Looking ahead is not easy
We may have to be prepared for some short-term pain before long-term gains To say that the past few years have been the catalyst to a ”new normal” would be an understatement. So many different world events since 2018, and …
News
Talking about the current economy
Honesty and transparency about the economy will help with consumer anxieties Automobile dealerships have been some of the most affected by the current economic situation. After months of longing for more inventory, dealers are now caught in a scenario where …
Today’s dealership: A case study in the laws of modern economics
I hated studying economics in school. Too theoretical, I thought. I’ll never see this in the real world, I thought. Boy, was I wrong! Economics explains the balance between customers’ unlimited wants and their limited resources (usually cash) to acquire …
New Year, different results?
In uncertain times, it’s best to “hope for the best, plan for the worst” The last time Canada had vehicle sales results as low as they were last year was during the financial crisis in 2009. The question on everyone’s …
Emerging auto industry trends in 2023
Despite continuing challenges, there are encouraging indicators for the coming year As we move into the initial months of 2023, the auto sector continues to face significant supply chain issues which, in turn, have impacted inventory on many new car …
Proactive attitudes and strategies to combat slowing vehicle sales
How to actually increase your market share during a slowing vehicle sales environment Vehicle sales may slow down over the next two or three business quarters. This depends on your brand and geography. However, even during periods of sales decline, …
Cross-Canada snapshot
NEW BRUNSWICK Century Auto Group successfully expands into Saint John market Investing into Saint John, New Brunswick, has been an intelligent business move for Century Auto Group, a Nova Scotia-based family-owned dealership group. Century Auto has been in operation for …
Electric vehicles are different where the rubber hits the road
What BEV buyers need to know about EV-specific tires With sales of Battery Electric Vehicles (BEVs) rapidly increasing in Canada, it is important that customers, especially first-time BEV buyers, are well tutored in what to expect from their new vehicles …
Realizing the potential of urban dealership real estate
Being creative with your real estate can be a great business boost One interesting intersection in the environment that many dealerships are now operating in is that of rising property values, at the same time that supply chain issues have …
2022 in the rear view
A complex set of circumstances resulted in a year full of surprises, but what can we learn? The year 2002 will be remembered as one of the most complex in the history of the Canadian automotive industry, in particular for dealers …
Marie-Eve Côté returns to Canadian auto dealer, Affaires automobiles and Universus Media as magazine Marketing Coordinator
Is this name familiar to you? Perhaps you saw her at the last Auto Show? Yes, she’s back! After leaving the automotive world for a few years to invest in the restaurant business, Marie-Eve is back in the publishing and …
How close are autonomous cars?
While data seems to prove self-driving cars are safer, we’re still quite a ways away, says expert Chris Piche While it would certainly be wonderful to have your vehicle pick you up at your front door, then take you safely …
