As the year nears its end, Canadian used-vehicle wholesale values keep dropping. Canadian Black Book’s weekly Market Insights report showed the market sank by 0.64% overall in the week ending Dec. 10, almost twice the 0.33% decline of the previous ... [Read More]

Canadians seem to be feeling squeezed by economic pressures when it comes to their vehicles. AutoTrader’s year-end data on the most searched for and most sold vehicles on its platform shows Canadian consumers choosing vehicles that prioritize affordability, reliability and ... [Read More]

Demand for electric vehicles in Canada seems to be powering down. Ernst & Young’s latest EY Mobility Consumer Index report shows Canadian consumers’ intent to purchase an EV has sunk 2% from 2023, even as overall vehicle purchase intent rose ... [Read More]

The Canadian used wholesale vehicle market continued to trend downward last week, and at the same rate as the week before, according to Canadian Black Book’s weekly Market Insights report. Vehicle values fell 0.33% overall in the week ending Nov. ... [Read More]

Approval Genie has launched a new program to help Canadians in need keep their vehicles. In a news release, the auto finance company called its PaymentAssist Program “a bold move to further its commitment to empowering Canadians.” The initiative is ... [Read More]

Centennial College is amping up its auto technician training program’s emphasis on electric vehicles. Students starting the Centennial College School of Transportation’s Automotive-Motive Power Technician program will now be required to complete EV/hybrid courses as part of their training. In ... [Read More]

When it comes to the Canadian wholesale vehicle market, all is calm. For the third month in a row Canadian Black Book’s Used Vehicle Retention Index did not move in October, standing at 136.0 points — same as it was ... [Read More]

Autocorp.ai has unveiled a new weapon in the war against fraud. The Ottawa-based automotive retail technology provider announced the launch of AVA ID Verified, an identity verification system created to “wage war against the rising tide of fraud targeting dealerships,” ... [Read More]

Canadian automotive leasing company SCI Lease Corp has joined with California-based electric vehicle manufacturer Lucid in a partnership designed to give Canadian drivers access to “flexible, transparent and competitive leasing options” for the Lucid Air. “We are excited to add ... [Read More]

For the most part, it was a week of price declines across the board in the Canadian wholesale vehicle market, with one segment bucking the trend. The overall drop in prices wasn’t quite as steep as the prior week’s, at ... [Read More]