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Market Research & Statistics

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Auto Care Association releases latest Factbook
July 3, 2019 by Renee Montague

The value of auto parts, accessories, and auto repair services sold in the U.S. is expected to reach $448 billion by 2022. That’s up $43 billion from the current $405 billion. The rationale for the optimistic growth is detailed in…

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CAF Report: Fewer students starting, completing apprenticeships
June 25, 2019 by Renee Montague

Fewer students are starting apprenticeship programs, complicating the challenge of finding skilled trade workers as  Canada’s retirement rates accelerates. That’s the conclusion of a new report conducted by Prism Economics and Analysis, commissioned by the Canadian Apprenticeship Forum (CAF). The 2019…

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Raptors’ win will cause retail boost for Canadian Tire, BMO predicts
June 22, 2019 by Allan Janssen

An equity research analyst for BMO Capital Markets predicts that the Toronto Raptors’ NBA championship win will mean good things for Canadian Tire’s bottom line. Analyst Peter Sklar has raised his profit outlook for CTC, as fans flock to stores…

       News Market Research & StatisticsSupplier News & AnnouncementsVehicle Technology

Consumers increasingly ready for self-driving cars: report
June 20, 2019 by Renee Montague

A new study from the Capgemini Research Institute has found that consumer support for riding in self-driving cars is set to double within the next five years. The report, dubbed “The Autonomous Car: A Consumer Perspective” found that 59% of…

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World Bank’s economic outlook softens in May
June 19, 2019 by Renee Montague

The World Bank has reduced its outlook for global growth in 2019 from 2.9 percent in its January report to 2.6 percent in its latest assessment. That represents a three-year low, down from 3.0 percent growth in 2018. In the June Global…

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Part sales show upward trend
June 17, 2019 by Renee Montague

DesRosiers Automotive Consulting reports strong retail sales of automotive parts and accessories in the first quarter of 2019. According to the data consulting firm, sales at parts and tire stores are up. It is the first time since 2010 that…

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The More Things Change: Spark Plugs
June 14, 2019 by Allan Janssen

Our latest walk down memory lane takes a look at how the manufacturing and marketing of spark plugs has changed over the years. May 2019: Spark Plugs   The more things change? Take a look back at the quaint old…

       News Auto Repair & ServiceJobbers & WDsMarket Research & StatisticsVehicle Technology

Oil and filter market is continually evolving
June 13, 2019 by Allan Janssen

  By Adam Malik Summer is time for a lot of things, including DIY oil changes. Across Canada, auto enthusiasts and would-be mechanics are gearing up for to do oil and filter jobs in their driveways. The first thing they’re…

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Raptor success is uniting Canada, says team partner Castrol
June 11, 2019 by Allan Janssen

Castrol’s partnership with the Toronto Raptors is certainly paying off this year, as Canada’s only NBA team heads to Game 6 of the finals. Wakefield Canada, manufacturer and marketer of Castrol products in Canada, said it is thrilled with the…

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NUMBERS: Statistics about the work we do
June 4, 2019 by Allan Janssen

56% Percentage of consumers who would have to borrow from a line of credit, a family member, or a friend in order to pay for a $1,000 repair. AdvantageWon   11.7 years Average age of U.S. cars and light trucks…

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ETI draws record crowd to discuss the complexities of modern mobility
June 4, 2019 by Allan Janssen

The increasing complexity of advanced driver assist systems (ADAS) and the importance of following proper calibration processes in the service bay took center stage at the Equipment and Tool Institute’s annual Tool Tech conference. Held in Charlotte, N.C., at the…

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April’s new car sales fall short of April 2018
June 3, 2019 by Renee Montague

Canadian sales of light passenger vehicles fell in April, compared to April 2018, according to analysis from DesRosier Automotive Consulting. All passenger car segments fell except the low-volume luxury compact segment, up 3.5% for the month, the consulting firm has…