Forming new habits isn’t easy but it’s essential As the French philosopher Voltaire once contemplated: “Common sense is not so common.” This is why we gather for conferences, sit amongst our peers and listen to experts present insights that should …
Top-notch speakers will challenge and inspire dealers For the better part of a year, a small team has been meeting regularly around the boardroom table in the offices of the Canadian Automobile Dealers Association (CADA) offices to plan a kick-ass …
Building on the momentum from September, Canadian light vehicle sales were up 7.8 per cent last month, resulting in the best numbers for October on record. A total of 135,476 vehicles were registered last month which surpasses the previous October …
Honda Motor Co.’s president Takanobu Ito has said he expects the automaker’s redesigned Fit subcompact to be the key driver in North American sales over the next several years. Ito predicts that the new Fit, scheduled to be revealed next …
Challenging, colourful and fast moving are just some of the words often used to describe the auto industry. And given how busy many of us can get, it isn’t often we get time to reflect just how significant an impact …
Hyundai Auto Canada Corp. and Kia Canada Inc. recently announced that they are correcting the fuel consumption ratings for approximately 172,000 vehicles sold between 2010 and 2012. Procedural errors at the automakers’ joint testing operations in Korea led to incorrect …
Yesterday, General Motors announced that it had clinched a new $11 billion U.S. credit line deal it had been actively seeking following the automaker’s government assisted restructuring. The new credit agreement, which is designed to finance a number of the …
Last month, Ford Motor Company of Canada Limited said it sold 20,565 vehicles which not only enabled it to retain the top sales spot but also represented a seven per cent increase year-to-date. Passenger cars rose by 17 per cent, …
In the wake of the destruction wrought by Hurricane Sandy on the U.S. Northeast, Automotive News reported that both car manufacturers and the National Automobile Dealers’ Association are gearing up to support relief efforts. Both Toyota and Mercedes-Benz have pledged …
Following Hurricane Sandy’s path of destruction along the U.S. Eastern Seaboard, dealers have begun inspecting the damage wrought by the powerful storm. In New Jersey, one of the hardest hit states, DCH group reported that nine of its 15 East …
According to Reuters, dealer management software provider Reynolds and Reynolds is in talks for a possible leveraged buyout, according to sources close to the discussion. The privately held company has hired investment bank Qatalyst Partners to oversee a possible sale, …
Although Chrysler and General Motors have become a hot political topic in the run up to this year’s U.S. presidential election, specifically the bailout funds received in 2008-09, until now, their CEOs have chosen to remain outside the political debate. …
