Tesla’s Elon Musk has suspended the use of Bitcoin towards the purchase of its vehicles. “We are concerned about [the] rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any …
A new study conducted by Roadster examines the many opportunities that are emerging as a result of dealerships implementing digital retailing, and how these implementation levels are impacting their return on investment. The company’s latest Dealer Impact study was released …
Consumer intentions to purchase a new or used vehicle in Canada remains strong — even during the third wave of the pandemic, according to a new study conducted by AutoTrader.ca. Its March 2021 report reveals consumer intentions to purchase a …
Canadian wholesale values continue to surge this week while the latest Canadian Black Book Used Vehicle Retention Index set a new record for April 2021, according to CBB’s weekly automotive report. That report covers the week ending on May 11, …
Can the majority of consumers afford to purchase and operate a vehicle in Canada? According to DesRosiers Automotive Consultants (DAC), acquiring a vehicle became slightly more expensive last year, even as operating one became cheaper thanks to lower gasoline prices …
The search for electrified and fuel-cell vehicles, including hybrids, plug-in hybrids and pure electric vehicles (EVs) is up — reaching 19 per cent among car shoppers considering purchasing a vehicle in the United States during the first quarter of the …
Oumar Dicko, Chief Economist at CADA, discusses the findings of the association’s latest survey, his thoughts on the luxury tax, and what CADA is doing to mitigate this issue.
GuardTree, a Canadian subscription-based direct-to-consumer warranty company for used cars, has officially launched in Ontario with the goal of enabling customers to quickly and conveniently buy and activate affordable warranty protection for their used cars, online. The company offers a …
Roadster is expanding its range of products to include conversational commerce with the launch of Express Store Live — a new managed chat service. Announced on May 10, 2021, the service instantly connects consumers with the company’s team of auto …
KAR Global division Adesa is adding new condition report capabilities for the American and Canadian market that includes high-definition vehicle undercarriage photos on its reports. The enhanced imagery aims to provide buyers with relevant, actionable data to support confident bidding …
For dealerships looking to increase their used vehicle inventory, they may want to share a message from Kelley Blue Book to consumers — and that is that now is the perfect time to sell or trade-in your car. The message …
The General Motors Oshawa Assembly plant in Ontario will begin production of the Chevrolet Silverado and GMC Sierra light-duty pickup trucks in late 2021, after a nearly two-year hiatus. “In a statement issued earlier this week, the company said the …
