A somewhat interesting thing occurred in the Canadian used wholesale market: while prices did decline, at -0.36% for the week ending on April 20, the overall market, car segment, and truck/SUV segment declines were all similar and hovered close to …
March new vehicle average transaction prices in the United States slipped 1% from February and were also lower year-over-year by 2.7%, according to Kelley Blue Book. When calculating the average from December 2022, a peak period, prices are now down …
This week, Canadian Black Book’s latest Market Insights update reveals that the used wholesale market experienced a decline in prices of -0.34% for the week ending on April 13 — close to the prior week’s -0.36%, though inching further from …
Returning from the long weekend, dealers may be interested to note that the Canadian used wholesale market saw a decline in prices of -0.17% for the week ending on March 30, according to Canadian Black Book. That is right in-line …
Last year sales per dealership franchise rose to the highest level since the start of the pandemic, according to DesRosiers Automotive Consultants. In a recent update, DAC described the 2023 new light vehicle market in Canada as having experienced consistent …
The Canadian used wholesale market experienced a decline in prices of -0.23% for the week ending on March 23. That is a stone throw away from the prior week’s -0.26%, but pulls away from the 2017-2019 average of -0.09% for …
February was an important month for the Canadian new light vehicle sales market, which saw Ontario lead the way thanks to an estimated 35.3% increase in sales compared to the same period last year, according to DesRosiers Automotive Consultants (DAC). …
Of note this week: the Canadian used wholesale market experienced a decline in prices of -0.26% for the week ending on March 16, which is lower than the prior week’s -0.31% and slightly closer to that 2017-2019 average of -0.13% …
The Canadian used wholesale market, which saw prices decline -0.31% for the week ending on March 9, now moves away from the prior week’s decrease of -0.55% and closer to the 2017-2019 average of -0.21% for the same period. That …
The Canadian used wholesale market experienced a decline in prices of -0.55% for the week ending on March 2. This means the decline was more than the prior week’s -0.39%, and also more than the 2017-2019 average of the same …
Loans represented 53% of total transactions for new vehicles over the past 12 months, while cash was 26% and 21% were leases, according to J.D. Power’s Canada Automotive Market Metrics for February 2024. The report, recently released, shows that loans …
Dealers may be interested to learn that all Canadian provinces saw significant growth in new light vehicle sales last month, according to DesRosiers Automotive Consultant’s latest update on the market. “The provinces all saw a strong start to the year …
