Forty-four per cent of Canadian car buyers are likely to consider buying an electric vehicle — up 15% from 2022, according to a recent study developed by Canadian Black Book and conducted by Ipsos. Although 56% are still not leaning …
Canadian Black Book’s latest Market Insights report reveals another decline in prices for the country’s used vehicle wholesale market, this time for the week ending on May 16. Dealers may be interested to note that overall prices for the market …
The Canadian used vehicle market saw another decline in prices, this time at -0.08%, according to Canadian Black Book’s latest Market Insights report. It is worth noting that several segments experienced a less than $60 change in average value …
The Canadian used vehicle market experienced a decline of -0.04 for the week ending on April 29 — up from -0.09% the prior week and the 2017-2019 average of -0.15% for the same period. The data was provided by Canadian …
While the Canadian used vehicle wholesale market was down -0.05% for the week ending on April 15, overall car segments were up on average by the same percentage. The data was pulled from Canadian Black Book’s latest automotive Market Insights, …
The Canadian used wholesale market experienced a slight decline in prices of -0.05% for the week ending on April 11. It was more than the previous week’s -0.03% decline, but significantly less than the 2017-2019 average of -0.13% for the …
Canadian auto dealer Senior Editor Todd Phillips interviews Daniel Ross, Canadian Black Book’s Senior Manager, Industry Insights & Residual Value Strategy, about the results of the company’s second annual Residual Value Awards. Ross explains how they differ from CBB’s Retained …
Canadian Black Book’s Used Vehicle Retention Index now sits at 158.0 points for March 2023 — up slightly, when compared to last month’s 157.9 points. “The Canadian wholesale market continues to show overall stability as the economy continues to show strength …
Canadian Black Book recently announced its 2023 Best Residual Value Awards, which includes 16 vehicle categories and five overall brand categories. This is the second year that CBB is presenting these awards, with 2023 highlighting some intriguing trends around electric …
Prices declined in the Canadian used wholesale market by 0.20% for the week ending on March 21, according to Canadian Black Book’s latest Automotive Market Update. Car segments were down 0.15% this week (compared to -0.21% the previous week), while …
The Canadian used wholesale auto market was down -0.22%, according to Canadian Black Book. The 2017-2019 average was also -0.21%. The Canadian wholesale market for used cars was down -0.21%, and trucks were also down similar to last week at …
On Monday, Canadian Black Book released its Used Vehicle Retention Index for February 2023, which sits at 157.9 points (a –0.2% MOM decrease). Year-over-year, the Index has decreased –3.5%. The Index dates to January 2005, where the Canadian Black Book …
