Canadian automotive trade has exceeded $200 billion, according to DesRosiers Automotive Consultants (DAC). Product imports and exports dropped 23.3% and 23.2%, respectively, in dollar value for 2020, but sharply rebounded since 2022; imports climbed 21.1% in 2023 from a year …
Lots of variation was observed in May, where provincial sales performance is concerned. New light vehicle sales increases were observed in all Canadian provinces, ranging from as low as an estimated +1.4% in Ontario to a stronger +27.5% in Newfoundland, …
In looking at consumer price index data from key parts of the automotive industry, DesRosiers Automotive Consultants found that April 2024 painted a picture of increases — for the most part. “Leading the gains was insurance premiums, the CPI for …
May new light vehicle sales in Canada came in at 169,000 units as estimated by DesRosiers Automotive Consultants — a far cry, but nevertheless a step in the right direction, when considering that pre-pandemic May 2019 sales came in at …
For many graduates of the Automotive Business School of Canada programs, getting involved in the Georgian College Auto Show is one of the highlights of their education. A new batch of students will be creating those memories today and over …
Retail sales returned to stability for the first quarter of 2024 with a performance that DesRosiers Automotive Consultants described as decidedly muted across the Canadian automotive industry. “Gasoline stations saw some pullback as a result of falling gas prices, down …
DesRosiers Automotive Consultants has raised a flag in noting that the Canadian new light vehicle market started to show early signs of concern. They said the luxury market is in negative territory, year-to-date, and that there is notable variance appearing …
Dealers keen on tracking aftermarket progress may be interested to know that overall gas consumption for 2023 was nearly 43 million cubic metres — 17.3% above the lowest point seen in the 2020 pandemic year, and 1.1% above 2019 results. …
Dealers in Canada may remember that April 2023 was the weakest month of that year from an automotive sales standpoint, suffering a lacklustre SAAR of 1.48 million units. This year the story is different. New light vehicle sales have increased …
The latest update from DesRosiers Automotive Consultants concerning provincial new light vehicle sales reveals that the Atlantic provinces enjoyed significant spotlight success in March 2024. Compared to a national average, sales were up 9.2% for the month — with Prince …
New Canadian light vehicle sales were split at the segment level for the first quarter of 2024, as DesRosiers Automotive Consultants observed an increase of 18.7% for the mass market category, and a decrease of 7.3% for luxury. In its …
Canadian light vehicle sales for March 2024 are in and appear to be both “hot” and “cold,” according to DesRosiers Automotive Consultants (DAC). They described the 9.2% market gain from last month as “anticlimactic,” as it followed February’s 24.4% gain …
