Canadian auto dealer Senior Editor Todd Phillips interviews Michael Dunne, one of the top global EV experts, about his upcoming keynote at the CADA Summit. Dunne, CEO of Dunne insights and author and host of the popular Driving with Dunne podcast, talks about the coming wave of Chinese EVs to North America, the race to catch up, and the business opportunities for Canadian dealers. The CADA Summit is being held on Feb. 14, 2024, at the Metro Toronto Convention Centre in Ontario and is sponsored exclusively by TD Auto Finance.
CBB sees used vehicle prices decline
The Canadian used wholesale market saw prices dip even lower for the week ending on July 15, now at -0.38%. For the prior week, prices dipped -0.32% and the 2017-2019 average for the current period is -0.21%, according to Canadian …
KAR Auction Services adds arbitration and Assurance features to ADESA and TradeRev
KAR Auction Services, Inc., a well-known operator of digital marketplaces for wholesale used vehicles, announces new features that are aimed at improving the buying experience on its ADESA Canada and TradeRev marketplaces. The changes include a new process to streamline …
U.S. used inventories decline and new supply increases: Cox Automotive
U.S. Sales and inventory rates are up modestly from last year, says a new report from Cox Automotive. However prices for new vehicles remain high, despite the new supply available. Sales are expected to increase nearly four per cent from …
EV online shoppers more critical of OEM websites than ICE shoppers: JD Power study
Consumers shopping for electric vehicles and battery electric vehicles have pretty high standards when it comes to OEM websites, and they consistently rate their user experience lower than their counterparts who are shopping for conventional ICE vehicles, according to a …
Average new light vehicle transaction price reaches new height — a first for Canadian market
The average transaction price for a new light vehicle in Canada surpassed the $50,000 mark for the first time ever, according to DesRosiers Automotive Consultants. This is a first for the Canadian market. DAC said the light truck average for …
Genesis London first auto retailer to receive In Partnership with Forbes Travel Guide recognition
Hass Hijazi, General Managing Partner with Genesis London, is used to being first. At a special ceremony Thursday in London, Ont., Hijazi became the leader of the first automotive retailer in the world to be formally honoured as meeting the …