So far, 2011 has been a roller coaster year for the auto industry, with numerous events influencing consumers’ auto shopping habits. From gas prices that have risen and fallen in the span of a few months to natural disasters that …
New-vehicle sales in Canada were up by 3.2 percent in August, compared to the same month last year. But the SAAR (Seasonally Adjusted Annual Rate) fell for the second month in a row, down to 1.57 million units, after hitting …
Strong luxury brands are a hedge against tough times While cumulative new-vehicle sales in Canada are up marginally in 2011 from year-ago figures, the month-to-month volatility in the market is enough to get a dealer hooked on Maalox. But there …
After setting a new SAAR (Seasonally Adjusted Annual Rate) high for the year in June, new-vehicle sales in Canada plunged again in July continuing the topsy-turvy ride that has characterized the year to date. That’s no surprise to those in …
New-vehicle sales in Canada bounced back strongly in June to the highest SAAR (Seasonally Adjusted Annual Rate) in a year, following May’s precipitous plunge to the lowest volume for the month since 1997. May’s SAAR was just 1.4 million while …
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 …
