Forty-nine out of the 50 electric vehicles analyzed by Vincentric in its 2024 Canadian EV Cost of Ownership Analysis were found to have lower ownership costs than their all-gasoline alternative. The company’s 2023 study found that 95 per cent of …
A sharper decline in pricing was observed in the Canadian used wholesale market for the week ending on November 7. Pricing was down -0.64% compared to the prior week’s -0.33%, and the 2017-2019 average of -0.30% for the same reporting …
A company found a way to alleviate range anxiety among consumers considering an electric vehicle, although the results may not be as successful in wintry weather as they would be in sunshine areas. DartSolar invented an expanding solar roof rack …
Canadian Black Book’s Used Vehicle Retention Index increased marginally in November, resting at 136.2 points compared to 136.0 in August, September, and October. Year-over-year, however, the index decreased -9.4%. “The Canadian market remains relatively stable heading towards the holiday season,” …
Data from Equifax’s Canada Q3 Business Credit Trends Report may be of interest to dealers, especially those just starting out, as findings show newer Canadian businesses are driving significant growth in debt balances. The company said it sets a complex …
The latest J.D. Power Automotive Market Metrics are in, showing the percentage of total transactions over the past 12 months, per vehicle type, at 25% cash for new vehicles, 25% for leases, and 50% for loans. For used vehicles, the …
The NADA Show always attracts hundreds of Canadian dealers and suppliers who are eager to attend the largest dealer-focused conference and trade show in North America for the latest learning, and to see the new goods and services at the …
As consumers continue to ponder electric vehicles and concerns around vehicle range, charging infrastructure, and cold weather driving, dealers may wish to double down on their knowledge sharing — particularly as winter creeps in. In a news release, Electrify Canada …
The numbers are in for November; light vehicle sales appear to be hot for the month as an estimate by DesRosiers Automotive Consultants shows the market came in at an impressive 156,000 units — up 8.8% from the same month …
Dilawri has announced the acquisition of Volvo Cars West Island (formerly Volvo West Island), the dealer group’s first franchised Volvo store in Québec and the second under its umbrella. The store is located at 15 Auto Plaza in Pointe-Claire, near …
With the NADA Show set to take place this coming January in New Orleans, Reynolds and Reynolds has decided to announce a lineup of new products it will be launching at the event — including the latest version of its …
There’s something happening at Direct Nissan in Mississauga now that Greg Carrasco has joined the dealership as managing partner. Carrasco, known for his catchphrase “there’s something happening here” in his radio commercials that air on prominent Toronto, Ont., stations, has …
