating market growth in Canada, reflecting what consumers are after. That is according to DesRosiers Automotive Consultants’ latest update on segment sales — this one for the first half of 2024. At the segment level, they have …
The Montreal International Auto Show (MIAS) has officially acquired the Montreal Electric Vehicle Show (MEVS) and plans to maintain the distinctiveness of each event in the short- and medium-term. “When we heard that the MEVS could change hands, we quickly …
TRADER Corporation has acquired Collateral Management Solutions (CMS) from Teranet, a move that will help enhance the company’s financial technology offerings as an expansion of Dealertrack Canada. They will do this by incorporated CMS into TRADER’s Fintech portfolio alongside Dealertrack, …
A ribbon-cutting ceremony marked the commemoration from Stellantis North America of the recent opening of a new Mopar Parts Distribution Centre (PDC) in Brampton, Ont., that uses robots to get things done quickly and efficiently. The facility houses nearly 55,000 …
OpenRoad Automotive Group is expanding its core business with a sister company featuring car washes in a bright, open design to create an experience for its customers buying and servicing vehicles. The B.C.-based company, which will celebrate its 25th anniversary …
iA Financial Group has invested $10 million in Clutch, a Canadian business with a focus on online pre-owned vehicles sales. Clutch is a Toronto, Ont.-based company that was founded in 2017. It became one of Canada’s largest retailers of used vehicles …
Dealers wondering how far the use of Artificial Intelligence will range when it comes to the automotive industry may be interested to learn of Autocrypt and Emobi’s project. The two companies came together to launch what they described as the …
The Canadian used wholesale market experienced a decline in prices of around -0.44% for the week ending on July 6, according to Canadian Black Book. That decline is similar to the prior week’s -0.48%, but not as close to the …
Frost & Sullivan has recognized automotive cyber security firm Argus Cyber Security as an innovation and growth leader in its 2024 Frost Radar for Automotive Cybersecurity. Frost Radar is an analytical tool the company uses to evaluate businesses in two …
Canadian auto dealer senior editor Todd Phillips interviews Todd Bourgon, Executive Director of the Motor Vehicle Retailers of Ontario (MVRO), about the ACE Conference and Expo taking place in Niagara Falls between Oct. 17-18. The theme is “Discover the Future,” and …
The Canadian automotive market enjoyed 19 consecutive months of year-over-year increases prior to June — which came in even for the month, according to DesRosiers Automotive Consultants. “June 2024 sales as estimated by DAC came in at 169,000 (units) — …
AutoTrader.ca announced the launch of its new car shopping experience known as Storefront this week — a fresh tactic for automotive manufacturers and retailers to promote their new vehicle lineups to Canadian consumers that frequent the marketplace. The company said …
