Sales Stresses: Bodyshop revenue lagging in overall dealer performance, CADA report says
Toronto, Ontario — The Canadian Automobile Dealers Association (CADA) published its first ever data report on Thursday, recapping what it called a “tumultuous” 2022 for Canadian auto dealers. In spite of this gloomy outlook, CADA reported that average total sales per dealership was up 20.6 percent from 2021, the bulk of which is made up […]
Tuesday Ticker: Software setbacks for Tesla and promising prospects for GM
Toronto, Ontario — In this week’s auto industry roundup, software troubles with nearly 80,000 models in China are causing Tesla prices to dip further, while General Motors appears to be on the upswing with several new model launches on the way. One Step Forward, One Step Back Tesla’s stock price was dealt yet another blow […]
Magna Meets: Magna International to host Q1 results conference call in early May
Aurora, Ontario — One of Canada’s most watched auto parts manufacturers is gearing up for the release of 2021’s Q1 financial results, followed by a conference call, on May 6. Executives from Magna International will be up bright and early on May 6 at 7 a.m. EST to deliver the company’s financial results for the […]
