Howard Thompson is the new vice president of sales distribution and OEM relationships for TD Auto Finance, taking over for Gino Cozza, who retired in January 2021. He brings more than 30 years of industry experience to the job, having …
We thought we’d be on the downside by now. Case loads dropping. Economies opening. Stress levels associated with the pandemic easing back. We thought that’s where we would be by mid-April, but it’s absolutely not where we are. Instead, for …
New and used vehicle sales in Canada will always fluctuate, and there’s not much dealers can do about it. Even the most agile dealership, with the best marketing outreach and customer retention strategies, will experience events that nip into the …
Technology and software are transforming the dealership service experience. The modern fixed ops department and its suppliers were already shifting pre-pandemic, and continue to do so around the themes of greater efficiency, automation, transparency, seamlessness, and improved customer experience. Hunter …
OpenRoad Auto Group has been named one of Canada’s Best Managed Companies for the ninth consecutive year, earning the dealer group a top spot within the Platinum Club designation. This year’s program award winners are among the best-in-class of Canadian-owned …
The federal government will invest $50,000 in the City of North Vancouver to install an electric vehicle (EV) fast charger with the goal of boosting the adoption of zero-emission vehicles (ZEVs), according to an announcement from the Minister of Natural …
It is encouraging that April 2021 sales units of 162,455 new vehicles in Canada were up by 254.4% from their year-ago nadir, as estimated by DesRosiers Automotive Consultants (DAC). But they are not back to normal yet. Sales of just …
Mobials’ AutoVerify division has included enhancements to its Digital Merchandising solution to help automotive retailers drive more profit to their finance and insurance (F&I) department through their dealership website. To do this, AutoVerify has included the ability to display vehicle …
Canadian car segments experienced record weekly wholesale increases this week, according to Canadian Black Book’s automotive market update ending the week of May 4, 2021. The overall market was up 0.48% this week compared to 0.40% last week, with the …
New and used vehicle loans lead the way in terms of the percent of total U.S. transactions per vehicle purchase type that occurred within the last 12 months, according to J.D. Power’s recent Automotive Market Metrics. Released on May 4, …
KAR Global has acquired Auction Frontier, the pioneer of cloud-based auction simulcast solution Velocicast. If that solution sounds familiar, it’s because Velocicast powers the Adesa Simulcast and Simulcast+ technologies everywhere, regardless of geography. The acquisition should help KAR Global accelerate …
Hyundai Canada plans to expand its partnership with the BGC Canada charity for children and youth by providing $1,000,000 over four years to support BGC Canada and the Youth of the Year program. The Youth of the Year Awards event …
