U.S.-based auto retailer Lithia & Driveway, which expanded into Canada last year with the purchase of Toronto’s Pfaff Automotive Partners, has increased its Canadian footprint with a purchase announced Tuesday. In the first addition to its Canadian portfolio since buying ... [Read More]

After dipping 0.23% last week, Canadian wholesale vehicle prices have now made four consecutive declines. That’s according to the latest weekly report from Canadian Black Book, which said car segments were off 0.10% last week and truck/SUV prices fell 0.36%. ... [Read More]

Untether AI, which describes itself as “the leader in at-memory computation for artificial intelligence inference acceleration,” has teamed up with General Motors to develop AI perception systems for autonomous vehicles. Emphasizing that perception systems are integral to autonomous vehicles, Untether ... [Read More]

Canadian Black Book has debuted a new awards program. In addition to its existing “Best Retained Value Awards” for automakers, CBB is launching the “Best Residual Value Awards.” The latter spotlights vehicles expected to hold the greatest value of MSRP ... [Read More]

TradeRev has a new president, parent company KAR Global said Tuesday. Taking on the role is co-founder James Tani, who will also remain in his position as executive vice president of KAR’s Canadian dealer sales team. Tani succeeds TradeRev co-founder ... [Read More]

Since launching the Women & Automotive: Canadian Leadership Forum in 2016, Cherokee Media Group has honored and recognized a group of Canada’s leading women in automotive each year through its Women & Automotive: Profiles in Leadership program. And we're excited ... [Read More]

Certified pre-owned vehicle sales at Mercedes-Benz Canada reached their highest-ever quarterly share of the company’s overall used-car sales, the automaker said Thursday. The company’s pre-owned division moved 3,492 used cars in the first quarter, a 9.2% year-over-year decrease. Mercedes said ... [Read More]

Kelley Blue Book Instant Cash Offer has launched in Canada, Cox Automotive Canada said in a news release Monday. The tool helps Canadian dealers acquire inventory directly from consumers, which can be crucial considering the tight vehicle supply. Consumers can ... [Read More]

Axis Auto Finance has a new board member. The Canadian fintech company said Thursday it has named JM Holdings Corp. founder and chief executive officer Jim Nikopoulos to the board. Nikopoulos will replace Gerry Thom, who has retired from the position. ... [Read More]

Axis Auto Finance has a new board member. The Canadian fintech company said Thursday it has named JM Holdings Corp. founder and chief executive officer Jim Nikopoulos to the board. Nikopoulos will replace Gerry Thom, who has retired from the position. ... [Read More]