This week’s reported decline in Canadian used wholesale market prices dipped to -0.44% for the period ending on May 4, according to Canadian Black Book’s latest Market Insights report. As a reminder, the prior week’s decrease was -0.27%, while the …
U.S. News & World Report recently recognized a trio of Hyundai vehicles for its 2024 Best Cars Hybrid and Electric Car Awards. The company evaluated 96 hybrid, plug-in hybrid, and battery-electric models before naming award-winners in 10 vehicle categories. In …
A new study from J.D. Power reveals the importance of relationships, in that automotive lenders seeking to capture a bigger piece of the market must focus on building and cultivating relationships with dealers. The company’s 2024 Canada Dealer Financing Satisfaction …
The Canadian Premier League (CPL) and founding partner Volkswagen Canada have teamed up to launch a program meant to honour five Canadians who are positively impacting their communities through their love of soccer. The program originally launched in 2022 and …
Now that Honda Canada has committed $15 billion in the future towards building electric vehicles in Ontario, the president/CEO of the company in Canada is hoping all of its dealers embrace it. “Our (message to our dealers) is, I think, …
Dealers in Canada may remember that April 2023 was the weakest month of that year from an automotive sales standpoint, suffering a lacklustre SAAR of 1.48 million units. This year the story is different. New light vehicle sales have increased …
The state of April new vehicle sales in the United States has accelerated as available inventory and higher incentives keep the market going, although it remains below Cox Automotive’s forecast — even with strong sales performance by Toyota and Lexus. …
Auto retail may be seeing improvements in the sector, but so too is aftermarket service — which has seen overall satisfaction increased in the United States after experiencing year-over-year slumps last year, according to J.D. Power. The company’s 2024 U.S. …
Autotrader has revealed the names of its top choices for Best Car Interiors Under $50,000 for 2024 model-year vehicles. The company’s top choices highlight to consumers that “inexpensive” vehicles can offer many of the same interior features and functions as …
Facing pressure from all sides, the federal government has woken up to the auto theft crisis Over the last few months, there are very few topics that have garnered as much media attention as the vehicle theft crisis occurring in …
Seems like you can’t get your dealership out of second gear? Maybe it’s time to rethink your approach. Is your dealership experiencing momentum? Momentum is a term generally used to describe forward physical movement. its effects, however, can apply to …
Manufacturers who skip auto shows do a disservice to their dealers — and their customers Did you miss the auto show? Not you personally, but did your automotive brand? The attendance numbers for the 2024 Canadian International AutoShow were announced last …
