Auto theft is declining in Canada, but the rate is still “unreasonably high,” according to Équité Association’s latest report. The 2024 Auto Theft Trend Report, released last week by the nonprofit organization supporting Canadian property and casualty insurers, showed auto ... [Read More]

Hyundai Auto Canada and its dealers have launched a major initiative to help kids with cancer. The automaker said it is in the final stages of registering Hyundai Hope on Wheels in Canada as a federal nonprofit entity. The organization ... [Read More]

When Jon MacPhee and his wife booked their flight to New Orleans for the 2025 NADA Show, they were looking forward to what they thought would be a warm getaway from the Canadian winter. The reality, of course, was just a bit different. A record-breaking blizzard covered New Orleans with eight inches of snow on Jan. 21 — two days before the auto retail industry’s largest annual event was to begin — paralyzing the unprepared city and shutting down its airport. For Canadian dealers and vendors determined to attend, that was the beginning of an odyssey filled with delays, cancellations, unexpected detours, last-minute changes and in many cases multiple modes of transportation. The trip to the Big Easy turned out to be anything but ... [Read More]

Toyota continued its domination of Canadian Black Book’s Best Residual Value Awards, remaining the only automaker to claim the Overall Brand Award for cars in the program’s four-year history. Toyota also won the brand award in the SUV/truck category for ... [Read More]

A Go Auto dealership has been selected for one of Ford’s highest awards. Team Ford in Edmonton, one of more than 60 dealerships operated by Go Auto, has been named a recipient of the automaker’s Edsel B. Ford II Salute ... [Read More]

After half a year of slowly creeping upward, the Canadian wholesale used-car market took a significant leap in January. Canadian Black Book’s Used Vehicle Retention Index was up 2.3 points for the month, rising to 138.0 from December’s 135.7. That’s ... [Read More]

There’s some disagreement about the forecast for Canada’s retail used market in 2025. But analysts agree on one thing: it’s hard to know exactly what retail used-car demand and pricing is going to look like this year. “Assuming there are ... [Read More]

Dealership software provider Reynolds and Reynolds is collaborating with Kimoby, to help Quebec dealers collect payments efficiently. The partnership gives Reynolds’ dealership customers in Quebec access to Kimoby Pay, an electronic payment processing system that can be used in store ... [Read More]

People whose business it is to know and monitor the Canadian wholesale automotive industry are keeping a watchful eye on wholesale prices and inventory and three potential curve balls that could impact both: — U.S. President Trump’s announcement that his administration will impose 25% tariffs on goods imported into the U.S. from Canada and Mexico (a move that has since been paused) — A change in Canada’s political landscape as a result of Prime Minister Justin Trudeau’s decision to resign — Interest rates and inflation Canada’s wholesale used-car industry is concerned about ... [Read More]

Having slowed to a crawl in January, the fall of Canadian wholesale used-vehicle values has reached a virtual standstill. According to Canadian Black Book’s weekly Market Insights report, the market was down a mere 0.05% for the week ending Feb. ... [Read More]