News

Everything’s tightening up

July 29, 2024

Mid year check up for used car financing As we navigate through 2024, the automotive financing landscape is heavily influenced by persistently high interest rates, significantly impacting the used car market.  Despite recent rate cuts, interest rates for automotive remain …

Small steps could lead to big gains

July 29, 2024

We are living through a major industry shift. The signs are all around us. As I look back over the articles and reports of the past few years, many of the predictions and observations about the future of our industry …

The day of reckoning

Inconsistent public policy measures leave Canada vulnerable as China ascends Earlier this year, I had the opportunity to participate in the SAFE conference in Washington, DC.  For those that are not familiar with SAFE, the acronym stands for Securing America’s …

Why do change efforts often fail?

July 29, 2024

Shifting to a customer experience focused mindset is key but getting there won’t always be easy In the previous issue, I mentioned the importance of inspiring teams to adopt a customer experience focused mindset.  Shifting a mindset dealership-wide can require …

Taking a bite out of auto theft crime

July 29, 2024

BC’s strategy in the national battle against auto theft is working, but vigilance is required In May, the federal government announced a National Action Plan on Combating Auto Theft, signaling a step towards addressing this escalating problem across Canada. The …

CADA releases newest Data Report

July 25, 2024

The Canadian Automobile Dealers Association announced the publication of the newest version of its annual Data Report this week, expanding the scope of data and insights through its partnerships with Statistics Canada, Canadian Black Book, J.D Power, DesRosiers Automotive Consultants, …

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