Stephanie Wallcraft

As customers roll the amount owing on a vehicle into their next vehicle, their exposure can increase, which also increases the significance of GAP insurance.

Steadily increasing sales means it’s time for this country's four dealerships to at least partly break away from U.S. control.

There are no Black leaders among the Canadian automotive industry’s 17 CEOs and presidents. Beyond that, no statistics are available to measure Black representation in the Canadian auto industry, said Jennifer Okoeguale, a public relations consultant at Toyota Canada and a founding member of Accelerate Auto.

CEO Don Romano said that as some veteran dealers are retiring and looking to sell their businesses, Hyundai Canada is planning to seek out people of colour, and specifically Black candidates, to purchase those dealerships.

Gerry Spahn, spokesman for Rolls-Royce Motor Cars Americas, said the automaker expects 2021 will be a record sales year for Canada as the new Ghost sedan is added to the lineup.

Manufacturers risk losing skilled and talented employees to other industries unless they make addressing gender equity a priority, according to the report, released in mid-February by the Trillium Network for Advanced Manufacturing, an industry think tank based at Western University in London, Ont.

The second-generation BRZ will come in two versions, down from three.

Accelerate Auto’s mission is to attract Black talent to the industry by creating awareness of career opportunities, establishing mentorship networks, and initiating networking opportunities for Black candidates

The Volvo XC40 Recharge will carry a starting MSRP at launch of $64,950 — before shipping —  which is nearly $5,000 too expensive to qualify for Quebec’s $8,000 provincial rebate. It also misses the mark for the federal iZEV rebate and British Columbia's provincial incentive.

Even online versions of the Toronto and Montreal events are canceled, which leaves dealers and automakers seeking new consumer attractions.

December 2020’s average was up 13 per cent from the same month in 2019, when the average transaction price was just under $36,000.

Some women in the industry say they see ominous signs despite the sector's collective intentions.

In a new online campaign, viewers will see ads highlighting vehicle features that are most likely to be of interest to them.

Organizers of the Montreal and Toronto auto shows have scrapped their plans to transition to virtual platforms from traditional in-person events for 2021 due to a lack of manufacturer participation. Live shows have been in doubt since the start of the COVID-19 pandemic in March.

Tire sales can boost revenue and customer loyalty at dealerships that employ the right tools to make the buying process painless, industry executives say.