New light vehicle sales at the provincial level varied notably, even as sales on a national level shows an impressive increase.That is according to DesRosiers Automotive Consultants (DAC) latest update, which found that Québec led the market with an estimated …
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, …
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 …
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 …
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 …
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 …
On the provincial level, the new light vehicle sales performance remained varied for May 2023 despite the generally positive lean in the market, according to DesRosiers Automotive Consultants (DAC). “While the market has begun to demonstrate broad-based improvements in new …
The average transaction price for a new vehicle in the United States was up to $48,528 in May 2023, representing a month-over-month increase of 0.5% ($251) from Kelley Blue Book’s revised April reading of $48,277. During this period, incentives continued …
A snapshot from DesRosiers Automotive Consultants of how April 2023 new light vehicle sales fared on a provincial level reveals a mix of increases and decreases. “Sales varied province to province in April, with no clear broader regional bias, highlighting …
After months of new-vehicle transaction prices in the United States holding above the average MSRP, prices are now trending down. That is according to data released by Kelley Blue Book, which found that the average price consumers paid dropped to …
While the Canadian used vehicle wholesale market was down -0.05% for the week ending on April 15, overall car segments were up on average by the same percentage. The data was pulled from Canadian Black Book’s latest automotive Market Insights, …
New-vehicle sales in Canada improved in both March and the full first quarter of 2023, relative to the same periods a year ago. But those improvements were marginal and they continue to disappoint, failing to signal any imminent upturn in …
