Trevor Tamke, CPA, CA, Partner, Taxation Services, MNP, talks about the federal government’s rental subsidy program and explores some of the opportunities of the program for dealers. More information about the program can be found here.
Number of dealership rooftops in the U.S. remains stable despite new competition: Urban Science report
The economic research institution, Urban Science, today revealed the results of its annual 2022 year-end Automotive Franchise Activity Report (FAR), which shows “continued stability for the U.S. automotive retail network, despite the challenges the industry faced regarding ongoing inventory shortages …
Customer experience focus for Keyloop event in Toronto
Keyloop, a 40-year-old U.K.-based global supplier of digital solutions for the automotive retail industry formally introduced its new name to Canadian OEMs, dealers, and media at a Shift to Experience-First conference at Hotel X in Toronto, Ont., on May 2. …
Small trucks safer than cars and SUVs: IIHS report
According to recent results published by Insurance Institute for Highway Safety (IIHS) small trucks are much safer now than they used to be, in part because “small trucks” are not actually so small any more. New test data from the …
Lana Payne is Unifor’s first woman President
Lana Payne’s victory as the first woman president in Unifor history is considered significant. At the same time, she and several other women executives within the automotive industry recognize that females lag behind males in leadership roles in this sector, …
Used vehicle prices decline, despite tightening inventory
The Canadian used wholesale auto market was down -0.29%, according to Canadian Black Book. The 2017-2019 average was -0.23%. The Canadian wholesale market for used cars declined, down -0.33%, and trucks were also down more from last week at -0.25%. …
Mobile app features most important to EV owners gets lowest satisfaction
Mobile app features that are most important to owners of electric vehicles have the lowest satisfaction rate, according to J.D. Power. Based on its 2023 U.S. OEM EV App Report, which was released on May 30, the use of mobile …