Cox Automotive is forecasting that first quarter new vehicle sales volume will increase by nearly 6 per cent, year-over-year, to reach 3.5 million units. In a news release, the company said that the sales volume in March (the end of …
New cars continue to be priced well above MSRP, even as the supply chain slowly improves, and despite rising economic concerns that typically dampen consumer demand for large ticket items. A new iSeeCars study found manufacturer pricing for new cars …
Is the glass half-full or half-empty? That is the question prompted by February’s new-vehicle sales numbers in Canada. Sales of 103,771 vehicles, as estimated by DesRosiers Automotive consultants, were up by 5.1% from February of last year. Following a 7.5% …
Last month, December 2022, the average transaction price for a new vehicle in the United States reached a record high of $49,507. This represents an increase of 1.9% ($927) from November 2022, and an increase of 4.9% ($2,297) from year-earlier …
Not all the automakers have reported 2022 year-end sales yet, but we’re close enough to a final number to know that it will fall short of 1.5-million, probably somewhere very close to 1,488,600 units. DesRosiers Automotive Consultants (DAC) have estimated …
The new year is starting off on a positive note for at least one OEM. Despite significant supply chain issues impacting the auto industry in 2022, Toyota Canada Inc. (TCI) ended the year robustly, with strong December and fourth quarter …
For the first time since last January, November auto sales in Canada outpaced those of the same month a year earlier. Sales of 114,966 units, as estimated by DesRosiers Automotive Consultants (DAC), were up by 4.1% from November 2021. Could …
The most recent Cox Automotive forecast predicts that November U.S. auto sales, when confirmed later this week, are “expected to show no real surprises”, with both sales volume and pace up from November 2021 but down modestly from last month. …
New-vehicle retail sales for October 2022 are expected to increase when compared with October 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,008,200 units, a …
The average price paid for a new vehicle in the United States in September 2022 was down from August’s record but remains solidly above the $48,000 mark, according to new data released today by Kelley Blue Book. The new-vehicle average …
Sometimes a smaller negative can be as welcome as a positive, encouraging hope that the situation just might be improving. Such is the case with new-vehicle sales in Canada in September. September sales of 130,421 vehicles, as estimated by DesRosiers …
Decreases in new auto sales were the norm across the country for August, but there were a couple of notable exceptions, according to the latest sales report from DesRosiers. The report states “While the majority of provinces noted new light …
