The recovery continues as Canadian automotive assembly grew by more than 300,000 units between 2022 and 2023, according to DesRosiers Automotive Consultants. Based on DAC’s latest update, four out of five light vehicle OEMs experienced growth last year. Toyota led …
This time around, the Canadian used wholesale market experienced a decline in prices of -0.70% for the week ending on Feb. 10, according to Canadian Black Book. Last week it was -0.42%, and the 2017-2019 average for the same week …
For months, organizers of the CADA Summit 2024 were urging dealers to register for the event before it sold out. True to form, the jam-packed conference opened this morning at the Metro Toronto Convention Centre in Ontario as one of …
Canadian auto dealer Senior Editor Todd Phillips interviews Jason Campbell, General Manager of the Canadian International AutoShow, about this year’s show that kicks off Feb. 14 with events like the CADA Summit, Media Day and VIP night on Feb. 15, …
A Canadian initiative that analyzed the economic impact of the auto industry’s shift from producing internal combustion engine vehicles to battery electric found that Canada has a lot at stake as it adjusts to a more zero-emissions future. In a …
Canadian car sales could be hit hard in a few years due to mortgage renewal interest rates, according to two automotive financial experts. Robert Karwel, Senior Manager for Automotive Practice in Canada at JD Power, and Scotiabank Economic Analyst John …
The Canadian Black Book Used Vehicle Retention Index decreased for the eighth consecutive month in January, when it sat at 144.8 points — representing a 1.4% month-over-month decrease. Year-over-year, the index has slipped 8.5%. Based on CBB’s update, the index …
For a long while, auto industry groups and insurers were the lone voices decrying the lack of action as auto thefts continued to rise at unprecedented rates, with a vehicle being stolen in Canada every five minutes. The Ontario government …
Drivers are experiencing lower levels of vehicle dependability after only three years of ownership, a new study from J.D. Power reveals. Released on Feb. 8, the J.D. Power 2024 U.S. Vehicle Dependability Study (VDS) indicates that the significant number of …
Canada’s Forest Trust Corporation appointed Monte Weis as National Advisor of its automotive division and is partnering with him to broaden and enhance the reach of its Climate Protection Plan for dealerships, OEMs, and motorists. In a news release, CFT …
More than 23,000 automotive retailers and industry stakeholders were present at the NADA Show 2024, an annual event run by the National Automobile Dealers Association. One noteworthy takeaway from the show was Cox Automotive President Steve Rowley’s presentation of the …
For the dealers that are interested, DesRosiers Automotive Consultants worked with its colleagues at the Automotive Aftermarket Retailers of Ontario (AARO) to collect industry feedback on how the Canadian automotive aftermarket performed in 2023, along with an outlook for …
