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Market Research & Statistics

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Latest predictions for the end of supply chain disruptions
January 26, 2022 by Adam Malik

The worst of delays in the automotive supply chain is likely behind us but issues will linger past this year, predicted the Specialty Equipment Market Association. The latest prognostication came in its Future Trends Report, released this month. It reported…

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Used vehicles retain value at record pace
January 25, 2022 by Adam Malik

Just about every month is setting a new record when it comes to the retained value of used vehicles and December 2021 was no different. Canadian Black Book’s Used Vehicle Retention Index for December 2021 put the index at a…

       News Consumer trendsElectric VehiclesIndustry TrendsMarket Research & Statistics

Get ready for a flood of EV models
January 21, 2022 by Adam Malik

There are fewer than two dozen electric vehicle models on the market today. That number is going to skyrocket before this decade is out, according to industry analysts. That may be behind tempered excitement for EVs as not many options…

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What Canadians say is the biggest road safety threat
January 20, 2022 by Adam Malik

In a new poll from the Canadian Automobile Association, the most serious threat to road safety in this country is aggressive driving. Since the onset of the COVID-19 pandemic in March 2020, road safety has been a regular topic. With…

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Canadians driving more than pre-pandemic
January 14, 2022 by Adam Malik

With almost 130 billion km travelled in the third quarter of 2021, Canadians are moving around at rates higher than before the global COVID-19 pandemic started. The previous high over the last two years was during the same time in…

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Top financial priorities, worries for Canadians
January 13, 2022 by Adam Malik

Canadians are putting debt repayment at the top of their priority list for 2022, according to a recent survey. The report from CIBC also found that Canadians are most worried about inflation and uncertainty related to COVID-19. Rising prices mean…

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What four ‘mega-forces’ will shape the aftermarket this year
January 12, 2022 by Adam Malik

Gas prices, supply chain, inflation and the looming COVID-19 variant threat will all have something to say about how the next 12 months play out in the automotive aftermarket, according to new analysis. Calling these “mega-forces,” a recent Lang Market’s…

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The company that knocked GM off its perch
January 12, 2022 by Adam Malik

Toyota was the top-selling brand in the United States in 2021, a first for the company. General Motors had been in the top spot for the last 90 years. But it appears supply chain shortages held it back, according to…

       News Consumer trendsMarket Research & Statistics

The vehicles at the top of Canadians’ wish lists
December 21, 2021 by Adam Malik

Canadians know what vehicles they want and that hasn’t changed despite a pandemic, changing travel habits or supply chain hurdles. AutoTrader.ca released data around what vehicles customers are searching for on its website. At the top, once again, was the…

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How much staffing levels are struggling to recover
December 17, 2021 by Adam Malik

While employment levels are up from the depths of the worst of the COVID-19 pandemic, they’re still not at pre-pandemic levels, according to new analysis. Aftermarket sectors, though, appear to be on an upward trajectory. The pandemic hasn’t been the…

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How much more business U.S. shops are seeing
December 16, 2021 by Adam Malik

The number of service bays in American repair and service shops has dropped but that hasn’t stopped an overall rise in the amount of auto repair work that’s taken place. According to Lang Marketing, the do-it-for-me aftermarket segment of light…

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What consumers plan to do with their money next year
December 14, 2021 by Adam Malik

A recent survey of Canadian consumers indicated that personal budgets will be trimmed in 2022. The findings came out of findings from a life insurance survey. PolicyAdvisor.com’s State of the Nation: Life Insurance Trends 2021 looked at how Canadians’ attitudes…