J.D. Power recently released the July edition of its Automotive Market Metrics for Canada, offering dealers some insight into how things fared last month. The report shows that loans represented 53% of total transactions for new vehicles over the past …
The Canadian used wholesale market saw a decline in prices for the week ending on July 29, at -0.27%, which is similar to the previous week’s -0.28% decline. In the United States, the overall car and truck segments decreased -0.37% …
A month into the second half of 2023, DesRosiers Automotive Consultants estimates that 140,942 new light vehicles were sold in Canada in July among reporting OEMs — up 8.0% from the same period last year. “Compared to the previous two …
Prices were down 0.28% in the Canadian used wholesale market for the period ending on July 22, which is less than the previous period and closer to the 2017-2019 average of the same week (-0.21%). According to Canadian Black Book’s …
Dealers keeping tabs on the Canadian used wholesale market may be interested to note the decline in the overall truck/SUV category, which is down 0.47% for the week ending on July 8 — compared to the prior week’s -0.43%. “Many …
The light vehicle market enjoyed another strong month of sales, this time for June 2023; DesRosiers Automotive Consultants (DAC) estimated the number of units sold to be 161,901 — an increase of 12.6% from the same month last year. “The …
This week’s decline in prices for the Canadian used wholesale market was 0.31% for the period ending on July 5, according to Canadian Black Books’ latest Market Insights report. The previous period saw prices fall 0.23%, while the 2017-2019 industry …
Retail sales of new and used vehicle dealers saw a dramatic split in performance during the first quarter of 2023 as the automotive aftermarket pushed forward, according to DesRosiers Automotive Consultants (DAC). New vehicle dealers managed a 9.3% increase, thanks …
On the provincial level, the new light vehicle sales performance remained varied for May 2023 despite the generally positive lean in the market, according to DesRosiers Automotive Consultants (DAC). “While the market has begun to demonstrate broad-based improvements in new …
The Canadian used wholesale market experienced a price decrease of 0.36% for the week ending on June 17 — a notable amount when compared to the prior week’s -0.10% and even the 2017-2019 average of -0.19%. Canadian Black Book said …
The average transaction price for a new vehicle in the United States was up to $48,528 in May 2023, representing a month-over-month increase of 0.5% ($251) from Kelley Blue Book’s revised April reading of $48,277. During this period, incentives continued …
Dipping a little lower this week, the Canadian used wholesale market saw prices reach -0.12% for the period ending on May 27 — down 0.06% more than the previous market insights provided by Canadian Black Book. Overall car segment prices …
