Low sales and inventory, high prices and profits is the continued situation for dealers in the U.S., a condition that will probably persist into the new year, says a new joint forecast from J.D. Power and LMC Automotive. “Traditionally, August …
The wholesale market as a whole continues to moderately decline, down -0.37%, more than the 2017-2019 average, which was -0.24%, according to Canadian Black Book. The Canadian wholesale market for used cars Cars was down -0.35% and trucks were down …
Prices declined 0.29% this week in the Canadian used vehicle wholesale market, with the car segment down 0.14% (versus -0.18% last week) and trucks/SUV prices falling 0.44% (versus -0.34% last week), according to the latest Market Insights from Canadian Black …
After four months of sales in the range of 140,000 units/month – well below traditional norms—new-vehicle sales in Canada fell even further in July, 2022. Sales of 130,480 vehicles, as estimated by DesRosiers Automotive Consultants (DAC), were down 16.2% from …
It may be a bumpy ride, but there’s a light at the end of the semiconductor shortage tunnel, according to a recent update from DesRosiers automotive. The report refers to the near term outcome of the shortage as a “U2 …
Wholesale used car prices have continued to mildly decline from their historical high numbers set in March, Canadian Black Book reported this week. For the week ending July 29, the market as a whole was down -0.28%, with cars down …
The wholesale market as a whole continues to slightly decline, down -0.26%, more than the 2017-2019 average, which was -0.21%, according to Canadian Black Book. The Canadian wholesale market for used cars was down -0.40%, compared to being down -0.22% …
June new auto prices in the US soared to a record high of over $48,000 USD, reported the latest data release from Kelley Blue Book. The new-vehicle ATP increased to $48,043, overtaking the previous high of $47,202 set in December …
The wholesale market as a whole continues to slightly decline, down -0.22%, but less than the the 2017-2019 average, which was -0.27%, according to Canadian Black Book. The Canadian wholesale market for used cars and trucks was equal, both down …
While some automakers have reported that the now-chronic supply chain issues impeding production are beginning to ease, there is no evidence of any improvement reflected in Canadian vehicle sales through the first half of 2022. June’s sales of 143.773 new …
The wholesale market as a whole continues to slump, down -0.23%, well below the same level as the 2017-2019 average, which was -0.10%, according to Canadian Black Book. The Canadian wholesale market for used cars was down -0.25%, and trucks …
The shortage of inventory continues to have a depressing effect on the sales figures for 2022, deflating June sales numbers to below what the industry was experiencing at the beginning of the pandemic when everyone was in lockdown. A new …
