Canadian auto dealer Senior Editor Todd Phillips interviews Jason Stein, journalist and host of the Cars & Culture podcast on SiriusXM, about his participation in the 2024 CADA Summit. Stein will be returning this year to do Quick Take interviews with OEM leaders, and to moderate a more in‑depth OEM panel that will explore key issues the industry is facing. The CADA Summit is Feb. 14, 2024. TD Auto Finance is the event’s exclusive sponsor. (Note, the reference to the percentage of women in the workforce in the video was for the auto industry not the general workforce.)
OPENLANE Canada integrates ADESA Canada, TradeRev into unified marketplace
OPENLANE Canada, an operator of digital marketplaces for used vehicles, will be integrating ADESA Canada and TradeRev into its new consolidated OPENLANE Canada marketplace. The company made the announcement on June 20, in which they describe the new platform as …
Auto sector prices rise, Bank of Canada cuts rate
In looking at consumer price index data from key parts of the automotive industry, DesRosiers Automotive Consultants found that April 2024 painted a picture of increases — for the most part. “Leading the gains was insurance premiums, the CPI for …
Kia to transition to sustainable mobility solutions provider
Kia recently presented its roadmap to lead the global electrification era at its CEO Investor Day in Seoul, Korea, which it plans to do in part by expanding its electric vehicle lineup and enhancing its hybrid EV lineup. In a …
Dealers hail CADA Summit conference as “best ever”
Just when your head was reeling with the information from one speaker, another bounced on stage and delivered more insights and information. The well choreographed CADA Summit 2024 went off without a hitch on Wednesday, and the dealers Canadian auto …
Consumer spending paving the way for Q1 sales record
Increased consumer spending on new vehicles in the U.S. is helping to pave the way for a first-quarter record, with total sales expected to reach 3,526,700 units — a 7.3 per cent increase from Q1 2022, when adjusted for selling …
VinFast signs agreements with 5 dealers across the U.S.
Vietnamese electric vehicle manufacturer VinFast has officially signed agreements with five dealers in four states across the United States, the company recently announced in a news release. “This is an important step affirming VinFast’s commitment to expanding its retail sales …