It appears the dealership software breach that occurred in the second half of June had a clear impact on sales, along with regional implications, that affected provincial figures for the month. According to DesRosiers Automotive Consultants, the overall June sales …
The Canadian used wholesale market experienced a decline in prices of -0.37% for the week ending on July 23. This is compared to the prior week’s not-far-off -0.41%, and the 2017-2019 average of -0.21% for the same period. The car …
May new light vehicle sales in Canada came in at 169,000 units as estimated by DesRosiers Automotive Consultants — a far cry, but nevertheless a step in the right direction, when considering that pre-pandemic May 2019 sales came in at …
The rollercoaster continues with prices in the Canadian used wholesale market slipping to -0.31% from the prior week’s -0.23%. According to Canadian Black Book, the car segment fell by -0.19% during the week ending on June 1, compared to the …
Declines in prices for the Canadian used wholesale market is less than the prior week — including for the overall car and truck/SUV segments, according to Canadian Black Book’s latest report covering the week ending on May 25. The market …
A recent forecast from Cox Automotive indicates that May new vehicle sales in the United States should be an improvement from a year ago, thanks to increased inventory levels resulting in more appealing incentives. However, the company also noted that …
April retail sales in the United States were flat this time around, as automotive underperformed the rest of the market. That is according to Cox Automotive’s Auto Market Weekly Summary, which is provided by the company’s Chief Economist Jonathan Smoke. …
DesRosiers Automotive Consultants has raised a flag in noting that the Canadian new light vehicle market started to show early signs of concern. They said the luxury market is in negative territory, year-to-date, and that there is notable variance appearing …
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. …
