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Toyota Canada Inc. has announced that it will voluntarily pull approximately 4,200 2000-2004 Model Year Toyota Avalons to address the possibility that the vehicle’s steering lock bar could break under certain conditions. As a result of improper casting of the steering lock bar, there is a possibility that a minute...
29 Jul 2010 • Comments
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Would customers opt for a hybrid if there were no cost premium? That’s the question Ford intends to answer with the introduction of a new hybrid model for 2011. When the 2011 Lincoln MKZ Hybrid reaches the market in Canada this fall, it will have an MSRP of $42,200 – exactly...
28 Jul 2010 • Comments
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Owners of most new 2011 Chevrolet, Cadillac, Buick and GMC vehicles will soon be able to control key vehicle functions from their smartphones, through a new OnStar mobile application. Each app will be brand-specific and will allow owners to activate all traditional functions available on a vehicle key remote, such as...
28 Jul 2010 • Comments
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General Motors has announced that it will introduce a new air-conditioning refrigerant in its North American models for 2013, and other automakers are expected to follow that lead. According to GM, the new refrigerant, designated HFO-1234yf, will keep vehicle interiors as cool as with today’s systems while helping to reducing heat-trapping...
28 Jul 2010 • Comments
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A new study shows that Canadian new- and used-vehicle markets are trending in the same direction on some key trade-in measures. There was little change in the majority of the parameters relative to last year except for three – trade-in odometer for both new and used markets and percent negative...
27 Jul 2010 • Comments
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Rewards and incentives… what do your customers want?July 20, 2010 ![]() A simple “thank you” can work wonders in cementing both a deal and customer relations. And there are several places along the sales path to express your appreciation. They include: 1) Incentives/rewards that bring folks into the store; 2) Promotions that help close that deal today; 3) Rewards for referrals; 4) Customer loyalty programs; 5) The straightforward, “Thank you” ... Read more |
Supplier Spotlight: Canadian software supplier wins key awardsJuly 13, 2010 ![]() Toronto area-based SCI Ltd., a pioneer in Software-as-a-Service (SaaS) solutions specifically for dealers, won two important business awards recently. SCI Ltd. placed 14th on the Deloitte Technology Fast 50 for Canada and 90th on the Fast 500 for North America for 2009. This is the second year in a row that ... Read more |
Your chance to hear from a true expertJune 22, 2010 ![]() Maryann Keller, one of North America’s most respected experts on the automotive industry, will be joining us at our CADEX event this September. This is big news, as Maryann knows this business like few others. To have a chance to hear her thoughts, in a presentation and discussion specifically tailored to Canadian ... Read more |
New Scotiabank program expands opportunity for dealersJune 17, 2010 In 2008, over half-a-million newcomers arrived in Canada. If current immigration rates continue, by 2017 more than one in five Canadians will be foreign born. And many if not most of them will need vehicles. Newcomers, however, typically have difficulty financing large purchases such as automobiles. Which is why Scotiabank ... Read more |
A new era at TADAJune 15, 2010 ![]() Since the late 1980s the auto business has seen dramatic changes and as executive director of the Toronto Automobile Dealers Association (TADA), Bill Davis helped steer that association through some very challenging, yet exciting times. In March 2010, Davis finally eased into a much-deserved retirement, leaving huge shoes to fill. As ... Read more |
Ontario HST transition has some hiccupsMay 28, 2010 ![]() One of the hottest current topics for automobile retailers in Ontario is the implementation of the Harmonized Sales Tax (HST), which comes into effect on July 1st. As it turns out, the transition to the new tax regime may not be as simple as it first appeared. With the implementation of the HST al... Read more |