CanadaOne Auto Expands Digital Strategy Across Forty-Three Dealerships Through Partnership with AutoTrader.ca
The partnership supports CanadaOne Auto's ongoing efforts to streamline online inventory exposure for both used and new vehicle offerings. It also enables the exploration of technology-driven tools, including several recent breakthroughs in Artificial Intelligence (AI) by AutoTrader.ca, aimed at improving the consumer experience and enhancing dealership performance in a competitive and evolving automotive market.
"Our partnership with AutoTrader emphasizes our commitment to delivering a consistent, high-quality digital experience to our valued customers across all of our retail locations," said Daniel Priestner, President & Chief Relations Officer, CanadaOne Auto. "Having thousands of available vehicles advertised on AutoTrader.ca strengthens our digital footprint and ensures car shoppers across Canada can find us quickly and easily."
The new group-wide alliance with AutoTrader.ca underpins CanadaOne Auto's digital-first and customer-centric pledge, prioritizing long-term initiatives that enhance customer convenience, digital visibility and marketing capabilities for its network of dealerships across the country.
"This partnership between CanadaOne Auto and AutoTrader is rooted in a shared vision of delivering tailored automotive solutions that provide the best car buying experience for Canadian consumers," said Jody Gill, Chief Sales Officer at AutoTrader.ca. "We are committed to driving showroom traffic in the dealer group's network, empowering each dealership with the tools and exposure they need to succeed in a dynamic and constantly evolving landscape."
The group rollout underscores a continued focus on scalable digital solutions across CanadaOne Auto Group's retail footprint, as the dealer group balances growth with operational consistency.
About CanadaOne Auto
CanadaOne Auto is a privately owned automotive dealer group with forty-three retail locations, representing 20 automotive brands, across 5 provinces across Canada. For more information, please visit www.canadaoneauto.com.
About AutoTrader.ca
AutoTrader is the largest and most trusted automotive marketplace in Canada. Offering the largest inventory of new and used cars, AutoTrader boasts hundreds of thousands of new and used vehicles for sale to Canadians across the country. AutoTrader receives over 25 million monthly visits to the marketplace and the AutoTrader app has been downloaded by more than 7 million Canadians. Visitors can buy or sell cars, trucks or other motorized vehicles quickly, easily, and confidently. Buyers can search based on vehicle model, make, colour and geographic location to find the deal that is right for them. AutoTrader is also an online destination for automotive research and entertainment, featuring news, reviews, videos, and podcasts from award-winning automotive journalists. Follow AutoTrader on LinkedIn, Facebook, Instagram, TikTok and YouTube.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
an hour ago
- Cision Canada
Light AI reports Financial Results for Three and Six Months ended June 30, 2025
VANCOUVER, BC, /CNW/ - Light AI Inc. (" Light AI" or the " Company") (CBOE: CA) (CBOE: ALGO) (FSE: 0HC) (OTCQB: OHCFF), a healthcare technology company focused on developing artificial intelligence ("AI") health diagnostic and wellness solutions, today announced its financial and operating results for its second quarter of 2025 representing the three and six months ended June 30, 2025. Financial information is reported in Canadian dollars ("$") unless otherwise stated and in accordance with International Financial Reporting Standards ("IFRS"). Financial and Operating Results Summary for the three and six months ended June 30, 2025 The Company is currently in the development stage of its software technology offering anticipated to be completed with related commercialization commencing in late 2025. During the three months ended June 30, 2025, the Company had total operating expenses, exclusive of interest, depreciation and share based payments, of $4.0 million compared to $4.2 million for the three months ended March 31, 2025 and $2.0 million for the three months ended June 30, 2025. The change is primarily attributable to the Company's incremental investment in its product development with total research and development expenses of $1.4 million in Q2 2025 compared to $1.2 million for the three months ended March 31, 2025 and $1.1 million in the prior year period in addition to marketing and investor relations activities of approximately $2.1 million in Q2 2025 compared to $2.4 million for the three months ended March 31, 2025 and $0.3 million in the prior year period. The Company had total operating expenses of $8.3 million for the six months ended June 30, 2025 which increased from $3.8 million in the prior year period due primarily to marketing and investor relations expenses in addition to increased product development costs. The Company had cash of $9.4 million with total assets of $10.8 million as at June 30, 2025 compared to cash of $15.2 million with total assets of $17.1 million as at December 31, 2024. On January 8, 