Now under new leadership, AutoCanada announced changes in its executive team as it “continues to strengthen its operational foundation and leadership bench.” All of the changes are effective immediately. The Edmonton-based dealership group has promoted Mikel Pestrak to interim president ... [Read More]

The run of sagging sales at Canadian auto auctions continues. In its Market Insights report for the week ending Nov. 8, Canadian Black Book reported the sale rate for monitored auto auctions averaged 23.5%, with a range from 21% to ... [Read More]

Auto Shield has added longtime industry executive Scott Ashby as its new senior vice president of operations. The F&I provider for Canadian dealerships said Ashby will oversee “operational excellence, dealer relations and the continued evolution of ASC’s client concierge and ... [Read More]

Carfluent is ready to say bonjour to French-speaking car shoppers. The provider of artificial intelligence-powered Spanish-translated dealership websites has added French to its répertoire, announcing the expansion of its website translation capabilities to include French. In a news release, Carfluent ... [Read More]

Last week, Fitch Ratings shared its outlook for what the Canadian economy might be like in 2026. While analysts didn’t use many positive adjectives in their forecast, they didn’t say a recession was coming. Fitch Ratings expects Canada’s consumer outlook ... [Read More]

Canada’s zero-emission vehicle rebate is gone. So now what? According to Canadian Black Book’s latest report, The Future of Electric Vehicles in Canada: Market Dynamics After the iZEV Rebate, the market for electric vehicles has taken a step back — ... [Read More]

At Canadian auto auctions, October ended with a thud. A sale at an auction was very much an exception last month, according to Canadian Black Book’s weekly Market Insights reports, as the average monitored auction sale rate plummeted below 30% ... [Read More]

OpenRoad Auto has turned on to a new road — one that leads to Ontario. The Richmond, B.C.-based dealership group announced it has acquired a majority share in NewRoads Automotive Group in what OpenRoad called a “strategic merger,” significantly expanding ... [Read More]

Three quarters through a year of uncertainty, the Canadian used-vehicle market has finally reached … well, OK, there’s still uncertainty. But according to the latest analysis from AutoTrader, the market is steadier than it’s been since the beginning of 2025. ... [Read More]

A week after Canadian auctions posted their lowest conversion rate of the year, sales improved — but not by much. Canadian Black Book’s weekly Market Insights report for the week ending Oct. 25 showed an average monitored auction sale rate ... [Read More]