At a recent conference, Jim Farley, the CEO of the Ford Motor Company, said that he believes his company should adopt a direct sales model, similar to Tesla’s. This is an idea that has been floated by many automakers before, …
The future for autonomous driving cars may not be limited to just roadways. TartanDrive is a massive data set with nearly 200,000 off-road interactions that may help future programmers understand physics so that vehicles can interpret terrain more intuitively. There’s …
The next generation of Volvo electric cars will get sharper infotainment interfaces from an unorthodox source. Volvo announced Wednesday that it will partner with Epic Games—the studio behind “Fortnite”—to use Epic’s Unreal Engine in upcoming cars. This will enable “unparalleled …
While most players in the automotive industry are tripping over themselves to bring electric and electrified cars to market as soon as possible, a large segment of consumers are skeptical of the forthcoming EV revolution. That’s given rise to a …
As dealership leaders we train and coach our sales consultants to ask a myriad of qualifying questions so that they gain a better understanding of a customer’s needs and wants in a newer vehicle. There are, however, two questions that …
Some of you might have seen a news story in our e-news announcing that Stephanie MacDonald was named the new editor of Canadian auto dealer. I was really touched when the head of one of Canada’s largest dealer groups reached …
Better to be safe than sorry when it comes to tax compliance. Here are some tips This article was written in April, 2022, and at this time of the year, everyone in the country is thinking about taxes—personal taxes, corporate …
How much Canadians use their vehicles is a strong predictor of revenue opportunities in both vehicle sales and fixed operations. Particularly fixed operations. Dealers know that all too well. At a time when inventories are basically non-existent, the need to …
The rise of electric vehicles and the trend of increasing popularity among consumers will have an impact on fixed ops—both the department and its profitability As governments push for greater adoption of electric vehicles and automakers prepare to launch more …
Is there any hope of EVs achieving price parity with ICE vehicles? Read any article or survey on why customers are reluctant to buy electric vehicles, and three primary reasons will almost certainly top the list: driving range, charging time …
Low supply and high profitability of certain brands lead to seller’s market with tough competition Canadian dealers looking to sell their business are sitting in the driver’s seat in terms of attracting buyers, though the brand and/or the land are …
After a long period of economic stability, uncertainty and volatility are here. Dealers have a lot to think about The older you get, the more cynical you become. Risk is best absorbed by the young and is supposed to be …
