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 …
This week, the Canadian used wholesale market experienced a decline in prices for the week of -0.55%, which is slightly less than the prior week’s -0.70% but steeper than the 2017-2019 average of -0.23%. According to Canadian Black Book’s latest …
For the dealers that are interested, DesRosiers Automotive Consultants worked with its colleagues at the Automotive Aftermarket Retailers of Ontario (AARO) to collect industry feedback on how the Canadian automotive aftermarket performed in 2023, along with an outlook for …
The last time the Canadian automotive market saw a sales increase as large as was observed last year was in 1997, according to DesRosiers Automotive Consultants. In its Canadian December sales update, DAC said final sales for 2023 from reporting …
Although news of new vehicle sales units are in for December 2023, it is also worth keeping an eye on the Canadian used wholesale market — which saw a decline in prices of -0.54% for the week ending on Dec. …
Cox Automotive released its December sales forecast for the United States and anticipates that the automotive industry will end 2023 with an increase of more than 11% year-over-year. It also foresees General Motors retaining its top spot, and Hyundai Motor …
The automotive forecast in the United States for the month of December, in terms of total new vehicle sales that include both retail and non-retail transactions, is expected to reach 1,396,700 units, according to a joint forecast from J.D. Power …
