Sales reports

Used prices rebound in August

Used prices rebound in August

October 21, 2010 at 2:27 pm Comments are Disabled

Seasonally-adjusted price index continues to climb ADESA Canada’s Used Vehicle Price Index for August strengthened by approximately 0.6 points from July, seasonally adjusted, as actual prices turned upward. After five consecutive months of softening, price support finally came in August. The main factor behind that support was reduced resale levels. […]

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Optimism curtailed by August sales

Optimism curtailed by August sales

October 21, 2010 at 2:23 pm Comments are Disabled

So-so month leaves balance of the year in doubt It seems as if it’s just not possible to put together more than two consecutive months of good sales in 2010. After a couple months, June and July, with SAARs (Seasonally Adjusted Annual Rates)  above 1.60 million, August’s sales fell back […]

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Volume and prices down in July

Volume and prices down in July

September 21, 2010 at 3:29 pm Comments are Disabled

But seasonally-adjusted price index continues to climb ADESA Canada’s Used Vehicle Price Index strengthened by approximately 0.8pts from June, seasonally adjusted. True to ALG’s forecast, auction prices continued to show weakness, but not at the level seasonally expected, causing the Index to climb. Although auction volume dropped by 28 percent, […]

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Summer sales take an upturn

Summer sales take an upturn

September 21, 2010 at 3:23 pm Comments are Disabled

Strong July sales tip the scales to a more optimistic outlook For the first time since early in the year, it’s beginning to look like 2010 sales could surpass the analysts’ initial forecasts. Based on results through July, Scotiabank senior economist Carlos Gomes has raised his full-year 2010 sales forecast […]

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Another drop in Used Vehicle Price Index

Another drop in Used Vehicle Price Index

May 21, 2010 at 3:10 pm Comments are Disabled

High dollar and consumer debt are contributing factors The ADESA Canada Used Vehicle Price Index fell for the fourth consecutive month in February, although its rate of decline was lower than during the past three months. It currently sits about where it was a year ago, although it is heading […]

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February sales suggest turnaround is at hand

February sales suggest turnaround is at hand

May 21, 2010 at 3:03 pm Comments are Disabled

The question is, “Is it sustainable?” February’s new-vehicle sales in Canada were not only up by 24.9 percent over the same month last year – which was a very low base for comparison – they were up by 2.7 percent over the average for the past five years. That’s the […]

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Used Vehicle Price Index continues to fall

Used Vehicle Price Index continues to fall

April 21, 2010 at 6:15 pm Comments are Disabled

Third consecutive month of decline The ADESA Canada Used Vehicle Price Index for January, prepared by ALG Canada, reflected a weakening of approximately one percentage point from December, seasonally adjusted. Overall auction values were flat as the expected seasonal improvement did not materialize. A third consecutive monthly decline in resale […]

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Cautious optimism is the mood for 2010

Cautious optimism is the mood for 2010

April 21, 2010 at 5:50 pm Comments are Disabled

January sales up from 2009 but down from historic norm There was good news and bad in Canada’s new-vehicle sales results for January. While overall sales were up 6.2 percent from the very low base of January 2009 (which also had two fewer selling days), they were down 6.5 percent […]

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