Canadian Black Book’s annual Residual Value Awards, which were released earlier this spring, revealed some interesting movement in electric vehicle residual values. It shook out that EVs are expected to hold more value after four years than their internal combustion engine car counterparts. Specifically, the residual value average for EV winning cars is ... [Read More]

Since launching the Women & Automotive: Canadian Leadership Forum in 2016, Cherokee Media Group has honored and recognized a group of Canada’s auto industry leaders each year through its Women & Automotive: Profiles in Leadership program, which is sponsored by ... [Read More]

E Automotive Inc., which is the parent company of EBlock and EDealer, said Monday it is voluntarily delisting from the Toronto Stock Exchange. The move has been approved by E Inc.’s board of directors and shareholders and the Toronto Stock ... [Read More]

Kiwiz, a Montreal-based company that provides pre-purchase, third-party inspections on behalf of consumers, said this week it has expanded into additional Canadian markets. The mobile car inspection service launched in Quebec in January 2022 and is now available in Ontario, ... [Read More]

Reynolds and Reynolds has acquired Canadian software company DealerCorp Solutions, which focuses on developing cloud applications for the Canadian car business. This is the second purchase of the year for Reynolds, which in late January announced the acquisition of American ... [Read More]

There was modest softening in the Canadian wholesale vehicle market last week, with most of the price downturn happening among truck segments, according to the latest Market Insights report from Canadian Black Book. Five of the vehicle categories in CBB’s ... [Read More]

As part of a restructuring of its business operations, Canada Drives will no longer offer online car-buying, and will instead focus on its services that allow consumers to sell their vehicle online and obtain auto finance approval online. Canada Drives ... [Read More]

Holman has named a vice president of sales for its Canadian fleet and mobility division, hiring Eric Attias for the role. Attias’ most recent post was as head of underground mining operations for Toromont Cat, which is one of Catepillar’s ... [Read More]

February marked the third straight month of year-over-year declines in wholesale vehicle prices in Canada, according to analysis around the latest Used Vehicle Retention Index from Canadian Black Book. The index came in at 157.9 for the month, which was ... [Read More]

Cox Automotive is ending physical auction sales at its Manheim Edmonton location, the company told Auto Remarketing on Wednesday. The last public sale at the auction will be March 25 and the final commercial sale is March 30. The company ... [Read More]