Half of Canadian businesses could soon have a competitive advantage over the rest: according to a new study commissioned by TELUS, there’s an even split between Canadian businesses when it comes to their plans for Internet of Things (IoT)…
U.S. auto sales will extend their winning streak in 2016 for a seventh consecutive year of increases, reaching a record high before sales begin to retreat in 2017 as interest rates tick higher and pent-up demand eases, according to…
New car sales rates have increased 68% — from 10.4 million in 2009 to 17.5 million in 2015 — since the recession, leading more people to lease instead of buy. The rate of people leasing cars rose 26% year-over-year…
Even as the auto industry basks in the glow of 2015’s record year in the showroom, several looming threats pose risks to the industry’s momentum. Here are five key warning signs, from discussions at the J.D. Power Automotive Forum hosted…
Pre-orders are piling up for the Tesla Model 3, approaching 300,000 just days after the car’s unveiling. Clearly, questions about whether Tesla’s cars are reliable haven’t made a dent with shoppers. For most car shoppers, dependability is the number one…
Global vehicle sales continued to strengthen in February, climbing 3% above a year earlier, alongside ongoing solid job creation across developed markets. More recent data for March points to further solid advance across North America. Mexico led the way,…
A new study from CarGurus shows the generational divide in attitudes when it comes to purchasing a car. Among the starkest differences, younger shoppers reported a lower degree of satisfaction with their current or most recent car shopping experience (45%…
The market continues to see solid sales momentum in March. Sales improved 9.3 percent year-over-year to 175,142 units – the best March on record by a significant margin. It has been a dream start to 2016; sales in the first…
Aftermarket associations are calling on the U.S. Copyright Office to extend access to software-enabled components to independent service technicians who act as the agent of the vehicle owner. In response to the Software-Enabled Consumer Products Study released by the U.S. Copyright…
I recently spoke to a Canadian authority in foreign exchange, Rahim Madhavji, who is president of KnightsbridgeFx based in Toronto. 2015 was a busy year for Canada, he noted. But it was not kind to the loonie. Over the year, the Canadian…
The Automotive Industries Association of Canada (AIA Canada) sponsored a survey of 572 Automotive Service Providers (ASPs), with a view to assessing the size, sales performance and intentions of the Canadian service sector. In comparison with a similar…
The Equipment and Tool Institute (ETI) has launched its Service and Repair Capability Market Research Study. ETI is surveying automotive repair facilities to learn what services are offered by shops and which of those services are performed by in-house technicians,…