A forecast from DesRosiers Automotive Consultants predicting that 2023 may be one of those rare years in which we see an increase in vehicle sales, while also experiencing a broader economic recession, is looking decidedly on track. According to DAC, …
Canadian used wholesale market prices have not slowed, with prices down -0.26% for the week ending on Sept. 2 compared to the prior week’s -0.30%, according to Canadian Black Book’s latest Market Insights report. The car segment was down -0.09% …
The Canadian used wholesale market experienced a decline in prices of -0.30% for the week ending on August 26, compared to the prior week’s decline of -0.20% and the 2017-2019 average of -0.23% for the same period. (In the United …
The Canadian used wholesale market was down slightly for the period ending on August 5, having declined -0.19% compared to the prior week’s -0.27%. The car segment, according to Canadian Black Book, fell by -0.01% and truck/SUV segment prices were …
J.D. Power recently released the July edition of its Automotive Market Metrics for Canada, offering dealers some insight into how things fared last month. The report shows that loans represented 53% of total transactions for new vehicles over the past …
The Canadian used wholesale market saw a decline in prices for the week ending on July 29, at -0.27%, which is similar to the previous week’s -0.28% decline. In the United States, the overall car and truck segments decreased -0.37% …
A month into the second half of 2023, DesRosiers Automotive Consultants estimates that 140,942 new light vehicles were sold in Canada in July among reporting OEMs — up 8.0% from the same period last year. “Compared to the previous two …
Prices were down 0.28% in the Canadian used wholesale market for the period ending on July 22, which is less than the previous period and closer to the 2017-2019 average of the same week (-0.21%). According to Canadian Black Book’s …
Dealers keeping tabs on the Canadian used wholesale market may be interested to note the decline in the overall truck/SUV category, which is down 0.47% for the week ending on July 8 — compared to the prior week’s -0.43%. “Many …
The light vehicle market enjoyed another strong month of sales, this time for June 2023; DesRosiers Automotive Consultants (DAC) estimated the number of units sold to be 161,901 — an increase of 12.6% from the same month last year. “The …
This week’s decline in prices for the Canadian used wholesale market was 0.31% for the period ending on July 5, according to Canadian Black Books’ latest Market Insights report. The previous period saw prices fall 0.23%, while the 2017-2019 industry …
Retail sales of new and used vehicle dealers saw a dramatic split in performance during the first quarter of 2023 as the automotive aftermarket pushed forward, according to DesRosiers Automotive Consultants (DAC). New vehicle dealers managed a 9.3% increase, thanks …