2025, the Company closed the second of two tranches of the Offering by issuing 2,757,000 units of the Company at $0.55 per unit for aggregate gross proceeds of $1,516,350. The Company had Adjusted Working Capital of $8.9 million as at June 30, 2025 compared to $14.6 million as at December 31, 2024. "Light AI continues to make progress towards commercializing its AI oriented wellness software application anticipated to be commercially available after Q3 2025," stated Peter Whitehead, CEO. "We are well positioned to capitalize on our sizable market opportunity leveraging Light AI's first mover advantage with our patented intellectual property and technology." Financial Statements and Management Discussion & Analysis Please see the Company's consolidated financial statements ("Financial Statements") and related Management's Discussion & Analysis ("MD&A") for more details. The Financial Statements for the three and six months ended June 30, 2025, and related MD&A have been reviewed and approved by the Company's Audit Committee and Board of Directors. For a more detailed explanation and analysis, please refer to the MD&A that has been filed on SEDAR+ at and is also available on the Company's website at Non-IFRS and Other Financial Measures This press release refers to the following non-IFRS measures: "Adjusted Working Capital" is comprised as current assets less current liabilities. Management believes Adjusted Working Capital is a useful indicator for investors, and is used by management, for evaluating the operating liquidity to the Company. See "Adjusted Working Capital Reconciliation" for a quantitative reconciliation of Adjusted Working Capital to the most directly comparable financial measure. Such non-IFRS measures and non-IFRS ratio do not have a standardized meaning under IFRS and may not be comparable to a similar measure disclosed by other issuers. About Light AI Inc. (CBOE CA: ALGO / FSE: 0HC / OTCQB: OHCFF) Light AI Inc. is a technology company focused on developing artificial intelligence health screening and diagnostic solutions. Light AI is developing a technology platform which represents the next generation of patient management: it applies AI algorithms to smartphone images—starting with images of Strep A and anticipated expansion with COVID19 along with other medical conditions —to identify the disease in seconds. Its patented, app-based solution requires no swabs, lab tests or proprietary hardware of any kind—its hardware platform is the 4.5 billion smartphones that exist in the world today. Light AI is at the forefront of developing innovative screening and diagnostic solutions aimed at improving healthcare delivery worldwide. Their cutting-edge AI powered technology offers rapid, accurate, and cost-effective screening and diagnostic tools designed to address critical healthcare challenges. In pre-FDA validation studies, Light AI's algorithm demonstrated remarkable accuracy in differentiating between viral and bacterial pharyngitis, specifically targeting Group A Streptococcus (GAS). The algorithm achieved a 96.57% accuracy rate and attained a Negative Predictive Value of 100%, indicating its high reliability in confirming the absence of Streptococcus A infection. Viral and GAS pharyngitis affects over 600 million people annually worldwide. If left untreated, GAS pharyngitis can lead to serious complications such as Rheumatic Heart Disease (RHD), which imposes a global economic burden exceeding $1 trillion annually. Light AI's technology offers a significant advancement in the accurate and timely identification of GAS pharyngitis, potentially reducing the incidence of RHD and its associated costs. Light AI's approach to applying AI to smartphone images can be expanded to other throat conditions, as well as other areas of analysis, such as the human eye and skin. Light AI's vision is to combine the smartphone with AI in-the-Cloud to create a Digital Clinical Lab that provides quick and accessible diagnosis for countless conditions that today require expensive and time-consuming imaging or lab processes. Light AI's commercial launch of its consumer-facing Wellness App initial offering is anticipated to be available in North America in Q3 2025. ON BEHALF OF THE COMPANY "George Reznik" George Reznik Chief Financial Officer Telephone: 604-307-6800 Email: [email protected] For more information, please contact the Company at [email protected] or visit Forward-Looking Information: This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, including, but not limited to, the Company's research and development and commercialization initiatives, the anticipated inflection of the business, the Company's financial and operational performance and outlook and other statements that contain words such as "believe," "expect," "project," "should," "seek," "anticipate," "will," "intend," "positioned," "risk," "plan," "may," "estimate" or, in each case, their negative and words of similar meaning. By its nature, forward-looking information involves a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome of the plans and events described herein. Readers should not place undue reliance on forward-looking information, which is based on the information available as of the date of this news release. For a list of the factors that may affect any of the Company's forward-looking statements, please refer to the Company's annual information form dated April 14, 2025 and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed under its SEDAR+ profile at
