Economic growth is on the horizon after a flat second quarter, according to the Canadian Federation of Independent Business. The group is expecting a modest rebound of 1.4 per cent in the third quarter of this year, its latest Main…
Inflation and other economic factors are influencing the attitudes and actions of car buyers in Canada, according to a survey from Canadian Black Book. Furthermore, higher prices have pushed shoppers to look at more options when buying a vehicle. DesRosiers…
In Europe, they have no appetite for internal combustion engines. In fact, they don’t even want hybrids. So they’re electrifying and electrifying quickly, said an industry observer. On the other hand, you have the United States which is very slow…
A 1,400-km corridor for electric vehicle charging stations is set to be built from Michigan and stretch into Quebec. The joint binational alternative fuel corridor agreement was announced by federal Minister of Transport Omar Alghabra and U.S. Secretary of Transportation…
A new right to repair bill tabled in Quebec would make it the first province and one of a few jurisdictions in North America that protects the consumer’s right to choose where to have their vehicle repaired. If passed, Bill…
High interest rates. Inflation up but but slowing. No recession. All of that is great news for the automotive aftermarket.
Like any other input increase, when interest rates go up those costs must be passed on by the automotive aftermarket, advised an industry leader. But while the automotive aftermarket can find ways to reduce the impacts of commodity cost increases,…
A number of automotive aftermarket professionals have posed the question: Why the rush to electrify vehicles? It’s been asked to Auto Service World by readers in person or in the comment section of stories. It’s also been posed to Paul…
And just how high could interest rates go? A new report looks at the possibilities
Industry expert explains why things won’t go back to the way they used to be. Higher interest rates and higher inflation are here to stay
Small businesses in Canada are calling on the federal government and payments industry to move faster on capping processing fees for credit card usage by consumers. The Canadian Federation of Independent Business released results from a recent survey that found…
A quarterly report from the Canadian Federation of Independent Business forecasts slow economic growth and receding inflation — all signs that the country may sidestep a recession. The last quarter of 2022 is expected to see 1.2 per cent annualized…