As J.D. Power’s director of ALG industry solutions Michelle MacDonald described residual values as the backbone of the auto leasing business in Canada, ALG announced the winners of the J.D. Power 2021 Canada ALG Residual Value Awards. The J.D. Power ... [Read More]

Make it 16 weeks straight declines for both car and truck/SUV segment group values. According to Tuesday’s Canadian Auto Market Update from Canadian Black Book, car values were down 0.26% last week, truck/SUV values fell 0.17% and the overall market ... [Read More]

The 2021 autoTRADER.ca Awards were announced Monday, honoring new vehicles across 22 categories, including three “Best Overall” nods. Starting at the top, the Best Overall Car award went to the Genesis G70, while the Best Overall SUV honors went to ... [Read More]

Hellosafe.ca chief director Antoine Fruchard released findings on Tuesday stemming from a study about vehicles stolen in 2019 developed using data published by Statistics Canada and the Insurance Bureau of Canada (IBC). Along with determining which provinces had the most ... [Read More]

Wholesale vehicle prices in both car and truck/SUV segment groups have now declined 15 straight weeks, with the drop in car prices a bit higher than seasonally expected last week and truck declines aligning with typical trend lines. That’s according ... [Read More]

SiriusXM Canada has extended its partnership with Ford Motor Co. of Canada through 2025. As part of the extension, announced Monday, Ford vehicles that have the SYNC 4 communications and entertainment system will include SiriusXM’s next-generation 360L platform. The SYNC ... [Read More]

Autozen, a consumer-to-business marketplace that aims to give consumers “an easier, safer and more transparent way” to sell their vehicles, said Tuesday it has generated $4.2 million in an initial funding round. The company, which is in the final stages ... [Read More]

AutoVerify announced a second Dealer Support Program on Wednesday that will waive monthly software fees through July 31 for new customers of the AutoVerify Suite. The AutoVerify Suite now has e-commerce capabilities, the company said. With that expansion, the digital ... [Read More]

 A new CARFAX Canada service helps vehicle owners stay on top of car maintenance schedules and keep track of service records, including reminders that alert users of upcoming service recommendations specific to their vehicle. CARFAX Canada said the free service, ... [Read More]

The Canadian Black Book Used Vehicle Retention Index was at a record high in December, beating the prior all-time high — set just a month earlier — by 0.8 points, and eclipsing the prior-figure figure by 3.1 points. That’s according to ... [Read More]