Oumar Dicko, Chief Economist at CADA, discusses the findings of the association’s latest survey, his thoughts on the luxury tax, and what CADA is doing to mitigate this issue.
Anti-theft class action suit goes ahead against Kia and Hyundai
After watching a TikTok challenge showing how to easily hot-wire a Kia or a Hyundai vehicle using just a screwdriver and a USB cord, thieves went on a theft spree, pushing up auto theft rates over 700 per cent. This …
KAR Global rebrands, set to take effect May 15
KAR Global is changing its name, having rebranded to OPENLANE in a move meant to reflect the company’s shift to a more asset-light, digital marketplace. “Our vision is to build the world’s greatest digital marketplace for used vehicles, and we …
Jim Pattison Auto Group plans mixed-use autoplex in Midtown Victoria
Pattison Auto Group has had a strong presence in Victoria for a long time, and in 2020 it bought the site of the Denny’s restaurant and parking lot across the street from Mayfair Mall, adding the final piece of the …
Canadians dealers get inside scoop about buying U.S. dealerships
A group of prominent Canadian car dealers gathered at the luxurious Langdon Hall in Cambridge, Ont. on Monday to gain some insights and tips about opportunities to acquire dealerships south of the border. The one-day session was an invite …
Driving the Future
The largest dealer conference and expo in North America: the NADA Show is taking place Feb. 1-4, 2024 in Las Vegas, Nevada. This year’s event kicks off Thursday Feb. 1 with a welcome reception from 7-10 p.m. at the Sphere, the super-popular …
Policaro Group’s new facility to embrace ‘Acura Facility Modernization Program’
The Policaro Group recently announced a new location for its Policaro Acura in Brampton, Ont., which it said was moments away from Highway 410. For this dealer group, Acura holds a very special place in the history of its business, …