A new SEMA Industry Perspectives Report provides insight on the health of the automotive aftermarket industry on a wide range of business metrics. Among the key findings: independent retailers in the automotive aftermarket remain the most used sales channel for…
American car consumers continue to say “No thanks” when it comes to EVs and autonomy, says auto analysts at J.D. Powers The company ponts out that electric vehicles seemed poised to gain ground in the United States. But other than…
DesRosier Automotive Consultants saw some stability in December sales of light vehicles in Canada. Total sales reached an estimated 109,265 units, a 0.5% increase over January 2019 when 108,774 units were sold. The consulting company reports that passenger car sales…
Canadian Black Book, which tracks vehicle values, described 2019 as the strongest year ever for the value of vehicles two to six years old. The year saw a long running series of best-ever months for retained values. December was down…
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DesRosiers Automotive Consultants is reporting that Canada’s vehicle manufacturing base retreated to below 2 million units in 2019, continuing a trend that has been under scrutiny for several years. “While the 2009 situation was largely cyclical in nature the current…
Statistics that put the North American automotive aftermarket into perspective.
The Modern Industry eXpertise (MiX) council of the Automotive Aftermarket Suppliers Association (AASA) has developed a thought leadership piece that educates senior aftermarket industry professionals on innovative and cost-effective ways to retain top young professional talent. The piece, entitled “Your…
Canada’s economy contracted slightly in October, with real gross domestic product down 0.1 per cent from September – the first month-to-month decline since February, Statistics Canada has reported. Economists had projected a flat GDP report for October compared with September,…
By Jacob Stoller With all the hype about the “newness” of the digital age, it’s hard to believe that the world’s first website turned thirty in 2019. However, while social media sites such as Facebook, Twitter and LinkedIn have dominated…
Data analytics and consumer intelligence company J.D. Power has announced it will merge with Autodata Solutions, a provider of data and software solutions for the automotive ecosystem. The merger marks the completion of J.D. Power’s acquisition by private equity firm…
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