Ontario’s Financial Services Regulator (FSRA) is proposing a new rule on auto insurance fraud reporting that they believe will help reduce additional costs associated with this type of fraud, as well as consumer harm. They are now seeking feedback on …
New research shows that electric vehicle ownership has declined 5% in the United States, equivalent to six million internet households, according to a Parks Associates’ consumer study. The firm’s latest research, EV Charging at Home: User Demand and Preferences, included …
This week, dealers will notice little change in the Canadian used wholesale market where prices are concerned, but they will see adjustments in the declines experienced by the car and truck/SUV segments. The overall market was down -0.41% for the …
The current President of Nissan Canada (NCI), Steve Milette, is shifting his focus after being named Division Vice President of Dealer Network Development and Customer Resources and Training at Nissan U.S. and Canada. The announcement is part of a …
Ontario dealers will have more time to provide aftermarket warranty documents and payments to warranty sellers following amendments to the Motor Vehicle Dealers Act (MVDA) by the Ministry of Public and Business Service Delivery and Procurement. The change from seven …
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 …
