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 …
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 …
