The Canadian used wholesale market’s decline in prices did not stray far again, having declined -0.23% for the week ending on Aug. 10, compared to the prior week’s -0.26% — and -0.20% for the 2017-2019 average of the same week. …
Midas, a provider of automotive services, and a competitor for Canada’s car dealerships, recently launched a new brand platform called Don’t Put Up With B.S. to highlight the company’s commitment to taking a better approach to auto care. It’s an …
In eyeing automotive industry prices, DesRosiers Automotive Consultants has observed key areas diverging. DAC said inflationary pressures from 2021-2023 impacted the Canadian economy — particularly the used vehicle market. But now that new vehicle supply shortages have been resolved, and …
Julie Desjardins has been tapped as Sales Director for Canadian Black Book, bringing a wealth of experience and industry knowledge to the job. According to CBB, Desjardins’ background in automotive spans more than two decades. Based in Montréal, Qué., she …
Reynolds and Reynolds is joining the Toyota SmartPath and Lexus Monogram service programs aimed at helping dealers provide a high-quality experience to service customers that embraces transparency and accuracy. The company made the announcement in a news release in which they …
Dealers in Canada may be interested to learn that loans represented 50% of the percent of total transactions for new vehicles over the past 12 months, with leases and cash payments taking up 25% each. That is according to J.D. …
This time around, the Canadian used wholesale market experienced a decline in prices for the week of -0.26%, for the week ending on Aug. 3. Canadian Black Book’s latest Market Insights report shows the overall market is down only -0.02% …
As the federal government continues its consultations around potential policy responses to protect Canada from China’s unfair electric vehicle trade practices, Unifor is calling for the implementation of a series of tough and comprehensive measures. “The United States and the European …
Following a flat June performance, DesRosiers Automotive Consultants said July light vehicle sales bounced back to an appreciable 11.0% gain from 2023 levels. However, they also note that July 2023 was not a great month, and so a gain was …
Distribution Stox recently confirmed the conclusion of an agreement in principle to acquire the wholesale division of Newfoundland-based Simmons Tires and Service Centre Ltd. — though it has plans for much more. In a news release, the company said it …
In a move that speaks to the importance of hydrogen as a viable fueling option—not just for consumer vehicles, but the automotive sector as a whole—Nikola Corporation has teamed up with ITD Industries to open a commercial hydrogen refuelling station …
Québec is heading towards a complete ban on the sale of new internal combustion engine (ICE) vehicles starting in 2035. The tabling of a draft regulation on this topic was announced by the Ministry of Environment, Fight Against Climate Change, …
