The Canadian Automobile Dealers Association (CADA) has been pushing for fair tax treatment on the automobile deductions front and, in a win to dealers across the country, received some good news in December 2021 from the Department of Finance Canada. …
Charles Parent is now the new president of iA Auto Finance, the company announced in January. “This is very promising for our future,” said iA Auto Finance in a news release. They company describe Parent as a trained actuary with …
Iceberg Finance is now fully integrated with Dealertrack. The latest update from the company is big news for its customers, as dealers can now submit their finance applications entirely through the Dealertrack platform. “You no longer need to go through …
One dealership in Arizona is preparing for an electric future by installing charging stations (including one supercharger), purchasing stronger equipment (such as a lift that can handle 18,000 pounds), and is preparing to invest more. According to Whitney Yates-Woods of …
The U.K. Department for Transport found that EV public charge points in the country increased by 37% in 2021, with London well ahead of the game. According to Auto Express, the U.K. added 7,600 new devices. As of January 1, …
General Motors plans to build generators that use hydrogen-powered (Hydrotec) fuel cells that offer mobile sources of electricity and act as temporary EV chargers, according to Driving.ca. “Hydrotec power generators can quickly be deployed for disaster relief, or it can …
Sony Group may add new technology partners to its electric vehicle project, according to Autoblog, which adds that the goal would be to create a mobility business “to transform cars from transportation machines to entertainment spaces.” Sony’s Senior General Manager …
Britishvolt, a battery manufacturing start-up, recently secured funding of £1.7 billion (CA$2.90 billion) towards its goal of producing automotive battery cells in North East England as of 2024. “Britishvolt started constructing the factory in Blyth, Northumberland, in September last year …
Looking back at 2021, the impact of the pandemic on light vehicle sales in each province was unevenly spread, according to DesRosiers Automotive Consultants (DAC). “The semiconductor shortage ensured that provincial markets were not governed solely by local economic performance,” …
In a slight change from what may feel like the “new normal,” the Canadian used wholesale market saw prices slightly decline for the week ending on January 18. According to Canadian Black Book’s latest automotive market update, prices for the …
A change in regulations in British Columbia paved the way for multi-unit residential buildings and commercial charging networks in the province to earn carbon credits, helping them offset the cost of installing and operating electric vehicle charging equipment. According to …
Distribution Stox recently announced the acquisition of Les Distributions Claude Côté—a wholesaler that specializes in the distribution of tires for cars, light trucks, and commercial vehicles in Eastern Quebec. “This acquisition is part of our growth and consolidation strategy in …
