Brian Murphy, VP, Research & Analytics at Canadian Black Book, explores recession scenarios and talks about the economy, short- and long-term projections, new and used vehicles, and residual values.
Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.
U.S. wholesale used-vehicle values continued to strengthen in early June, according to Cox Automotive’s latest Manheim Used Vehicle Value Index (MUVVI). The index rose to 213.9 in the first 15 days of June, reflecting a 0.6 per cent increase in …
The New Car Dealers Association of B.C. (NCDA) is urging the provincial government to tackle vehicle affordability, skilled-trades shortages and electric-vehicle infrastructure as it develops Budget 2027. In a submission to the province’s pre-budget consultation process, NCDA President and CEO …
Canadian light-vehicle sales totalled an estimated 178,000 units in April, down 3.9 per cent from the roughly 186,000 units sold in the same month last year, according to DesRosiers Automotive Consultants (DAC). The April results come one year after the …
Ever so slight movement was seen in the Canadian used wholesale market in terms of pricing, which declined -0.32% for the week ending on July 19. The figure is similar to the previous week, in which pricing decreased -0.35%. For …
Autel Energy and ChargeLab have announced a partnership to deliver integrated EV charging solutions in Canada, combining charging hardware with management software, according to a release issued April 7. The agreement brings together Autel’s EV chargers with ChargeLab’s software platform, …
Turo is expanding beyond short-term rentals, launching a new alternative to car ownership designed for drivers who want long-term vehicle access without long-term commitments. The car-sharing marketplace now allows Canadians to book vehicles for a month or more, with the …