Canadian Automobile Dealers Association (CADA) has announced the finalists for this year’s prestigious CADA Laureate dealer recognition program. These 15 national finalists have been selected in three categories, including ambassadorship, business innovation and retail operations. To find out who this …
Canada’s auto auctions will officially implement a national uniform system of standards to ensure consistency and accuracy in the certification of wholesale used vehicles. Effective June 1, 2016, Canada’s auctions will be adopting the National Certification Standard (NCS) launched by …
OpenRoad Volkswagen in Burnaby, B.C. is officially open for business. The 45,000 sq.ft. store is the latest addition to OpenRoad Auto Group, which operates 17 full-service car dealerships in British Columbia. The dealership features a high-tech showroom which includes a …
ADESA has announced the launch of ADESA Windsor, the company’s 14th full-service Canadian auction location. Formerly ADESA Kitchener’s satellite location in Tilbury, the new ADESA Windsor facility will serve southwestern Ontario and U.S. dealers, brokers, manufacturers and other customers. Anil …
According to a new poll by Swapalease, many U.S. dealers are seeing opportunity for lease deals on used cars and trucks. Around three-quarters of the 250 automotive executives and dealerships surveyed across the U.S. believe used lease offers could help …
Open automotive loans have now topped $1-trillion in the U.S. for the first time on record, announced Experian Automotive in a recent report. The global information services company said the total balance of open automotive loans climbed 11.1 per cent …
Business Valuation Resources (BVR) has released a report to help dealers prepare their businesses for sale. The new report provides key valuation techniques for appraisers, along with real-world data with market trends and insights on building value in dealerships. “Changing …
Autobytel, a U.S. automotive marketing services company, has come out with five handy best practices to help dealers drive high quality car buyers to their websites. “While search engines and social media channels are good sources of automotive website traffic, …
U.S. car shopping site Edmunds.com is encouraging used car buyers to consider compact and subcompact cars in the midst of an SUV craze. According to the company’s most recent used vehicle market report, prices of used compact cars are down, …
CADA Chairman Harry Mertin has announced a new scholarship for students enrolled in the four year degree program at the Automotive Business School of Canada (ABSC) at Georgian College. The scholarship is named in honour of Rick Gauthier, who served …
Automotive journalists will once again put a variety of eco-friendly vehicles to the test in the fifth installment of EcoRun, an annual event held by Automobile Journalists Association of Canada (AJAC). The event is meant to educate shoppers about alternative …
Kelley Blue Book editors in the U.S. have come out with a list of their best lease, financing and cash back deals to help boost vehicle sales in May. Editors said the 2015 and 2016 vehicles they chose range from …
