The Canadian used wholesale market saw its largest decline in prices yet, at –1.56%, for the period ending on Dec. 2. The prior week’s decline was only -0.38%, and Canadian Black Book’s Market Insights data indicates that the 2017-2019 average …
November new vehicle sales in the United States are projected to jump 10.2% from a year ago thanks to record-level consumer spending, according to a joint forecast from J.D. Power and GlobalData. They are anticipating that new-vehicle sales for the …
New light vehicle sales showed a notable increase across all provinces in October, based on data reviewed by DesRosiers Automotive Consultants from reporting manufacturers. The majority of provinces experienced a sales growth that surpassed 20% when compared to the same …
The Canadian used wholesale market experienced a steeper drop in prices of -1.11% for the week ending on November 18, according to Canadian Black Book’s Market Insights report. The decline is notable as the prior week showed a decrease in …
The Canadian used wholesale market saw prices slip -0.66% for the period ending on Nov. 11, down further from last week’s -0.52% and the 2017-2019 average of -0.36% for the same week. As Canadian Black Book noted in its Market …
Electric vehicles are growing in popularity in the United States as prices continue to fall and technology improves, according to a new survey from FormRush. Key insights from November 2023 show that there are currently 2,442,300 EV owners in the …
This week dealers will see that the Canadian used wholesale market experienced a decline in prices of -0.52% for the period ending on Nov. 4, which is notably more than the prior week’s -0.27% decrease. That is according to Canadian …
There have been 12 consecutive months of sales increases so far this year, compared to 2022. The last time something like this occurred was in November 2015, which saw a noteworthy 32-month run of year-over-year sales increases. That is according …
This week, for the period ending on Oct. 28, the Canadian used wholesale market experienced a decline in prices of -0.27%. That is compared to the previous reporting period of -0.47% and a 2017-2019 average (for the same week) of …
Provincial new light vehicle sales among reporting OEMs were notably positive last month, September 2023, when sales increases were widespread across Canada. That is according to DesRosiers Automotive Consultants; its latest update shows that all provinces experienced double-digit increases, with …
Looking at the Canadian used wholesale market for the period ending on Oct. 14, dealers will notice a decline in prices of -0.22%, which is similar to the previous week’s update from Canadian Black Book of -0.24%. The car segment …
Luxury sports cars took the lead in DesRosiers Automotive Consultants’ third-quarter segment sales update, gaining 45.5% year-to-date. The Canadian new light vehicle market has enjoyed 11 consecutive months of year-over-year sales increases. The result is an estimated year-to-date sales increase …
