The impact of the novel coronavirus has not spared a single person or business in Canada, but while the current and post-crisis future looks grim, the economy will roar back to life when activity resumes. Today, we live in unprecedented …
Understanding everything from dealership agreements to employee assessment programs will help dealers manage their current and post-crisis situation. There has been a surge of information about what Canadian consumers and businesses can do during the novel coronavirus pandemic to help …
Never at a loss for words, Canada’s best known automotive analyst Dennis DesRosiers said he’s struggling to accurately predict the economic impact of the COVID-19 virus, and more specifically how it will affect employment in the sector and vehicle sales. …
Canadian auto dealer connected with several suppliers in the auto retail sector to better understand what these companies are doing to help dealers in Canada amid COVID-19. Suppliers in the automotive retail space were quick to react to the impact …
Canadian auto dealer reached out to several dealers across the country to better understand how they are adapting to the current situation amid the novel coronavirus pandemic. Never having been faced with anything like this, car dealers across the country …
When he took the helm of the Canadian Automobile Dealers Association, President & CEO Tim Reuss could never have foreseen how dramatic his early days would prove to be. Canadian auto dealer caught up with him in the midst of …
The Government of Canada increased the wage subsidy rate to 75 per cent and made the program more accessible. In April, the federal government announced additional measures for the Canada Emergency Wage Subsidy (CEWS) program and increased the subsidy from …
The news is now dominated by questions around reopening and restarting the economy. That’s good. The economy can’t sustain the level of lockdown we’ve endured through April. Your businesses can’t sustain it, nor can mine. Here’s the challenge, as we …
CADA just published a guide on “Safely Operating an Automobile Dealership During the COVID-19 Pandemic” for provincial dealer associations and its dealer members. CADA President & CEO Tim Reuss said the guide was published on the association’s members website and …
We have all just gone through, and continue to experience, the most difficult stretch in our industry’s history — and perhaps in history. No one could have fully imagined the entire world grinding to a halt, with commerce all but …
Jordan Chezy, Executive Vice President, A&R Solutions, talks about the physical and cyber security recommendations for dealerships during the pandemic, offered by sister company Dealer Security.
DesRosiers Automotive Consultants (DAC) released its provincial sales report for March, revealing a significant decline in sales and provincial impacts that were not evenly dispersed. It should come as no surprise that March felt a greater impact from COVID-19 than …
