The Canadian used wholesale market experienced a decline in prices of -0.55% for the week ending on March 2. This means the decline was more than the prior week’s -0.39%, and also more than the 2017-2019 average of the same …
TTTech Auto and BlackBerry Limited recently announced that they are expanding their current partnership to address the growing challenges around software defined vehicles (SDVs) — vehicles that manage their own operations, add functionality, and allow new features mainly or fully …
Recent data from DesRosiers Automotive Consultants (DAC) shows that February was a robustly strong month that saw new light vehicle sales reach an estimated 129,000 units, based on reporting OEMs. Keeping in mind that February has 29 days this year, …
The auto theft crisis continues to spiral out of control and auto industry groups did their bit to try to educate a committee of MPs and policy makers in Ottawa about the scope and the scale of the problem. The …
Loans represented 53% of total transactions for new vehicles over the past 12 months, while cash was 26% and 21% were leases, according to J.D. Power’s Canada Automotive Market Metrics for February 2024. The report, recently released, shows that loans …
Go Auto recently acquired Kia West in Coquitlam, British Columbia, raising its count of dealerships in the Lower Mainland to 13 as the company continues to grow its network. “We are excited to leverage the achievements of Kia West and …
For dealers still on the fence about the electric vehicle shift, or just how wide the ripple effect may be, it is worth considering that Dodge has invested in and now has a fully electric muscle car — and has …
Observations on the global changes that will impact Canada: Part 2 of 2 In Part 1 of our special report on the Global IAA Mobility conference held in Germany, we took a look at the major players and their ambitious global growth …
NCDA cautiously optimistic about 2024 but ZEV mandates remain long-term concern 2023 was a year in which the new vehicle sector faced a number of successes and challenges, and while we are cautiously optimistic about 2024, it doesn’t take a crystal ball …
High interest rates and rising consumer debt levels are impacting the outlook for dealership success. Let me start by saying that generally we are still a year away from possibly experiencing significant upward shifts in our retail automotive businesses in …
The right mix of technology, training and process can drive improved F&I performance. Dealerships juggle many demands from their customers, manufacturers, and regulators. To succeed, they need the right processes and people working for their business to manage these priorities …
Are your recruiting efforts damaging your organization’s reputation? We don’t usually run columns or stories that aren’t signed by the author — for a host of good reasons. In this case though, we know this person well, they had some …
