A tug of war is shaping up over who will own and benefit from real-world data generated by vehicles and our interaction with them, said Michael Hainsworth, futurist and keynote at the 2020 CADA Summit. Hainsworth said that drivers will …
Car dealers, and the teams who help them buy used vehicles at auctions, celebrated the 55th anniversary of Manheim Toronto in Milton this week at a ceremony held just moments before cars started running in the live auction lanes. Canadian …
Sym-Tech Dealer Services launched a 20% Performance Guarantee Ad campaign for new dealers this fall to help them boost F&I profits in their stores. “Our 20% Performance Guarantee Ad is our commitment to new dealers that by embracing Sym-Tech’s F&I …
Drew Collier has been named President and CEO at LGM Financial Services, moving up from President of Corporate Services — a position he held for seven years. He succeeds Adam Hill, the company’s founder and former CEO, who moved into …
SCI’s Jeremy Wyant steps in to discuss the millennial generation’s impact on the automotive business. Believe it or not, millennials are buying cars, a crazy thought based on most articles you read about this generation, which usually goes something like …
There aren’t many dealerships around today who don’t recognize the value of their customer base. But not all treat that customer base as an asset in the same way they their “hard” assets. Think of your customer base in the …
Small parties will play key role in uncertain election outcome. With the election called on Sept 11, all federal parties are getting their campaigns into full swing. Prime Minister Justin Trudeau dropped the writ for a 40-day campaign and launched …
Charging time is the final hurdle for electric vehicles. To many who predict future technology trends, it is already accepted as inevitable that electric vehicles (EVs) will obsolete those with internal combustion engines. The big question remaining is, “when?” There …
Dealer principals are tasked with navigating uncertain waters, and leaning on trusted advisors is a wise course of action. Over my career, in which I have dealt with car dealers and other entrepreneurs, I have noticed that many are lonely. …
Is there room in an evolving automotive marketplace for a traditional dealership? In the automotive marketplace, there is a great deal of focus on innovation and the latest breakthrough. In the midst of that ongoing discussion is a central question: …
Autonomous and connected vehicles will transform the industry. You really can’t go to any automotive conference or symposium of any consequence without a speaker — or many speakers — discussing the impact of automated and connected vehicles on the automotive …
The threat of a recession is looming, but dealers can prepare by considering alternative revenue opportunities. It seems like a bi-annual event: the press and financial analysts are predicting that a recession is on its way. Recently, we had another …
