Trevor Tamke, CPA, CA, Partner, Taxation Services, MNP, talks about the federal government’s rental subsidy program and explores some of the opportunities of the program for dealers. More information about the program can be found here.
2022 auto sales lowest in 13 years but December upturn offers hope
Not all the automakers have reported 2022 year-end sales yet, but we’re close enough to a final number to know that it will fall short of 1.5-million, probably somewhere very close to 1,488,600 units. DesRosiers Automotive Consultants (DAC) have estimated …
Toyota and Lexus drive off with the most J.D. Power Residual Value Awards
For the second year in a row, Toyota and Lexus are the top make-level performing brands in their respective segments, according to the J.D. Power 2023 Canada ALG Residual Value Awards, which were announced today. “Lexus continues its solid, consistent …
U.S. car dealerships to sell flying electric cars?
Will car dealers be selling flying electric vehicles one day? Well, at least one California-based car dealership reached an agreement with Alef Aeronautics to sell their $300,000 flying vehicles. The company says it has received 2,100 deposits from individuals and …
Comox Valley dealer raises funds for homeless people through Night on the Street event
The loss of his brother P.J. six years ago to a drug overdose, while he was living on the streets, gave Comox Valley Dodge Managing Partner/Dealer Principal Carson Grant the idea to do a charity event to honour him and …
New Georgian College Auto School grad encourages other women to enter the industry
As a new graduate of the four-year Georgian College Automotive Business School of Canada and co-valedictorian of her class, Alexandria Buonopane is looking forward to working full-time in the industry and encourages women to seek a career in it. Buonopane …
Keeping your dealership teams connected
Building culture and community is the key to keeping employees engaged. With employee turnover as high as 30 per cent in Canadian dealerships, it’s more important than ever to build and nurture your dealership’s culture. Is your dealership a …