Understanding and using TikTok is the best social media platform for car salespeople and dealers to generate leads and convert them to sales, according to an industry digital marketing coach. Marc Lavoie, Founder and Content Director of Autobahn Academy, which …
Strong numbers in the luxury auto sector are driving The Kelley Blue Book new-vehicle average transaction price (ATP), which increased to $48,281 in October, slightly lower than the revised all-time high of $48,301 set in August. October 2022 prices rose …
TRADER Corporation just reached a blockbuster deal with Cox Automotive to acquire several Canadian subsidiaries, the companies reported late Wednesday. The deal pertains to Dealertrack Canada, VinSolutions, Dealer.Com. Xtime and Kelley Blue Book. TRADER noted in the release that most …
The transition to electric vehicles and the streamlining of digital technology in management and sales were the major topics addressed in the 2022 CADEX conference Thursday at the Marriott Harbourside in beautiful Halifax, N.S. The Nova Scotia auto dealer community …
Sales projections for the Canadian and global auto industry, supply shortages, vehicle residual value trends, electric vehicle growth projections, changing consumer journeys and the need for a more diverse and inclusive workforce were all key topics tackled at the first …
When dealers are charging over MSRP for new cars, consumers are increasingly unhappy with their buying experiences, according to the newest J.D. Power 2022 Sales Satisfaction Index (SSI) Study. The supply-chain issues which have led to low inventories and higher …
The Canadian used wholesale auto market was down -0.27%, according to Canadian Black Book. The 2017-2019 average was -0.29%. The Canadian wholesale market for used cars declined, down -0.25%, and trucks were also down more from last week at -0.29%. …
The shift to electric vehicles is responsible for many changes in the automotive industry, one of which is the arrival of the direct sales model, which forgoes dealerships entirely. Introduced by Tesla and picked up by a number of other …
Times are still tough in the auto industry, but some manufacturers are faring better than others. Lamborghini is in that group, though in this instance, faring better doesn’t really cover it. With nearly 8,000 sales already in the books for …
With details about the federal government’s zero-emission vehicle mandate expected in January, a highly detailed report card was released that ranked the policies and overall readiness of each province and territories for electric vehicles. And the results, released in September, …
The virtual reality system from Holoride will be available across several Audi models, the startup announced. The headset-based system can be had on the A4, A5, A6, A7, A8, Q5, Q7, Q8, and E-Tron, priced at 699 euros (approximately $698 …
We would have thought that by now there were enough six-figure all-electric sedans and SUVs on the market to satisfy those wishing to part with six figures stat, with Faraday Future still eyeing this fleeting demographic. But it appears there …
