The Canadian used wholesale market saw an increase of +0.03% in pricing for the week ending on April 12, pulling itself out from last week’s very minor negative zone. Car segment prices decreased by -0.01% from -0.04% a week earlier, …
The automotive radar market (think vehicle safety features) is anticipated to reach 500 million annual sales in 2041, according to IDTechEx’s latest 2024-2025 report on robotaxis and autonomous vehicles. While today’s market share is dominated by big tier-one companies like …
AutoVerify has teamed up with CARFAX Canada to help dealers provide more accurate vehicle valuations and create a better experience for consumers. The partnership means CARFAX Canada’s vehicle valuation capability/data, which is powered by a machine learning model, will be …
When you first arrive at the Lexus Studio in downtown Burnaby, B.C. you know you aren’t at a typical dealership. Media invited recently to a private tour before the official grand opening later this summer were greeted by a welcoming …
The headlines are loud, but the path for dealers is clear. Between new U.S. tariffs, political posturing, and media buzz, many Canadian dealers are tightening up, or freezing altogether. But let’s clarify what’s actually happening, because smart dealers who stay …
HGreg INFINITI Laval has been named the top INFINITI retailer in Canada for 2024 after the company sold nearly 450 units, the highest volume of sales in the country. “I am very proud of the work done by my team …
Hyundai Auto Canada has once again found itself among Canada’s Best Workplaces 2025 by Great Place to Work, in the 100-999 Employees category. This is the eighth consecutive year the OEM has earned a place on the list. Based on …
DSMA has named Cory Harsch as its new local M&A Associate in Western Canada and Darren Hoyles as its new M&A Associate in Atlantic Canada, the company announced. Harsch brings with him over 30 years of expertise in financial strategy, …
The Canadian Automobile Dealers Association (CADA) is hoping for a comprehensive and Canadian regulatory system to stop the ongoing issue of stolen vehicles exported into the country with a vehicle identification number (VIN) belonging to another vehicle or a fake …
A new analysis by market intelligence firm IDTechEx was released in the wake of the United States’ implementation of a broad range of tariffs. It found that, of the 1.3 million electric vehicles sold in 2024, 66% were assembled in …
Canada remains a net importer with many trading partners — including the United States — where we sent 95% of our automotive products and procured 57% from them, according to DesRosiers Automotive Consultants. Based on DAC’s latest update, Canada continued …
A new study released from AutoTrader.ca found that customer sentiment among potential vehicle buyers in Canada remains consistent, with one in two consumers considering now to be a good time to make a major purchase. The trend has held steady …
