A new report from J.D. Power reveals that loans represented 51 per cent of new vehicle transactions in Canada over the past 12 months, whereas cash represented nearly half that amount at 26 per cent and leases were 23 per …
A new Leger survey for the Tire and Rubber Association of Canada reveals that, although 77 per cent of consumer respondents understand that correctly inflated tires improve fuel economy and reduce emissions, knowledge gaps remain around how to measure and …
This week’s reported decline in Canadian used wholesale market prices dipped to -0.44% for the period ending on May 4, according to Canadian Black Book’s latest Market Insights report. As a reminder, the prior week’s decrease was -0.27%, while the …
U.S. News & World Report recently recognized a trio of Hyundai vehicles for its 2024 Best Cars Hybrid and Electric Car Awards. The company evaluated 96 hybrid, plug-in hybrid, and battery-electric models before naming award-winners in 10 vehicle categories. In …
A new study from J.D. Power reveals the importance of relationships, in that automotive lenders seeking to capture a bigger piece of the market must focus on building and cultivating relationships with dealers. The company’s 2024 Canada Dealer Financing Satisfaction …
The Canadian Premier League (CPL) and founding partner Volkswagen Canada have teamed up to launch a program meant to honour five Canadians who are positively impacting their communities through their love of soccer. The program originally launched in 2022 and …
Now that Honda Canada has committed $15 billion in the future towards building electric vehicles in Ontario, the president/CEO of the company in Canada is hoping all of its dealers embrace it. “Our (message to our dealers) is, I think, …
Dealers in Canada may remember that April 2023 was the weakest month of that year from an automotive sales standpoint, suffering a lacklustre SAAR of 1.48 million units. This year the story is different. New light vehicle sales have increased …
The state of April new vehicle sales in the United States has accelerated as available inventory and higher incentives keep the market going, although it remains below Cox Automotive’s forecast — even with strong sales performance by Toyota and Lexus. …
Auto retail may be seeing improvements in the sector, but so too is aftermarket service — which has seen overall satisfaction increased in the United States after experiencing year-over-year slumps last year, according to J.D. Power. The company’s 2024 U.S. …
Autotrader has revealed the names of its top choices for Best Car Interiors Under $50,000 for 2024 model-year vehicles. The company’s top choices highlight to consumers that “inexpensive” vehicles can offer many of the same interior features and functions as …
As the new incoming president of the Motor Vehicle Retailers of Ontario and the future president of the Canadian International AutoShow, Rick Blacker can turn to his business partner if he wants any advice. That’s because Rick is Vice President …
