Oumar Dicko, Chief Economist at CADA, discusses the findings of the association’s latest survey, his thoughts on the luxury tax, and what CADA is doing to mitigate this issue.
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.
New-vehicle affordability declined modestly in April as consumers faced higher prices, rising interest rates and reduced incentives, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index. The index showed the estimated average auto loan rate increased by nine basis …
Affordability pressures and tariff uncertainty are beginning to reshape how Canadians think about car ownership — and could affect future demand at dealerships. A new Turo report, The State of Car Ownership in Canada ’26, finds 85 per cent of …
We have been posting on social media for years about the likely arrival of Chinese vehicles in Canada. We have also argued that, to sell vehicles here, Chinese automakers should be required to build some of them here. Canada’s automotive …
There was a general sense of relief from the Canadian automotive industry when the federal government announced on Friday it would pause its electric vehicle mandate for 2026 and is launching a 60-day review. The mandate would have required all …
The EVBatteryRecovery.ca is expanding across Canada via a national rollout. It follows an initial North American rollout of the Electrified Vehicle (EV) Battery Recovery Program in Quebec in June 2023, as part of a collaborative effort to deliver on a commitment …
Canada’s used wholesale market continued its December pullback, with prices down 0.58 per cent for the week ending on Dec. 13. The pace of decline eased slightly compared with last week, but depreciation remains broad-based across segments, according to Canadian …
