The U.S. automotive aftermarket is expected to grow at a compound annual growth rate (CAGR) of 3.7% through 2019, according to the “2016 Joint Channel Forecast Model” produced jointly by the Automotive Aftermarket Suppliers Association (AASA) and the Auto…
For the first month since December 2015, light vehicle sales in Canada dropped when looking at year-over-year comparisons. That being said, the 1.5 percent decline from 197,937 vehicles sold in May 2015 to 194,866 vehicles sold in May 2016 can…
Consumer complaints about vehicle software have been growing steadily over the past several years, and 2016 is already on pace with the record-setting level of 2015, according to data collected by J.D. Power through its SafetyIQ program. So…
Stats that put the Canadian automotive aftermarket into perspective.
DesRosiers has released its Canadian sales report for March 2016: Never in the history of the automotive sector have Canadians bought more than 200,000 light vehicles in a month. That record was broken in April with sales of 200,327 units…
Half of Canadian businesses could soon have a competitive advantage over the rest: according to a new study commissioned by TELUS, there’s an even split between Canadian businesses when it comes to their plans for Internet of Things (IoT)…
U.S. auto sales will extend their winning streak in 2016 for a seventh consecutive year of increases, reaching a record high before sales begin to retreat in 2017 as interest rates tick higher and pent-up demand eases, according to…
New car sales rates have increased 68% — from 10.4 million in 2009 to 17.5 million in 2015 — since the recession, leading more people to lease instead of buy. The rate of people leasing cars rose 26% year-over-year…
Even as the auto industry basks in the glow of 2015’s record year in the showroom, several looming threats pose risks to the industry’s momentum. Here are five key warning signs, from discussions at the J.D. Power Automotive Forum hosted…
Pre-orders are piling up for the Tesla Model 3, approaching 300,000 just days after the car’s unveiling. Clearly, questions about whether Tesla’s cars are reliable haven’t made a dent with shoppers. For most car shoppers, dependability is the number one…
Global vehicle sales continued to strengthen in February, climbing 3% above a year earlier, alongside ongoing solid job creation across developed markets. More recent data for March points to further solid advance across North America. Mexico led the way,…
A new study from CarGurus shows the generational divide in attitudes when it comes to purchasing a car. Among the starkest differences, younger shoppers reported a lower degree of satisfaction with their current or most recent car shopping experience (45%…