This week’s reported decline in Canadian used wholesale market prices dipped to -0.44% for the period ending on May 4, according to Canadian Black Book’s latest Market Insights report. As a reminder, the prior week’s decrease was -0.27%, while the …
Dealers in Canada may remember that April 2023 was the weakest month of that year from an automotive sales standpoint, suffering a lacklustre SAAR of 1.48 million units. This year the story is different. New light vehicle sales have increased …
The state of April new vehicle sales in the United States has accelerated as available inventory and higher incentives keep the market going, although it remains below Cox Automotive’s forecast — even with strong sales performance by Toyota and Lexus. …
The Canadian used wholesale market experienced a decline in prices of -0.27% for the week ending on April 27, ending the month with a slight increase from the prior week’s -0.36%, according to Canadian Black Book latest Market Insights report. …
The latest update from DesRosiers Automotive Consultants concerning provincial new light vehicle sales reveals that the Atlantic provinces enjoyed significant spotlight success in March 2024. Compared to a national average, sales were up 9.2% for the month — with Prince …
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). …
