U.S. new vehicles prices were up 1.7% or $56, year-over-year, in December 2019, while declining 0.2% or $80 from the previous month, according to valuation analysts at Kelley Blue Book. The estimated average transaction price for a light vehicle in …
Yolanda Biswah, Canadian Black Book’s Director of Sales and Customer Experience, has been promoted to Vice President of Sales after demonstrating “amazing leadership potential” over the past five years, according to the company. Biswah enters the role with 20 years …
Honda Canada launched a new awareness campaign on January 6 that informs consumers about the CO2 emissions ratings of each vehicle in its Canadian lineup. In a news release, the OEM said its “Driven to Reduce Emissions Since 1948” campaign …
Software solutions provider DealerSocket launched into the New Year by signing an agreement to acquire DMS provider Auto/Mate. DealerSocket is known for its CRM system, digital retail, websites, inventory management, and DMS software solutions. Acquiring Auto/Mate will allow the company …
The latest Kijiji Autos Driving Change report offers some interesting insights that not only shine a light on important areas dealers need to focus on — it also reveals some surprises. We already know that consumers are doing their homework …
Canadian total light vehicle sales for November 2019 settled around an estimated 143,666 units, according to Desrosiers Automotive Consultants (DAC). That’s two units short of what was achieved a year earlier. The sales numbers for November 2019 suggest relative stability …
Online car auction EBlock and custom dealership website designer EDealer have announced two changes to their Canadian team: CEO and Founder Ryan O’Connor is now the new Chief Innovation Officer, and COO and President Jason McClenahan has been promoted to …
Kelley Blue Book editors drove the Audi e-tron coast-to-coast across the U.S. in a continuous 3,025-mile trek that took more than 60 hours in an effort to showcase how reliable electric vehicles can be. KBB’s Ride team drove a 2019, …
Another automaker has joined CarGurus’ Certified Pre-Owned (CPO) Partner Program for the Canadian market, which allows the OEM to list CPO vehicles as manufacturer-certified on the platform. CarGurus is an online automotive review and shopping website. Its program, among other …
Canadian Black Book’s retained values index hit an all-time high in November, reaching 108.5 and setting a new recording for two to six year-old vehicles. The expectation now is that the index will flatten in 2020 and present slight declines …
As the decade comes to a close, a few things remain that dealers can check off their list to better prepare for the New Year and help them stand out from the crowd. According to Cox Automotive, the first thing …
Dealerships understand the importance of digital merchandising — but they struggle with how to differentiate their dealership online, according to a HomeNet Automotive analysis. The company’s analysis reveals that 83 per cent of dealers believe they can boost margins and …
