Used vehicle wholesale prices remained relatively flat this week for the Canadian market, down slightly by 0.04% for the week ending on March 4, according to Canadian Black Book. Last week it was up 0.03%, while the industry average between …
Canadian automotive retail sales experienced “significant” increases throughout 2021, according to a year-end review from DesRosiers Automotive Consultants (DAC). “In almost all cases this was driven primarily by higher prices per unit—rather than booming unit volumes,” said Andrew King, Managing …
The Canadian used wholesale market remains relatively flat—this time up 0.09% for the week ending on March 4, compared to the previous week’s increase of 0.03%, according to Canadian Black Book. The truck/SUV segment out-performed the car segments, slightly, for …
The Canadian used vehicle wholesale market remains relatively flat—up only 0.09% for the week ending on February 25, according to Canadian Black Book’s latest update. The market average from 2017-2019 for the same week was -0.14%. The overall car segment …
Dealers can derive big benefits from their certified pre-owned vehicle programs Lexus and Mercedes-Benz were the first to offer certified pre-owned (CPO) programs back in the 1990s, but today almost every OEM has jumped on the bandwagon. While the details …
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 …
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 …
But new-vehicle dealers’ share is shrinking Canada is primarily a used-vehicle market and this trend continued in 2010 according to data released recently by DesRosiers Automotive Consultants. Used-vehicle sales of 2.89 million units – up 3.6 percent from 2009 – …
Off-lease shortage will be short-term According to online auto auction company OPENLANE, 2010 marked a slow but steady road to economic recovery — a welcome change following the troubles the automotive industry experienced in late 2008 and throughout 2009. For …
Seasonally-adjusted price index on a five-month climb ADESA Canada’s Used Vehicle Price Index for continued to climb through September, increasing by approximately 0.5 points from August, seasonally adjusted. “As we closed out 3Q10, the number of units going through auction …
Seasonally-adjusted price index continues to climb ADESA Canada’s Used Vehicle Price Index for August strengthened by approximately 0.6 points from July, seasonally adjusted, as actual prices turned upward. After five consecutive months of softening, price support finally came in August. …
But seasonally-adjusted price index continues to climb ADESA Canada’s Used Vehicle Price Index strengthened by approximately 0.8pts from June, seasonally adjusted. True to ALG’s forecast, auction prices continued to show weakness, but not at the level seasonally expected, causing the …
