Rising inflation and elevated borrowing costs in the United States continued to weigh on U.S. consumers in April, even as retail spending and auto credit availability showed signs of resilience, according to the latest Auto Market Weekly Summary from Cox …
The New Car Dealers Association of B.C. and the Business Improvement Areas of British Columbia are calling on the province to scrap its planned expansion of the provincial sales tax to professional services, warning the move would unfairly raise costs …
Auto theft claims costs in Ontario declined in 2025 but continue to significantly exceed pre-pandemic levels, according to new figures released by the Insurance Bureau of Canada. The industry group said auto theft claims in Ontario totalled $485 million in …
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 …
Canadian wholesale used-vehicle prices continued to decline in the week ending May 16, with truck and SUV segments leading the market downward, according to the latest Canadian Black Book Market Insights report. Overall wholesale prices fell 0.32 per cent for …
The U.S. electric vehicle market softened in April as new EV sales declined alongside broader weakness in overall vehicle demand, according to the latest EV Market Monitor from Cox Automotive. New EV sales totalled an estimated 76,889 units in April, …
Canada’s share of light vehicle imports sourced from the United States declined over the past year as automakers adjusted to ongoing trade tensions and tariff measures between the two countries. According to data released by DesRosiers Automotive Consultants (DAC), the …
The U.S. auto market showed signs of slowing in April, according to Cox Automotive’s latest Auto Market Weekly Summary, as consumers pulled back on vehicle spending amid elevated fuel costs and growing affordability concerns. April’s seasonally adjusted annual rate (SAAR) …
Unifor will launch its 2026 Detroit Three contract negotiations with Ford Motor Co. on June 22, the union announced Monday, as Canada’s automotive sector continues to face what union leaders described as “unprecedented challenges.” The union said it selected Ford …
In its April Monetary Policy Report, the Bank of Canada said tariffs and trade uncertainty are expected to continue affecting the Canadian economy, including sectors tied closely to automotive manufacturing and retail. The central bank said current U.S. tariffs are …
Canadian auto dealers are placing greater value on lenders that actively help close deals as affordability pressures continue reshaping the retail market, according to the 2026 Canada Dealer Financing Satisfaction Study released by JD Power. The study found dealers increasingly …
Japanese vehicle brands continue to outperform competitors on long-term reliability, according to a new report from online used-car retailer Clutch. The Clutch Certified Reliability Report, based on more than 100,000 vehicle inspections conducted since 2017, found German luxury brands such …
