Ryan Davidson, CEO of TRADE X and COO Luciano Butera discuss the company’s global B2B automotive trading platform, their plans to expand into Canada and the U.S., why the platform may prove useful to Canadian dealers, and how the company came to be.
New EV chargers coming to Windsor
The federal government announced a $100,000 investment in the Corporation of the City of Windsor in Ontario to install 20 Level 2 electric vehicle chargers at several facilities in the city. “Through these innovative investments, we will continue to fight …
High interest rates are depressing consumer demand: Kelley Blue Book
In the United States, new-vehicle sales in December are expected to reach 1.27 million units, an increase of nearly four per cent compared to December 2021, according to a forecast released last week by Cox Automotive. Sales volume in December …
DSMA partners with VMC to find dealers to retail electric delivery truck
B.C.-based Vicinity Motor Corp. (VMC), which manufactures a compact electric delivery truck, is partnering with Dealer Solutions Mergers and Acquisitions (DSMA) to find Canadian dealers interested in retailing the product. VMC is already retailing its 1200 Class 3 trucks in …
Alberta teen a finalist in Toyota’s global auto design competition
A creative idea to save a patient’s life while on the way to the hospital was the pathway for Joseph Lee from Airdrie, Alberta, to be named as a finalist in a global auto design competition put on by Toyota. …
GAC advises collaboration, not confrontation, to meet emissions goals
The Global Automakers of Canada advise collaboration, not confrontation, to meet vehicle emission reduction goals in Canada, according to a news release. The comment stems from an event that occurred on April 21, or rather, the comparison between two events. …
Vehicle sales up nationally, varies notably among provinces
New light vehicle sales at the provincial level varied notably, even as sales on a national level shows an impressive increase.That is according to DesRosiers Automotive Consultants (DAC) latest update, which found that Québec led the market with an estimated …