In Canadian Black Book’s September 9 COVID-19 update, the company reveals wholesale prices are still rising, though less quickly, the Truck and Car segments increased mildly in value compared to previous weeks, and the Canadian dollar was up $0.003 last …
Wholesale used vehicles prices were stronger this week, with the car segment up by a record 0.35%, and trucks by 0.49% — their third largest gain in the last two years, according to Canadian Black Book’s COVID-19 Market Update for …
The ninth annual edition of the TalkAuto Canada Conference will be held online on November 16, 2020, and will once again be hosted by Canadian Black Book and J.D. Power. In keeping with COVID-19 physical distancing standards, the 2020 TalkAuto@Home …
The Canadian economy remains in recession with an anticipated 5.1% real GDP growth expected to return in 2021; unemployment is forecasted to be around 7.7% by the end of the year (pending a second wave of COVID-19); and consumer confidence …
Wholesale used vehicle price trends in Canada remained strong on the car side, while showing significant increases on the truck side, according to Canadian Black Book’s latest COVID-19 Weekly Automotive Market Update. On the heels of a mild 0.04% decline …
Canada exported nearly 300,000 used vehicles to the U.S. in 2019, based on data from DesRosiers Automotive Consultants (DAC). The automotive export community has enjoyed strong and large profits. However, Canada is the smaller market with less influence and the …
The Index of Consumer Confidence jumped 2.8 points in July to reach 82.5 (a positive sign for potential car-buying) while wholesale prices remained relatively stable, according to Canadian Black Book’s latest update for the first week of August. The truck/SUV/crossover …
After months of bad news and hints of good to come, Canadian Black Book’s COVID-19 market update for August 5, 2020 finally offers information and insights auto retailers can appreciate. July, for example, was an impressive month for new car …
Canadian Black Book (CBB) released data for the week of July 28th showing small week by week gains that may indicate a slow strengthening across the industry. The report noted that the small weekly gains they’ve been tracking will make …
Wholesale values are stabilizing and true market demand will make itself known in the weeks or months ahead. These are the latest key observations from Canadian Black Book pulled from its weekly COVID-19 update released on July 21. Entering the …
Last week the federal government provided a fiscal snapshot revealing the extent of pandemic-related damage on the Canadian economy — and the damage was apparent in various areas. According to Canadian Black Book’s latest COVID-19 update, the expectation is that …
Canadian Black Book’s Used Vehicle Value Retention Index for the month of June revealed some segment gains as values remained flat. From February to May values fell by 7.8 points or 7.2%, but June marked a shift in the trend. …
