Canadian light vehicle sales for March 2024 are in and appear to be both “hot” and “cold,” according to DesRosiers Automotive Consultants (DAC). They described the 9.2% market gain from last month as “anticlimactic,” as it followed February’s 24.4% gain …
Hyundai Capital America and Safe-Guard Products International have announced the renewal of their longstanding partnership, which spans a decade of strategic relationships. In a news release, Safe-Guard said both companies have worked to leverage technology to help enhance the automotive …
No OEM does a better job of “showing their dealers the money” than Toyota/Lexus, according to a recent Cox Automotive Commentary & Voices article. In referencing the United States market, Cox Automotive said Toyota has become the number one volume …
New vehicle inventory in the United States was up in February, but according to Cloud Theory’s monthly report, the real headliner is the sharp 28% month-over-month increase in vehicle movement seen in March. Cloud Theory is a real-time automotive data …
LeaseBusters will be leveraging taq Automotive Intelligence’s dx technology as part of a collaboration with the company that aims to provide a more modern and fully digital lease transfer process. The dx technology can take the end-to-end lease transfer process …
Automotive sales volumes in the United States for the month of March are expected to show gains over the previous years (2023 and 2022), according to Cox Automotive’s Auto Market Weekly Summary released on April 1. The forecast is for …
The electric vehicle market is expected to grow by around US $343 billion from 2024-2028, according to a recent update from Technavio. The company also estimates it to grow at a CAGR of 13.51% during this period. The Asia–Pacific (APAC) …
New vehicle supply is normalizing in a slowing economy with high rates, while pricing power has gone down and vehicle affordability is on the rise. That is according to a snapshot of the state of the automotive industry in the …
Returning from the long weekend, dealers may be interested to note that the Canadian used wholesale market saw a decline in prices of -0.17% for the week ending on March 30, according to Canadian Black Book. That is right in-line …
The best F&I managers have a unique set of skills: business focused yet super customer focused A day in the life of a business manager, much like the iconic Beatles song, is often like a pendulum swinging between different personalities. …
Navigating the promise and perils of lower electricity rates As we work towards a future with a universal adoption of Zero Emission Vehicles (ZEVs), recent studies paint a dichotomous picture of the impact on electricity rates. On one hand, a …
Chinese automakers are eyeing North America but trade agreements make it more complex to navigate The 2024 CADA Summit was an event filled with fascinating and insightful speakers that offered us, the viewers, new and original perspectives on the principal …
