Canadian auto dealer Senior Editor Todd Phillips interviews Jason Stein, journalist and host of the Cars & Culture podcast on SiriusXM, about his participation in the 2024 CADA Summit. Stein will be returning this year to do Quick Take interviews with OEM leaders, and to moderate a more in‑depth OEM panel that will explore key issues the industry is facing. The CADA Summit is Feb. 14, 2024. TD Auto Finance is the event’s exclusive sponsor. (Note, the reference to the percentage of women in the workforce in the video was for the auto industry not the general workforce.)
CADA releases 2023 Economic Impact Report, showing merit of Canada’s dealers
The Canadian Automobile Dealers Association (CADA) published its 2023 Economic Impact Report this week, which found that auto retailers sold 1,488,645 new vehicles and generated more than $28 billion of Canada’s GDP. The study was developed in collaboration with MNP …
CBB used vehicle retention index up 0.1% in March
Canadian Black Book’s Used Vehicle Retention Index now sits at 158.0 points for March 2023 — up slightly, when compared to last month’s 157.9 points. “The Canadian wholesale market continues to show overall stability as the economy continues to show strength …
Used car and truck market declines slightly more than average
The Canadian used wholesale auto market was down -0.44%, according to Canadian Black Book. The 2017-2019 average was -0.28%. The Canadian wholesale market for used cars declined slightly less than last week, down -0.28%, and trucks were down more from …
B.C.’s Vicinity Motor Corp opens large campus in U.S. to build EVs
As the world shifts ever more towards electrified transportation, Vicinity Motor Corp., a British Columbia-based supplier of electric vehicles for public and commercial use, officially opened a 100,000-square-foot campus in Ferndale, Washington on September 12. In a news release, the …
Two people attempt fraud at Belleville dealership
Fraud remains a concerning issue in Canada’s automotive sector, with the latest attempt focused on a dealership in Belleville, Ont. According to daily police briefs for the City of Belleville, an investigation began on Sept. 28 regarding the fraudulent attempt …
Car Media launches new 360° vehicle merchandising solution at NADA Show
AutoVerify’s Car Media launched a new 360° vehicle merchandising solution this week. Car Media 360 is the latest version of Car Media’s popular vehicle image capture software, which now includes a new 360 media player. This new tool will be …