Canadian Black Book recently released its Used Vehicle Retention Index for June 2021, and numbers are still on the rise. The June Index hit 125.1 points which is yet another all-time record, surpassing the previous record placed the month prior …
Distribution Stox Inc. has announced the launch of its ordering platform and the implementation of an Enterprise Resource Planning (ERP) system for its distribution centres in the Atlantic provinces. The company will implement the Microsoft Dynamics AX ERP system in …
Canadian Black Book has released its weekly automotive market update, reporting that Canadian used wholesale market prices stabilized this week with overall used wholesale values declining –0.09% from the week prior, which makes for less than half of the weekly …
According to Kelley Blue Book, average new-vehicle prices have hit an all-time high in the United States. In June, 2021 the ATP (average transaction price) for new vehicles was $42,258 or 99.9% of the average MSRP of $42,290. This marked …
NAPA Auto Parts’ Quebec has announced the appointment of Benoît Cloutier to the position of Business Development Specialist for Car Dealerships. Cloutier, who has a background in marketing joined the team in May and has over 25 years of experience …
The popularity of EVs has been building steam over the years, but some experts predict that 2021 is the year that consumers will really see EVs take off as some of the largest brands in the world—from Amazon to United …
The federal government will invest $100,000 in Nova Scotia Power to install 20 electric vehicle (EV) chargers at Nova Scotia Power’s facilities across the province. The announcement was made by Bernadette Jordan, Member of Parliament for South Shore–St. Margarets on …
For Canadian dealers who are interested in keeping tabs on businesses that are innovating within the sphere of electric vehicles, it is worth paying attention to Current Dealers, a new company located in the United States that is supplying and …
Ford Motor Company issued three safety recalls, while details about the potential issue in each of the affected vehicles have also been released. The 2020-2021 Ford F-350 Super Duty vehicles, 2013-2017 Ford Explorer vehicles, and 2020-2021 Lincoln Aviator vehicles (with …
For the first time in its history, the Chicago Auto Show, which usually operates in February, opened its doors as a summer event. The show, which started in 1901, is the longest running auto show in North America. This year …
For dealers in Canada struggling with the ups and downs of the automotive remarketing and retail industry, one trainer has some advice to offer: put a structure in place to manage the situation. Gino Côté, President of Evolution Automobile, is …
Technavio, a leading global technology research and advisory company, has released its report of the used car market in the United States. According to Technavio, there will be an incremental growth of 3.91 million units in the U.S. between 2021-2025. …
