How you look at July’s new vehicle sales will depend on how you see the glass. The half-full optimist may be encouraged that sales are up from the same time last year and continues to build on gains seen for…
Foreign brands are increasing their dominance on American roads, according to a recent report. Lang Marketing reported that domestic nameplates on U.S. roads dropped by nearly eight million over a 10-year span between 2012 and 2022. This comes as total…
Intent to buy a new vehicle among Canadian consumers is up and by not being shy about returning to dealerships for a new set of wheels, the average price continues to go up. AutoTrader reported a new car in Canada…
From productivity to efficiency to salary, here’s how dealers performed last year.
The large sport utility vehicle segment has seen the biggest growth among vehicle segments in 2023 while the subcompact cars have seen the most significant drop off. DesRosiers Automotive Consultants reported new light vehicle sales among reporting manufacturers have been…
Gauging new and used sales trends, its impact on the aftermarket and what it means going forward
The Bank of Canada being one of the quickest in the world to move on tightening monetary policy has paid off, according to an automotive industry expert. As a result, inflation has fallen. It had been in an elevated space…
After a relatively strong showing in May, new vehicle sales in June kept the momentum going. Estimates from DesRosiers Automotive Consultants show 161,901 units sold in June – up 12.6 per cent from the same month last year. “The strong…
If you have customers who bought or leased a new vehicle between the late 1990s and the middle of the last decade, they could claim compensation through a series of class action lawsuits that will see pay outs following an…
Inflation and other economic factors are influencing the attitudes and actions of car buyers in Canada, according to a survey from Canadian Black Book. Furthermore, higher prices have pushed shoppers to look at more options when buying a vehicle. DesRosiers…
Let’s start with the good: New vehicle sales in May far out-paced the last few years and signal a positive move forward for the rest of the year. Now the bad: Sales are still far, far behind pre-pandemic numbers. May…
Despite supply chain issue easing, new vehicle dealers are still far off from their typical levels, according to DesRosiers Automotive Consultants. And how severe the problem is depends on where you are in the country. Shortages of new vehicles stemming…