A recent report is warning that there are signs of trouble with electric vehicle sales in the United States. While acknowledging that EV numbers are and will continue to increase on the road, an analysis from Lang Marketing observed that…
New vehicle prices were mostly flat overall year-over-year as increases and cuts balanced each other out. Kelley Blue Book noted that the average transaction price for a new vehicle in August was up only $42 compared to the same time…
As the auto theft situation shows no signs of relief, the group representing auto insurers announced its members are taking steps to better protect consumers and their vehicles. At the same time, the Insurance Bureau of Canada is calling on…
Few countries have weather like Canada so it stands to reason why Canadians would prefer to go with hybrid electric vehicles more often than anyone else. Globally, hybrids represent about 4-5 per cent of any market share in the future.…
New vehicles are critical to the automotive aftermarket, including ensuring a steady future supply of sweet spot vehicles, so there is natural concern when there are fewer new cars being sold year after year. This has been the case in…
Independent shops are still costing consumers less per visit, says J.D. Power study
It’s been 10 straight months of new vehicle sales increases in Canada. Though the bar is low because of weak sales in 2022, DesRosiers Automotive Consultants is touting the news as continued positivity for the industry. The group noted that…
The state with one of the cheapest rates for gasoline is now one of the highest for electric vehicle registration. Starting this month, electric vehicle drivers in Texas will have to pay a $200 registration fee annually to offset road…
The rise of do-it-for-me (DIFM) service grew over the course of many years as vehicle complexity grew. It dominated the aftermarkets segment until the COVID-19 pandemic pushed many to the do-it-yourself (DIY) route. But as normalcy has returned, so has…
A problem sourcing used vehicles and historically high pricing continues to be the name of the game in the used vehicle sector. Analysis from both DesRosier Automotive Consultants and Canadian Black Book show a reduction in pricing at this point…
Media report notes that customers are pushing back on time-based fees.
For the first time, there is a consecutive year-over-year decline in new vehicle owner satisfaction. The J.D. Power U.S. Automotive Performance, Execution and Layout (APEAL) Study average score came in at 845 points on a 1,000-point scale. That’s a drop…