Canadian auto dealer editor Todd Phillips interviews Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. Kerrigan offers a sneak preview of what she will discuss during her CADA Summit 2022 appearance on Feb. 16, 2022, and shares insights about the current mood among dealers based on her firm’s recent dealer survey findings.
EnerSavings builds EV chargers for dealerships, also retail chargers for EV buyers
EnerSavings, a leading energy-management company offering electric vehicle charging options for homeowners, multi-residential properties and businesses, has developed a program specifically aimed at dealerships. Known as EV Ready Set Go, the program is designed to educate dealers on installing charging …
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 …
Reuters announces 2023 Automotive D.R.I.V.E Honour Winners
Reuters Events unveiled the 2023 Automotive D.R.I.V.E Honour Winners, which aims to celebrate excellence in the automotive industry through recognition of innovation, commitment, impact, and leadership. D.R.I.V.E. considers five categories and includes 25 honours which span the globe: DEI Commitment, …
The data sharing dilemma
Connected cars are the way of the future, but who owns the data, and how can user privacy be protected? The relationship between dealers and manufacturers and data sharing is becoming increasingly complex as the technology shifts towards connected cars …
AutoTrader.ca and 3D product visualizer London Dynamics launch AutoTrader Pivot
AutoTrader.ca partnered with London Dynamics, a company focused on 3D product visualization and augmented reality, to launch AutoTrader Pivot: an immersive and interactive online car shopping experience. The automotive marketplace leveraged London Dynamics’ AR technology to generate interactive 3D visualizations …
Ottawa-based subprime lender OCM increases fund size to $100M
The OCM Auto Financing Group, an Ottawa-based subprime automotive lender, increased its fund size to $100 million, the company announced in April. That increase comes thanks to funds received from accredited investors through a series of debenture offerings, and from …