Dealers in the United States are experiencing renewed optimism for the future, a recent survey shows. The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) was conducted immediately after the national election in early November. “The recent resolution of political …
A recent update from AutoTrader reveals economic pressures could be weighing on Canadian consumers in terms of the type of vehicle they are shopping for, as many are veering towards options that prioritize affordability, reliability, and utility over luxury and …
Highlights from Cox Automotive’s Auto Market Report shows December 2024 retail vehicle sales in the United States surpassing 2023 levels, while low-interest rate deals surged to their highest levels in two years. The data is offered in a video by …
With the holiday season gearing up, DesRosiers Automotive Consultants took a moment to consider what sort of vehicle Canadians are “asking Santa” for this year. The company surveyed 4,500 Canadian drivers to better understand their desires, and found that — …
New vehicle prices in the United States were higher year-over-year in November, for the second consecutive month, as the average transaction price reached $48,724 — up $699 or 1.5 per cent from November 2023. The data was provided by Kelley …
As access to proper electric vehicle charging infrastructure becomes increasingly important, Nissan Canada has announced that drivers of its Ariya model now have access to 17,800 Tesla Superchargers within the Nissan Energy Charge Network (NECN), as of December 10. The …
When U.S. President-elect Donald Trump launched the threat of a 25 per cent tariff on all products entering the U.S. from both Canada and Mexico, the automotive industry took notice. While a lot of the focus has been on the …
Forty-nine out of the 50 electric vehicles analyzed by Vincentric in its 2024 Canadian EV Cost of Ownership Analysis were found to have lower ownership costs than their all-gasoline alternative. The company’s 2023 study found that 95 per cent of …
A sharper decline in pricing was observed in the Canadian used wholesale market for the week ending on November 7. Pricing was down -0.64% compared to the prior week’s -0.33%, and the 2017-2019 average of -0.30% for the same reporting …
A company found a way to alleviate range anxiety among consumers considering an electric vehicle, although the results may not be as successful in wintry weather as they would be in sunshine areas. DartSolar invented an expanding solar roof rack …
Canadian Black Book’s Used Vehicle Retention Index increased marginally in November, resting at 136.2 points compared to 136.0 in August, September, and October. Year-over-year, however, the index decreased -9.4%. “The Canadian market remains relatively stable heading towards the holiday season,” …
The latest J.D. Power Automotive Market Metrics are in, showing the percentage of total transactions over the past 12 months, per vehicle type, at 25% cash for new vehicles, 25% for leases, and 50% for loans. For used vehicles, the …
