Automotive retailers in Canada are increasingly focused on running efficient operations; as new vehicle supply remains low and interest rates continue to climb. That was evident in J.D. Power’s recently released 2023 Canada Dealer Financing Satisfaction Study, which found that …
Dealers may be interested to know that used vehicle prices, which continue to decline in the Canadian wholesale market, are now down 0.06% for the week ending on May 20. Canadian Black Book’s latest Market Insights report reveals that the …
A snapshot from DesRosiers Automotive Consultants of how April 2023 new light vehicle sales fared on a provincial level reveals a mix of increases and decreases. “Sales varied province to province in April, with no clear broader regional bias, highlighting …
After months of new-vehicle transaction prices in the United States holding above the average MSRP, prices are now trending down. That is according to data released by Kelley Blue Book, which found that the average price consumers paid dropped to …
Canadian Black Book’s latest Market Insights report reveals another decline in prices for the country’s used vehicle wholesale market, this time for the week ending on May 16. Dealers may be interested to note that overall prices for the market …
The Canadian used vehicle market experienced a decline of -0.04 for the week ending on April 29 — up from -0.09% the prior week and the 2017-2019 average of -0.15% for the same period. The data was provided by Canadian …
Wholesale prices for the Canadian used vehicle market were down -0.09% for the week ending on April 22 — more than the previous week’s -0.05%, but less than the 2017-2019 average of -0.12%, according to Canadian Black Book. Its latest …
While the Canadian used vehicle wholesale market was down -0.05% for the week ending on April 15, overall car segments were up on average by the same percentage. The data was pulled from Canadian Black Book’s latest automotive Market Insights, …
New-vehicle sales in Canada improved in both March and the full first quarter of 2023, relative to the same periods a year ago. But those improvements were marginal and they continue to disappoint, failing to signal any imminent upturn in …
Cox Automotive is forecasting that first quarter new vehicle sales volume will increase by nearly 6 per cent, year-over-year, to reach 3.5 million units. In a news release, the company said that the sales volume in March (the end of …
New cars continue to be priced well above MSRP, even as the supply chain slowly improves, and despite rising economic concerns that typically dampen consumer demand for large ticket items. A new iSeeCars study found manufacturer pricing for new cars …
The Canadian used wholesale auto market was down -0.22%, according to Canadian Black Book. The 2017-2019 average was also -0.21%. The Canadian wholesale market for used cars was down -0.21%, and trucks were also down similar to last week at …
