The new-car production logjam is impacting Canada’s used-car market, too. Canadian Black Book said in an analysis Tuesday that wholesale vehicle prices last week hit record weekly gains for both car and truck segments. The overall market was up 0.58% ... [Read More]

Dilawri Group of Companies, a Canadian automotive group, has launched what it is describing as a complete omni-channel purchasing experience in which customers can connect with the dealer through live video, chat, SMS text, email, phone and at the store. Dilawri ... [Read More]

Ian MacDonald said TRADER Corp. is dedicated to reinforcing consumer trust and confidence through fair and accurate pricing. “So it gives us great pleasure to award partners who share this vision,” said MacDonald, who is chief marketing officer for TRADER, in ... [Read More]

If one message can be taken from the Canadian Black Book 2021 Best Retained Value Awards, with winners announced Wednesday, it is that used vehicles today are holding far more value than ever before. That is the case even as ... [Read More]

OpenRoad Auto Group announced a new executive vice president and chief financial officer earlier this month, appointing former PricewaterhouseCoopers partner Tahir Ayub to the role.    Ayub was a partner at PwC for more than two decades and held several ... [Read More]

Five critical performance metrics Axis Auto Finance recorded during the second quarter of its 2021 fiscal year moved in positive directions. The finance company that specializes in the subprime space announced record results for the quarter that ended on Dec. ... [Read More]

After Canada made improvements on the job front during the closing two months of last year, the employment picture turned murky again to begin 2021 triggered by a second wave of lockdowns because of the pandemic. However, experts are expecting ... [Read More]

Canadian F&I products provider LGM notes its track record of having a social conscience. The company created an Auto Dealers Against Distracted Driving campaign and recently helped create Canada’s first hydrogen fueling station. This month, LGM continued that track record by ... [Read More]

Fueled by a $10 million Series A funding round, online sales platform Digital Motors has expanded into Canada. The company, which is based in Southern California, provides dealers and automakers a platform that facilitates a purchase process where the customer ... [Read More]

Canadians are driving less. As a result, they are buying less. The result of less driving, says Canadian Black Book, is a reduced sense of urgency when it comes to buying a new vehicle. That is according to a CBB study ... [Read More]