May sales take a dive New-vehicle sales in Canada fell by 3.8 percent in May, compared to the same month a year earlier, but that number understates the severity of the sales drop-off. Until May, year-to-date sales had been up …
Used-market could decline over next few years Trade-ins provide the primary supply of used vehicles for dealerships to sell. But off-lease and off-fleet vehicles are major second- ary sources of used inventory. It’s no secret that both new-vehicle leases and …
Why aren’t small-car sales soaring? Gasoline prices have been rising steadily since last September. As this is written, Regular gasoline is running in the range of $1.28/litre in the Toronto area and if the current rate of increase continues, prices …
NADAguides has just released its NADAguides Annual Best Car Buys for 2011. The report is based on an in-depth scoring system developed by NADAguides using criteria that matters most to consumers including price, first-year depreciation value, fuel efficiency, warranty coverage, …
New-vehicle sales in Canada remained strong in April, following a record-setting March. Overall sales of 159,942 vehicles were up 6.9 percent from April 2010 and, for the second month in a row, the seasonally adjusted annual sales rate (SAAR) topped …
But still well above year-ago levels For the first time since May, 2010, the ADESA Canada Used Vehicle Price Index turned downward in January, weakening by approximately 0.3pts from December, seasonally adjusted. However, given the gains made over the past …
Sales flat through first two months While the new-vehicle market in the U.S. may not be booming, it is at least recovering strongly. Canadian sales for the first two months of the year, however, have been relatively flat. Year-to-date, through …
For the second-month in a row, Hyundai’s high-styled new Elantra was the top-selling car model in Canada in February, while Volkswagen’s new Jetta continued its advance on the sales charts. Ford’s F-150 remained atop the truck charts with the Dodge …
But new-vehicle dealers’ share is shrinking Canada is primarily a used-vehicle market and this trend continued in 2010 according to data released recently by DesRosiers Automotive Consultants. Used-vehicle sales of 2.89 million units – up 3.6 percent from 2009 – …
But low SAAR is cause for concern Based on January’s new-vehicle sales, the volatility in the Canadian market is far from over. For some brands, January set new records, while for others, sales were down dramatically. Overall Canadian sales were …
Five key factors are helping improve the outlook for U.S. car dealers and new vehicles sales will reach 12.9 million units in 2011, according to Paul Taylor, the chief economist of the National Automobile Dealers Association (NADA). Taylor made the …
Off-lease shortage will be short-term According to online auto auction company OPENLANE, 2010 marked a slow but steady road to economic recovery — a welcome change following the troubles the automotive industry experienced in late 2008 and throughout 2009. For …
