Half Day: Average length of rental for Q4 2023 was 0.6 days lower than Q4 2022

Toronto, Ontario — The fourth-quarter 2023 overall average length-of-rental for collision-related car rentals was 16.4 days–just over a half-day lower than Q4 2022’s average LOR. Of all the provinces, Ontario had the highest LOR at 18.1 days, followed closely by Alberta at 17.1 days. Comparatively, Prince Edward Island (P.E.I) had the lowest LOR record at […]

Tuesday Ticker: Rivian hires longtime Apple hardware designer

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, Rivian goes Apple picking for new hires, while AutoCanada marks a date for its Q4 2023 and full-year 2023 results call.  AutoCanada’s annuals Edmonton-based dealer group, AutoCanada, will release its financial results on Thursday, March 7, 2024, before the markets open, the company announced this past Monday […]