Hyundai, Bell seek to raise bar for in-vehicle experiences
Canadian auto dealer
by Canadian auto dealer
16h ago
Hyundai and Bell Canada now have an extended, multi-year partnership meant to provide their Canadian customers with connected infotainment services that raise the bar for in-vehicle experiences. In a news release, Bell Canada said that through its IoT (Internet of Things) connectivity, Hyundai, Kia, and Genesis customers can benefit from both fast and reliable access... Read more » The post Hyundai, Bell seek to raise bar for in-vehicle experiences appeared first on Canadian Auto Dealer ..read more
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CADA releases newest Data Report
Canadian auto dealer
by Canadian auto dealer
16h ago
The Canadian Automobile Dealers Association announced the publication of the newest version of its annual Data Report this week, expanding the scope of data and insights through its partnerships with Statistics Canada, Canadian Black Book, J.D Power, Desrosiers Automotive Consultants, NCM associates, and MNP. “Better education of the public on the reality of auto dealerships... Read more » The post CADA releases newest Data Report appeared first on Canadian Auto Dealer ..read more
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Software breach had “clear impact” on June provincial sales
Canadian auto dealer
by Canadian auto dealer
16h ago
It appears the dealership software breach that occurred in the second half of June had a clear impact on sales, along with regional implications, that affected provincial figures for the month. According to DesRosiers Automotive Consultants, the overall June sales market was flat — but in British Columbia, estimated new light vehicle sales dropped 7.9%.... Read more » The post Software breach had “clear impact” on June provincial sales appeared first on Canadian Auto Dealer ..read more
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Inflation, interest rates continue to impact consumers, dealers
Canadian auto dealer
by Canadian auto dealer
16h ago
Pressure from inflation and interest rates continue to impact consumers and dealers through increasing vehicle and financing costs, along with higher fixed and compensation costs, respectively.  That is according to DSMA’s Automotive Intelligence report covering the last quarter of 2023. Looking ahead at 2024, it forecasted inventory rebounds and shifting consumer sales trends imposing a... Read more » The post Inflation, interest rates continue to impact consumers, dealers appeared first on Canadian Auto Dealer ..read more
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Nissan Canada among Top 25 Best Workplaces in Manufacturing
Canadian auto dealer
by Canadian auto dealer
16h ago
Nissan Canada was recently included on Great Place to Work’s list of Top 25 Best Workplaces in Manufacturing for the second consecutive year.  The list includes companies from various sectors, such as automotive, energy, food and beverage, pharmaceutical, and technology. Getting on the list involves ensuring the business in question has been Great Place to... Read more » The post Nissan Canada among Top 25 Best Workplaces in Manufacturing appeared first on Canadian Auto Dealer ..read more
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Freeland meets with labour leaders to discuss China’s EV practices
Canadian auto dealer
by Canadian auto dealer
3d ago
A plan to protect the electric vehicle supply chain in Canada from China’s unfair practices is moving ahead.  Deputy Prime Minister Chrystia Freeland met with business leaders and representatives from the steel sector on July 23 to discuss the unfair Chinese trade practices around EVs. The meeting, closed to the media, took place at noon in Hamilton, Ont. It was part of the federal government’s ongoing consultations regarding potential policy responses and was one of many meetings around this topic this month. Freeland also met with Canadian labour leaders, as well as business leaders an ..read more
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Hyundai Auto Canada win award for workplace culture
Canadian auto dealer
by Canadian auto dealer
3d ago
Hyundai Auto Canada says it holds the most corporate awards in the automotive sector within the country, thanks to its implementation of feedback and collaboration of executives and team members. In a news release, the OEM said between Jan. 1, 2019, and May 31, 2024, it received more corporate culture awards than any other automotive brand based on the following Canadian award organizations: Canadian HR Reporter, Great Place to Work, Canada’s Top 100 Employers, Waterstone HC and Canadian HR Awards.  “The best way to serve our diverse customer base is to build an inclusive and positive wo ..read more
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Canadian market decline ‘very similar’ to previous week
Canadian auto dealer
by Canadian auto dealer
3d ago
The Canadian used wholesale market experienced a decline in prices of -0.37% for the week ending on July 23. This is compared to the prior week’s not-far-off -0.41%, and the 2017-2019 average of -0.21% for the same period. The car segment was down -0.40% compared to the -0.31% decrease experienced a week earlier. And truck/SUV segment prices declined -0.34%, versus the -0.49% seen the prior week. “The Canadian market is experiencing a decline very similar to that of the previous week,” said Canadian Black Book in its weekly update. “Just over 30% of market segments saw an average value change ..read more
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UVeye teams up with myKaarma for AI vehicle inspection
Canadian auto dealer
by Canadian auto dealer
3d ago
UVeye, an Artificial Intelligence-driven automated suite of vehicle inspection systems, recently announced a strategic partnership with myKaarma, known for its service lane technology solutions.  In a sign of what is to come in the technology world where automotive and AI are concerned, the collaboration aims to boost the dealership service experience. It plans to do so by integrating UVeye’s AI-powered inspection tech with myKaarma’s communication, payments, and service lane tools — “straight to a car owner’s phone.”  “By combining our automated inspection systems with myKaarm ..read more
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Vehicle buyers willing to wait for delivery as build-to-order trend grows
Canadian auto dealer
by Canadian auto dealer
1w ago
DesRosiers Automotive Consultants’ latest update reveals that most consumers are willing to wait anywhere from a week to three months to receive their newly-purchased vehicle.  DAC reached out to dealers and consumers to gather data on the perceived future of this new dynamic; it differs from pre-pandemic trends of consumers mainly buying from inventory, rather than today’s growth of build-to-order (BTO) vehicle purchases. Data shows that 55.7% of vehicle buyers would be willing to wait more than a month. “Consumers are clearly willing to wait a reasonable amount of time to take delivery ..read more
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