The last time the Canadian automotive market saw a sales increase as large as was observed last year was in 1997, according to DesRosiers Automotive Consultants. In its Canadian December sales update, DAC said final sales for 2023 from reporting …
Although news of new vehicle sales units are in for December 2023, it is also worth keeping an eye on the Canadian used wholesale market — which saw a decline in prices of -0.54% for the week ending on Dec. …
Cox Automotive released its December sales forecast for the United States and anticipates that the automotive industry will end 2023 with an increase of more than 11% year-over-year. It also foresees General Motors retaining its top spot, and Hyundai Motor …
The automotive forecast in the United States for the month of December, in terms of total new vehicle sales that include both retail and non-retail transactions, is expected to reach 1,396,700 units, according to a joint forecast from J.D. Power …
With a decline less steep than the prior week’s -1.56%, the Canadian used wholesale market saw prices drop -0.96% for the period ending on Dec. 9, according to Canadian Black Book’s latest Market Insights report. This time the car segment …
The Canadian used wholesale market saw its largest decline in prices yet, at –1.56%, for the period ending on Dec. 2. The prior week’s decline was only -0.38%, and Canadian Black Book’s Market Insights data indicates that the 2017-2019 average …
November new vehicle sales in the United States are projected to jump 10.2% from a year ago thanks to record-level consumer spending, according to a joint forecast from J.D. Power and GlobalData. They are anticipating that new-vehicle sales for the …
New light vehicle sales showed a notable increase across all provinces in October, based on data reviewed by DesRosiers Automotive Consultants from reporting manufacturers. The majority of provinces experienced a sales growth that surpassed 20% when compared to the same …
The Canadian used wholesale market experienced a steeper drop in prices of -1.11% for the week ending on November 18, according to Canadian Black Book’s Market Insights report. The decline is notable as the prior week showed a decrease in …
The Canadian used wholesale market saw prices slip -0.66% for the period ending on Nov. 11, down further from last week’s -0.52% and the 2017-2019 average of -0.36% for the same week. As Canadian Black Book noted in its Market …
Electric vehicles are growing in popularity in the United States as prices continue to fall and technology improves, according to a new survey from FormRush. Key insights from November 2023 show that there are currently 2,442,300 EV owners in the …
This week dealers will see that the Canadian used wholesale market experienced a decline in prices of -0.52% for the period ending on Nov. 4, which is notably more than the prior week’s -0.27% decrease. That is according to Canadian …
