The last time the Canadian automotive market saw a sales increase as large as was observed last year was in 1997, according to DesRosiers Automotive Consultants. In its Canadian December sales update, DAC said final sales for 2023 from reporting …
Vietnamese electric vehicle manufacturer VinFast has officially signed agreements with five dealers in four states across the United States, the company recently announced in a news release. “This is an important step affirming VinFast’s commitment to expanding its retail sales …
The 2024 event season is about to launch, with automotive and technology shows and conferences already scheduled for the beginning of the year. Among the many options is the Consumer Electronics Show (CES) event in the United States that will …
Although news of new vehicle sales units are in for December 2023, it is also worth keeping an eye on the Canadian used wholesale market — which saw a decline in prices of -0.54% for the week ending on Dec. …
Cox Automotive released its December sales forecast for the United States and anticipates that the automotive industry will end 2023 with an increase of more than 11% year-over-year. It also foresees General Motors retaining its top spot, and Hyundai Motor …
DSMA: Valuations, Mergers & Acquisitions announced a partnership with non-profit humanitarian aid organization Hope of Life International, which aims to create positive changes in Guatemala. As part of the partnership, DSMA’s executive team traveled to Guatemala to try and make a …
As the year comes to a close the Motor Vehicle Retailers of Ontario (MVRO) is celebrating the successes of 2023, which saw some big advocacy wins for Ontario’s new car and truck retailers — particularly in the area of skilled …
Hyundai Canada, Hyundai Capital Canada, CDK Global, and PBS Systems joined forces to raise $15,283 during the annual Hockey Helps the Homeless (HHTH) tournament to support people experiencing homelessness in York Region, Ont. In a news release, Hyundai Canada said …
The automotive forecast in the United States for the month of December, in terms of total new vehicle sales that include both retail and non-retail transactions, is expected to reach 1,396,700 units, according to a joint forecast from J.D. Power …
U.S.-based e-mobility solutions company eBliss Global has hired auto industry veteran Dave Boyle to help bring the company’s Always Brand e-bikes to dealerships. In a previous Canadian auto dealer news we discussed that eBliss Global had partnered with Pretra Automotive Products, …
Kelley Blue Book has revealed its list of 10 Best Used All-Wheel-Drive Vehicles Under $20,000 for 2023. The 2018 Subaru Outback tops the list, thanks in part to its standard AWD and interior space, but also due to a more refined …
Ontario’s AWIN Group of Dealerships announced that they have collected 7,497 pounds of food donation and $10,000 to support the Daily Bread Food Bank in hopes of supporting people in need during the holiday season. “At AWIN, we believe in …
