How key suppliers are adapting to tackle the remarketing industry’s challenges. The disruption to the automotive remarketing industry since 2020 has been significant, to say the least, with the pandemic wreaking havoc on the flow of the many integrated aspects …
A letter from trade groups and unions was delivered to House and Senate leaders on Thursday which urged Congress to finance semiconductor manufacturing in the United States. Signed by the American Automotive Policy Council, National Association of Manufacturers, the United …
Shareholders in Volkswagen have approved a deal to settle claims against longtime CEO Martin Winterkorn and three other former executives associated with the company’s 2015 scandal. That year VW admitted to cheating U.S. diesel engine tests. The debacle has cost …
Accelerate Auto is a non-profit organization that aims to increase Black representation in Canada’s automotive industry. With the goal of tackling anti-Black and systemic racism, Accelerate Auto is committed to helping people find new opportunities within the industry. The non-profit …
Daimler has announced that from 2025, all of Mercedes-Benz’ “newly launched vehicle architectures will be electric-only.” As part of the announcement, the company said it would increase its spend on research and development with total investments into battery electric vehicles …
Consultants Frost & Sullivan released a report examining gallium nitride (GaN) as the next technology of choice in the automotive industry. A by-product of smelting, GaN has a low extraction and refinement carbon footprint, high-efficiency and high-voltage capabilities, and is …
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 …
