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Perry Lefko

Toronto Correspondent for Automotive News Canada

[email protected]

Toronto Correspondent

See All Staff Page
Recent Stories
Why it remains a seller's market when it comes to dealership mergers and acquisitions

Dealership deals continue to thrive despite the pandemic and slumping sales. 

Trade X secures US$50-million line of credit to expand in Canada and U.S.

Trade X says it will be making a “major splash” in the industry in the second quarter of this year with marketing campaigns in Canada and the United States, and will be active in conferences and events.

Dealer Solutions M&A to offer training, financial resources to prospective dealers

The program, called Drive Investment Partners (Drive-IP), will be financed by a consortium consisting of participating banks, active or retired dealer principals and Drive-IP, said DSMA CEO Farid Ahmad.

Why Canadian dealers have the Lone Star State in their eyes

Texas, home of some of North America's largest and fastest-growing cities, is attracting acquisitions by retailers north of the border.

Luxury dealers break new ground with online purchasing, servicing tools

Policaro Group in the Greater Toronto Area launched Policaro Access, which sells vehicles three different ways through the assistance of an app. The Jack Carter Auto Group in Calgary created Carter Live Connect, which goes beyond what GM's Cadillac Live offers.

Auto company executives on the move, to dealerships

From head office to the sales front line, business leaders, such as Brian Fulton, apply their unique skill sets at dealer groups.

B.C.'s OpenRoad group looks to become 'a national brand' with Ontario expansion

OpenRoad purchased a Honda and a Toyota store in November because Policaro was in the process of divesting itself of mass market automobiles to concentrate on luxury brands.

Policaro Group to expand and focus exclusively on luxury brands

Headquartered in Brampton, just outside of Toronto, the Policaro Group began its strategic shift in late November when it privately sold separate Honda and Toyota dealerships to reduce its stores to four. Now, it's expanding in Kitchene-Waterloo, St. Catharines, Etobicoke and Brampton.

Calgary's Foundation Auto eyes U.S. expansion

Kevin Kutschinski, Foundation’s president and CEO, says the company could have about 40 stores in Canada and the United States by the end of 2021 or early 2022.

Ontario has no intentions of bringing back EV rebates

The Ontario Government says it has no intentions of reinstituting rebates for electric vehicles, even though it recently committed $285 million toward Ford Motor Co.’s $1.8-billion plan to turn its Oakville, Ont., plant into an EV assembler.

Orlick Industries owner, Honda supplier David Braley has died at 79

In 1969, Braley acquired a machine company Orlick Industries, founded by Bill Orlick in 1947 in the west end of Hamilton, and began expanding the business. He used his success to eventually own three CFL franchises at one time or another.

Roy Foss, a 'pillar' in GM’s dealer network, has died at 90

Throughout his career, Roy Foss, a Toronto-area dealer, garnered numerous awards and accolades for his successes and innovations. But, he was most proud of mentoring many of today’s most prominent industry leaders, dealers and executives.

Former M-B Canada CEO now managing partner of Ontario Benz store

After 26 years with Mercedes-Benz, including the last 4½ as president and CEO of the manufacturer’s Canadian division, Brian Fulton has become a managing partner of one of its Toronto-area dealerships, owned by the Zanchin Automotive Group.

SteinFamily.jpg
Industry loses former Plaza Auto Group boss Herbert Stein at 91

Herbert Stein joined the business shortly after his father, Morris, was awarded a dealership by General Motors in 1957 and opened Plaza Chevrolet in Toronto. He remained with the company as adviser until he was 90.

Brand awareness a key challenge facing Polestar in Canada

The new electric performance brand, owned by Volvo Zhejiang Geely Holding Group, debuts with an urban and online retail plan.

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