Global News
2 hours ago
- Global News
Canada's counter-tariffs ‘pulled the rug out from' CUSMA, U.S. envoy says
U.S. Ambassador to Canada Pete Hoekstra says Canada is jeopardizing the future of the Canada-United States-Mexico Agreement (CUSMA) — also known as USMCA — on free trade due to Canadian counter-tariffs on certain American products. 'Canada is the country that has pulled the rug out from USMCA,' Hoekstra said in an exclusive interview with Global News on Thursday. 'They also started putting tariffs on CUSMA products … We haven't done that, but Canada has decided 'That's fair game. We will call into question CUSMA.'' Back in March, Ottawa placed a 25 per cent tariff on $29.8 billion in U.S. products, including some imports that fall under the free trade agreement such as orange juice, motorcycles and appliances. That was in response to tariffs imposed by U.S. President Donald Trump that have continued to escalate. Story continues below advertisement So far, Trump has imposed a 35 per cent tariff on all non-free trade Canadian goods, a 50 per cent levy on Canadian steel, aluminum and copper, and is threatening to bring in more tariffs on Canadian pharmaceuticals. 1:07 Retaliatory tariffs should have 'minimum impact' on Canadians, Carney says Last week, Prime Minister Mark Carney hinted at unilaterally removing some tariffs on U.S. goods if it could improve ongoing negotiations and help Canadian businesses. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy 'We look at what we can do for our industry that's most effective. In some cases that will be to remove tariffs,' he said. Hoekstra also said personal attacks from Canadian politicians against the U.S. president are another irritant. 'Some Canadian politicians have decided that they will attack the president personally, they will attack people on his economic team, his negotiating team,' Hoekstra told Global News. Story continues below advertisement 'They will attack them personally, not on the policy, but them personally. Again, that is a Canadian decision. All we do is respond to it.' Trump has routinely attacked Canadians, spending much of the winter calling on Canada to be annexed as the 51st state and routinely referring to then-prime minister Justin Trudeau as 'governor.' 3:53 'Tariffs up, elbows down': Poilievre blasts Carney over lack of trade deals Another key irritant for Hoekstra is the Canadian government reviewing the $74-billion contract to buy 88 F-35 fighter jets from U.S. company Lockheed Martin. 'There's two countries that have been relatively harsh against the United States, and that's China and Canada,' Hoekstra said. Earlier this week, the U.S. and China extended their tariff deal deadline for another 90 days until Nov. 10. But Canada has had no pause and Hoekstra doesn't see a deal within reach soon. Story continues below advertisement 'I think on both sides, the negotiators feel that they haven't made enough progress and that there's enough significant issues out there that are going to take a lot of work,' he said. 0:42 Ford calls Trump 'probably the most disliked politician in the world in Canada' Ontario Premier Doug Ford warned last week that even if Canada signs a deal with the U.S., he is worried Trump will not honour any free trade commitments. 'At any given time, President Trump — not that he even follows the rules — he could pull the carpet out from underneath us on CUSMA tomorrow with one signature,' Ford said. Ford also warned he thinks Trump wants to renegotiate the free trade deal as soon as November, ahead of the scheduled start date of next year. Hoekstra did not rule out the U.S. pushing for earlier renegotiations. Story continues below advertisement 'Lots of things could happen in the future,' he said. 'I don't know what the decision will be. That will be the president's decision, his team's decision.' When asked by Global News last week if Canada was not responding with further retaliation to increasing U.S. tariffs because it could hurt future free trade deal renegotiations, Carney emphasized the importance of Canada preserving its North American free trade deal. 'We're very conscious that there are a couple of negotiations in sequence and the extent to which those negotiations can be brought together or inform each other that's in the interest of all parties,' he said.
Toronto Star
3 hours ago
- Toronto Star
Liquid I.V. Debuts Innovative New Sugar-Free Hydration Multiplier in Canada
TORONTO, Aug. 14, 2025 (GLOBE NEWSWIRE) — Today, Liquid I.V., the number one selling powdered hydration brand in Canada1 announced the expansion of their product portfolio with the launch of the new Sugar-Free Hydration Multiplier. Available in the delicious and refreshing White Peach flavour, this launch marks Liquid I.V.'s most significant innovation in the market to date and is the brand's first sugar-free offering for Canadians.
