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How the aftermarket is treating Amazon
February 21, 2024 by Adam Malik

If customers want to do their shopping on Amazon, then that’s where the automotive aftermarket needs to be, a panel discussion suggested. David Seewack, CEO and founder at FinditParts, said Amazon is where his company needs presence because that’s where

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Why average age will keep going up
February 20, 2024 by Adam Malik

While the automotive aftermarket will see a growing number of older vehicles in need of servicing, the overall lifespan of vehicles hasn’t been significantly altered following the depths of the COVID-19 pandemic, one expert suggested. Furthermore, noted Todd Campau, aftermarket

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How much car ownership costs these days
February 20, 2024 by Adam Malik

Owning a car in Canada has become significantly more expensive thanks to the surging cost of living and climbing interest rates, putting additional financial pressure on Canadian families. The average monthly cost of car ownership reached $1,387, or $16,644 annually,

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Year starts strong for new vehicle sales
February 14, 2024 by Adam Malik

New vehicle sales for January 2024 were the highest they’ve been in the last couple of years, according to DesRosiers Automotive Consultants. Year over year, the gain was about 15 per cent as monthly sales went from about 98,000 in

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Aftermarket expects more growth this year
February 9, 2024 by Adam Malik

The automotive aftermarket is reporting a positive trend in sales growth among retailers, with significant optimism for 2024. DesRosiers Automotive Consultants collaborated with Automotive Aftermarket Retailers of Ontario members to unveil insights into the performance of the Canadian automotive aftermarket

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How big the gap is between truck and car preferences
February 8, 2024 by Adam Malik

Canadian vehicle preferences continued to trend toward light trucks over passenger cars in 2023. DesRosiers Automotive Consultants reported that the light truck segment outperformed passenger cars, with overall truck share breaking the 85 per cent mark for the first time.

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New inventory is growing but why isn’t it the right inventory?
February 7, 2024 by Adam Malik

New vehicle inventory is normalizing at dealerships — but it doesn’t appear to be the right kind of inventory that will help sales numbers rebound to pre-pandemic levels. While greater chip capacity is allowing for the normalization of vehicle inventory,

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This will be the biggest supply chain challenge in 2024
February 2, 2024 by Emily Atkins

Extreme weather is predicted to be the biggest danger to supply chain operations in 2024. In its 2024 risk report, everstream.ai said a US$1 billion weather-causes event happens every three weeks, on average, in the United States. In the 1980s

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Remote work is up. So is miles travelled. How?
February 1, 2024 by Adam Malik

Despite remote and hybrid work being an option for a chunk of the working population, the amount of time driving behind the wheel hasn’t fallen by the wayside. DesRosiers Automotive Consultants reported gasoline consumption to have passed pre-pandemic levels. And

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What young workers want from their employers
February 1, 2024 by Adam Malik

Almost all Gen Z and Millennial workers (93 per cent) prioritize working for an organization that supports quick and flexible decision-making. A survey from Nestle Canada spoke to 1,100 Canadians aged 20-35. It further found that a vast majority believe

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Will consumers keep spending money in the aftermarket?
January 31, 2024 by Adam Malik

When times are tough, people will say they’re going to cut back on certain things. If their actual behaviour plays out to what they intended, it points to good news for the automotive aftermarket. Comparing the intention of how consumers

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Predicting the year ahead for new vehicles
January 31, 2024 by Adam Malik

After a few years of anything but normal, predictions out of the United States are calling good year ahead for car buyers as a level of normalcy returns to the marketplace. After seeing swings in pricing, a cratering of supply