Will supply chain challenges hold back automakers from EV plans? A new report warns that they will need to plan carefully
With a lack of options and a supply chain that’s still far from recovery, consumers are paying ‘over sticker’ for new cars, according to a recent report. Kelley Blue Book reported sales of new vehicles in the United States were…
The first quarter of 2022 saw electric vehicle adoption by consumers pick up speed. IHS Markit reported that 8.3 per cent of new vehicle registrations in Canada — about one in 12 — were zero-emission vehicles (ZEV), which includes battery-electric…
New car dealers are seeing high levels of demand for vehicles and one industry analyst believes it could take years to satisfy consumers. The Haig Group released its report on the first quarter of 2022, tracking trends in auto retail…
Province by province, new car dealers are well behind their typical stock levels of new vehicles, according to a report from DesRosiers Automotive Consultants. The group partnered with the Canadian Automobile Dealers Association to gauge how big the issue is…
Auto Service World – ASW Conversations: The ‘Rock and a Hard Place’ for Automakers Semiconductors are at the heart of many conversations involving the automotive industry. Shortages caused by increased demand for electronics during the COVID-19 pandemic are hurting new…
Buick will transform its image, branding and logo as it moves to an all-electric model by the end of the decade. The company announced it will join other General Motors brands in building a fleet of entirely electric vehicles by…
The month of May has historically been a strong month when it comes to new vehicle sales. Unfortunately, it hasn’t been the last few years. Between the COVID-19 pandemic and semiconductor shortages, May sales have been in the dumps. That…
It was one year ago that the semi-conductor shortage hit the new vehicle market in a drastic way. Today, things are not any better, according to new analysis from DesRosiers Automotive Consultants. The group releases sales numbers from April 2022…
In the short term, new vehicle sales will be negatively impacted by supply chain constraints and semi-conductor shortages. Longer-term, however, as these issues ease, numbers will go up despite some barriers, according to a new report. Retail sales of new…
Supply chain issues wreaked havoc on the sales of Canada’s top-selling vehicle. Ford F-series vehicles sales took a tumble to start 2022, according to DesRosiers Automotive Consultants. The Ford F-series has been the top-selling vehicle in Canada every year since…
Honda is investing tens of billions of dollars to become an electrified automaker. The company announced it will invest about US$40 billion into electrification over the next decade. It will put out 30 fully electric vehicles and be able to…