automotiveMastermind, a provider of predictive analytics and marketing automation solutions for dealers and OEMs, has made some changes to its leadership team. The company hired two new executives — one of them being Charity Taylor, who will take on the …
The first six months of the year may have been a complete disaster, due largely to the novel coronavirus pandemic — but there are some positive signs, according to Canadian Black Book’s most recent COVID-19 Auto Industry Update. Starting with …
It has been a busy week since Canadian Black Book’s latest COVID-19 Auto Industry Update was released, and there have been a lot of downs since last week. But there has also been some noteworthy improvement. On the down side …
“Spring selling season” may not live up to the usual expectations of Canadian auto dealers this year due to the pandemic, but there has been strong and consistent feedback from dealers that June is going well for them, according to …
Canadian Black Book’s Vehicle Retention Index, which focuses on 2-6 year-old vehicles, declined by 5.3 points in May (5.0% year-over-year) and 3.2 points from the previous month in April (3.1% month-over-month). Since March, the index has declined 7.8 points and …
Wholesale prices continued its slow decline in Canada while all car segments of 2-8 year-old vehicles declined by 0.58%, according to Canadian Black Book’s latest COVID-19 automotive market weekly update. That decline is similar to last week’s 0.60% drop for …
The latest update from Canadian Black Book indicates that wholesale prices slowly declined, car segments for 2-8 year-old vehicles slipped 0.60%, and trucks, SUVs and crossovers fell by 0.85%. The news comes as no surprise for anyone that has been …
In its latest COVID-19 Automotive Market update, Canadian Black Book reveals its retention index declined an additional 3.20 points in May (close to April’s record decline), thanks in large part to lower consumer confidence and high levels of market uncertainty. …
Brian Murphy, VP, Research & Analytics at Canadian Black Book, explores the good, the bad and the ugly where the auto industry, and auto retail, is concerned, covering everything from new and used vehicles to residual values, auctions and recession …
Canadian Black Book’s Retained Value Index set a record loss, for the first time in a long time, in April. The index revealed a strong positive trend for more than a decade, but the negative impact on values in the …
Canadian Black Book has released its latest update on COVID-19 and the automotive industry — and this time, there is some good news mixed in with the less-than-ideal projections. After a period of closure, Ontario and Quebec dealerships (outside the …
Canadian Black Book’s latest COVID-19 auto sector update, on April 22, reveals an increase in wholesale auction activity in Canada. ADESA, for example, opened its auctions across Canada (save for Ontario and Quebec) and are operating as simulcast only. However, …
