Cox Automotive recently released a forecast that expects new vehicle sales in the United States to rebound, following a slow January, with an anticipated seasonally adjusted annual rate of 16.3 million. They said a modest rebound is anticipated when February’s new-vehicle …
The Motor Vehicle Retailers of Ontario released an announcement congratulating Ontario Premier Doug Ford’s recent and third majority government win, as the premier is known for his strong stance and support of the Canadian automotive industry. The re-election means that …
Dealers in Canada may be interested to note that retailers believe sales growth will continue this year despite challenges, according to DesRosiers Automotive Consultants’ latest aftermarket update. Andrew King, Managing Partner at DAC, said the Canadian automotive aftermarket has seen …
Online automotive research and shopping platform CarGurus announced the launch of its latest national brand campaign called “Big Deal,” as it aims to recognize the important role vehicles play in people’s lives. In a news release its Chief Marketing Officer, …
Findings from a new Succession Readiness Report from MNP reveal that many retiring business owners, including dealers, are delaying or underestimating the importance of succession planning. In a news release about the report, MNP said these owners are leaving important …
As part of its E-Vision Intelligence Report, J.D. Power is projecting a reset for electric vehicle adoption in the United States this year, due to new market dynamics. Those new market dynamics include the Trump administration’s intend on ending the $7,500 …
Recent data from Urban Science revealed continued stability across the United States’ automotive retail network in 2024, with dealership counts up and a new post-pandemic throughput high expected in 2025. In its update, the company said there were 27 more …
The Canadian used wholesale market saw a decline of 0.22% in pricing for the week ending on Feb. 22, 2025, while the market a week earlier was down -0.18%, according to Canadian Black Book’s latest update. Its Market Insights report …
Canadian Black Book released a 2025 market preview, which first underlined that the Canadian auto industry experienced a transformative 2024 thanks largely to some noteworthy shifts in vehicle availability, pricing, and market dynamics. In the new vehicle market, CBB said …
