New vehicle prices in the United States jumped two per cent ($749) year-over-year in July, while also decreasing 1.2 per cent ($473) from the previous month, according to the valuation analysts at Kelley Blue Book. They also estimate that the …
As COVID-19 cases continue to climb in the United States, automotive digital marketing platform PureCars released a report meant to provide insight into the current situation for dealers and help get them through the remaining summer period. Jeremy Anspach, Founder …
Canadians and Americans are taking shorter road trips this summer as they attempt to remain closer to home. Recent data from Turo, in which the peer-to-peer car sharing network looked at Quebecer travelling habits during Construction Holiday, the company found …
Daimler will stop building Mercedes-Benz sedans in the U.S. and Mexico in an effort to cut costs and streamline production amid the pandemic. “The German automaker made the announcement when revealing that it is shaping up to post an operating …
An engine shortage in Mexico may force Ford to shut down vehicle production at certain plants in the U.S. “Due to COVID-19, the State of Chihuahua in Mexico has limited employee attendance to 50%, a region in which we have …
New rules embedded in the United States-Mexico-Canada Agreement (USMCA) will make it difficult for Canadian dealers exporting used vehicles to the U.S. to prove that the vehicles meet the necessary requirements under the new rules of origin. The USMCA implementation …
In its latest report, Cox Automotive found that U.S. consumers continue to delay buying and servicing vehicles, and inventory shortfalls are starting to impact price discounts offered by dealers. The report released in mid-June — COVID-19: Tracking U.S. Consumer and …
It’s official: Canadian Prime Minister Justin Trudeau will not be attending a meeting in Washington, D.C. to celebrate the start of the new NAFTA trade deal. “While there were recent discussions about the possible participation of Canada, the prime minister …
California can still lead the U.S. and the world on electric vehicles despite the Trump administration’s attempts to fight these efforts. California has established air and climate partnerships with officials from China and the European Union, and its agencies run …
Canadian Prime Minister Justin Trudeau is on the fence about visiting Washington D.C. to celebrate the new NAFTA agreement. “We’re obviously concerned about the proposed issue of tariffs on aluminum and steel that the Americans have floated recently,” said Trudeau. …
Cox Automotive is forecasting a decline in auto sales of 24.2% in the U.S. during the first half of 2020, although June is anticipated to be another small step back to some semblance of normalcy. The seasonally adjusted annual rate …
U.S. new vehicle prices jumped $1,141 (3.1%) in June, year-over-year, while increasing $160 (0.4%) from last month, according to Kelley Blue Book. They estimate that the average transaction price for a light vehicle in the U.S. was $38,530 during that …
