General Motors is aiming to deliver 400,000 electric vehicles in North America by the end of 2023, according to a recent comment from CEO Mary Barra. “To help meet this lofty goal, GM plans to release 20 EVs in the …
Car dealers in Prince Edward Island are optimistic that they will receive a supply of new vehicles this spring. “It’s still early for inventory predictions for the calendar year, but I would say things are more positive than they were …
Daimler is now officially just Mercedes-Benz, thanks to a corporate change that saw the OEM spin-off its truck division in February. The change is the latest in a string of structural reshuffles for the OEM. Tom Narayan, a European auto …
Tesla is recalling more than 817,143 vehicles in the United States due to a seat belt chime (reminder) programming issue. This includes 2021 and 2022 Model S sedans and Model X SUVs, 2017 through 2022 Model 3 sedans, and 2020 …
J.D. Power released the 2022 Canada ALG Residual Value Awards today, and Toyota Canada Inc. and GM Canada dominated other OEM brands, commanding attention for the most segment awards. Toyota and Lexus won top brand awards in the mass market …
Fleet Complete & Pitstop have developed an advanced AI-powered platform for commercial fleet predictive maintenance. The collaboration began in 2020 and was made possible through an “investment of $3.016 million, with $2.016 million from project partners, and $1million from OVIN’s …
A demand for pre-orders through local dealerships and an increasing desire to purchase vehicles online top Cars.com’s automotive trends for the year. The company’s internal data notes that the market has seen a double-digit increase in prices and a narrowing …
J.D. Power (Canada) released its January Automotive Market Metrics this week. The data shows that in January 2022, the number of days to turn used vehicles climbed almost ten days – moving from just below 70 days to almost 80 …
Canadian auto dealer editor Todd Phillips interviews Jason Stein, host of Cars & Culture with Jason Stein on SiriusXM. Stein, also President of motormindz, offers a sneak preview of what he will discuss during his CADA Summit 2022 appearance on …
Prices remained relatively flat for Canada’s used wholesale market this past week (+0.01%), although the average listing price for used vehicles continued to hit historic highs. According to Canadian Black Book (CBB), the 14-day moving average sits at approximately $33,500 …
Reynolds and Reynolds, a leading provider of automobile dealership software with operations in the United States, Canada, the United Kingdom, and Europe announced new changes amongst their executive team this week. With more than 35 years at Reynolds, Chris Walsh, …
Global automotive retail technology provider Keyloop announced yesterday that it has acquired SERTI, one of Canada’s leading Dealer Management Systems (DMS). The purchase is Keyloop’s sixth acquisition since its launch in March 2021 and will support the company as it …
