Canadian online auto retailer Clutch announced a $7 million seed financing round led by Real Ventures. Announced last week, the round also included BrandProject, FJ Labs, Azure Capital Partners and Global Founders Capital. The new funds are intended to help Clutch ... [Read More]

Similar to findings the firm uncovered from the United States, CarGurus determined through its latest analysis that Canadian consumers still have a sustained, high interest in purchasing vehicles amid the coronavirus pandemic. This week, CarGurus released its second Canadian COVID-19 ... [Read More]

 Foot traffic is up substantially at Ontario car dealerships. That’s according to a study commissioned by TRADER Corp. and conducted by EQ Works that looked at dealership visits at 750 stores in the province during May and June. Unique visitors to ... [Read More]

After a strong start to the year, with used retail unit sales up 16% year-over-year for the first two months of 2020, pre-owned sales in Canada for AutoCanada started to take a hit in mid-March amid the COVID-19 pandemic.  But ... [Read More]

The 2020 Women & Automotive Canadian Leadership Forum will be a digital experience. In light of the COVID-19 pandemic, Cherokee Media Group has determined the best move for the health and safety of our audience, speakers, teammates and all parties ... [Read More]

The 2020 Auto Remarketing Canada Conference will be a digital experience. In light of the COVID-19 pandemic, Cherokee Media Group has determined the best move for the health and safety of our audience, speakers, teammates and all parties involved is ... [Read More]

Equifax Canada looked to provide some clarity as auto-finance providers continue to navigate the challenges created by the coronavirus pandemic. The credit bureau recently released a whitepaper that reviewed credit-based insights for lenders to keep in mind as both dealers ... [Read More]

Here’s an encouraging sign for the Canadian used-car market from June: at least two automaker programs had their strongest months ever for certified pre-owned, and a third, is gaining ground. Starting with Hyundai, it reported its strongest certified pre-owned sales ... [Read More]

Dilawri Group of Companies has added its first Lexus dealership. And its first store in the Laval market. The automotive group announced Wednesday it purchased Lexus Laval in Quebec, putting Dilawri’s dealership count up to 75. The store, located at ... [Read More]

Manheim Canada announced last week that it would be launching a service to disinfect and treat vehicles sold through the company’s simulcast auctions to help prevent customer exposure to COVID-19 and other viruses. The Manheim Vehicle Disinfection Service started June ... [Read More]