Dealers

DealersWhat are the Car Purchase Intentions of Canadians in 2022?
Le marché des véhicules neufs et d’occasion est complètement chamboulé depuis le début de la pandémie et avec les différentes pénuries qui affectent l’industrie automobile. Les consommateurs font face à de toutes nouvelles réalités et doivent réfléchir autrement, entre autres en ce qui concerne leurs intentions d’achat. Un sondage publié …
DealersWill Shared Dealerships With Nissan Save Infiniti?
Infiniti is freefalling since a peak of 12,581 vehicles sold in Canada three years ago. Last year, due to the pandemic, sales took a major plunge to 5,783 units. A rebound of 41.5 percent during the first half of 2021 is positive news, but Infiniti’s share of the luxury car …
DealersSuper Luxury Grand Touring Dealership Lands in Calgary
The Prairies now have a new ultra-luxury car hotspot. Toronto-based Grand Touring Automobiles has just acquired Calgary locations to cater to luxury car buyers within the province and beyond: Weissach Group’s Alberta operation which includes Automobili Pininfarina, Bugatti , Lamborghini , Lotus , Koenigsegg and RIMAC, as well as two …
DealersMitsubishi Canada Launches New e-Commerce Platform
Mitsubishi Canada is launching a new e-commerce platform catering to the growing number of consumers who now prefer online transactions. The company has essentially integrated the entire sales process from the research to pricing, right up until the test drive and final purchase. This also includes trade-in estimations, subject to …
NewsGrowing Number of Canadian Used Vehicles Sold to U.S. Dealers
The situation with the pandemic and the ongoing microchip shortage is creating intense pressure on the auto market, with dealers and consumers alike scrambling for vehicles on both sides of the Canada-U.S. border. In fact, if the current trend continues, J.D. Power estimates that 25 percent of pickups, up to …
DealersSurvey: 91 Percent of Dealers Worried About New Vehicle Supply
The consequences of the COVID-19 pandemic and global chip shortage on new vehicle production are being felt by the vast majority of dealers across the country. According to an April survey of 535 members of the Canadian Automobile Dealers Association (CADA), close to 91 percent are concerned about new vehicle …
DealersAverage Profits of Car Dealers Rose 48 Percent Despite Pandemic
Even though new vehicle sales dropped 20 percent across the country last year due to temporary showroom closures and other pandemic-related restrictions, the auto industry is not in such a bad spot. In fact, 2020 was a record year in a couple of metrics. While the Canadian Automobile Dealers Association …
NewsVolvo to Become Fully Electric by 2030, Sell EVs Online Exclusively
Volvo has announced plans to become a fully electric car company by 2030. By then, the Swedish automaker intends to only sell fully electric vehicles and phase out any model in its global portfolio with an internal combustion engine, including hybrids. However, the dealerships should remain operating in Canada. Its …
DealersCOVID-19: Can Online Sales Save Dealers?
Car dealerships are enclosed retail spaces where a lot of people meet, so in a time of pandemic the risk of spreading the virus is high. It’s easy to understand why their showrooms and offices closed when COVID-19 started to hit the country. Now that the peak is seemingly behind …
DealersPolestar Chooses Montreal for its First North American Store
Polestar , the former Volvo performance division now operating as a standalone brand specialized in electric vehicles, has just announced that its first “Polestar Space” in the Americas will be located in Montreal. This is the result of a partnership with Groupe Park Avenue, which already owns nearly 20 dealerships …
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