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CADA reacts to federal budget

Canadian Auto Dealer

Lifetime capital-gains exemption for Canadians will rise from $1 million to $1.25 million over two years, starting in 2024-25, to Transport Canada to top-up the Incentives for ZeroEmission Vehicles program; On stolen vehicles the government has listened to CADA and used the Budget to announce new legislation to fight the auto theft crisis.

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72% of drivers concerned with OEMs sharing data with third parties

Canadian Auto Dealer

It’s easy to take for granted how much your car knows about you,” said Kurt Baumgartner, Principal Security Researcher at Kaspersky’s Global Research and Analysis Team, in a statement. At the same time, security is also a concern for OEMs.

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Why Dealers Need to Keep Marketing – Even with Low or No Inventory

Automotive Mastermind

“Looking back at a tumultuous year for auto demand, the December sales result reflects apparent steadiness in the market,” said Chris Hopson, principal analyst at S&P Global Mobility. auto market is struggling, impacted by supply chain, labor, logistics, inflation, and wider economic concerns,” said Chris Hopson. .”

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Changing Auto Buyer Behavior: Tips to Help Dealers Adapt

Automotive Mastermind

. “Pockets of vehicle inventory levels continue to improve more quickly than expected from extraordinarily low levels and bring welcome news on the supply side of the equation. ” High interest rates and low job growth are expected to impact auto demand over the next 12–18 months, according to new reports.

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How the Service Drive Supports Dealership Profitability Across Departments

Automotive Mastermind

But outside the obvious example of generating revenue through service tickets to supplemental lost sales, the service drive supports dealership sales profitability during inventory shortages in other numerous ways.