Life is between the dash
Like many of our readers, I was saddened to learn of the passing of Sean O’Regan, 53, one of the kindest and most beloved car dealers I’ve had the pleasure to meet. I met Sean at a variety of events, …
News
Turn your dealership’s sales process upside down… literally
As vehicle inventories slowly return to a new normal over the course of this year, dealership competition will again intensify. The focus over the past two years of the pandemic has been the creation of e-lead/digital sales processes. Finance Pre-Approval …
The time value of money and the dealership
Use these simple formulas to help you assess which strategies will truly pay off. “The Time Value of Money” is a classic concept in financial management. It states that a sum of money is worth more today than the same …
Canada’s infrastructure deficit
More charging infrastructure is needed to meet EV sales targets, but Canada’s basic infrastructure needs an overhaul too. Given that a lot of my recent columns, which have focused on vehicle electrification and the challenges around reaching Canada’s (and Quebec’s …
Study highlights importance of online reviews
Digital Air Strike released its ninth Annual Automotive Customer Experience Trends study at the 2022 NADA Show in Las Vegas, Nevada, offering dealers, lenders, OEMs and providers information that they can use to improve the vehicle ownership experience. The company …
2022 NADA Show well received by industry
Traffic might have been down but suppliers were happy with the dealer engagement and leads generated. The 2022 NADA Show returned to its normal format this year with a physical event, following a year in which it had to go …
Diversity and inclusion fuels business growth
It’s not about headlines and catchphrases. It’s about business success Fostering a diverse and welcoming dealership environment not only ensures that the entire team feels seen and heard, but it can also offer many other benefits for the business that …
EV charging in Canada: where are we now?
There will soon be more charging locations than gas stations. Imagine that. While the past two years have been a rollercoaster ride for the automotive industry as a whole, there is one corner of the industry where things have been …
Wholesale used car market in decline for fourth consecutive week
The decline continued for the overall prices in the Canadian used wholesale market for the week ending on April 22—down 0.23% compared to the previous week’s -0.04%, according to Canadian Black Book. The 2017-2019 average for that week was -0.08%. The …
New electric vehicle infrastructure coming to Northern Quebec
Honourable Jonathan Wilkinson, Minister of Natural Resources, announced on April 27 an investment of more than $2.6 million to Montreal-based Tugliq Energy Co. to address barriers to electric vehicle (EV) infrastructure in Northern Quebec. “By investing in making EV chargers …
Hyundai Canada listed 19th on Canada’s Best Workplaces
The Great Place to Work Institute has announced it has once again recognized Hyundai Auto Canada Corp. in the top 50 of Canada’s Best Workplaces for 2022. The institute, which is an authority on “high-trust, high-performance workplace cultures,” named Hyundai …
Porsche Canada continues expansion of Destination Porsche
Porsche Canada continues to expand its Destination Porsche format, breaking ground this week at the Porsche Centre Ottawa, which will replace Mark Motors that has been the brand in the Ottawa/Gatineau region for almost 50 years. The facility, which is …
