Topic
OE news

       News Market Research & StatisticsOE news

June vehicle sales a big improvement over April and May
July 3, 2020 by Allan Janssen

  Some 155,439 light vehicles sold in Canada in the month of June was “another big step forward on the climb out of the abyss,” according to analysts at DesRosiers Automotive Consultants. Although new light vehicle sales were down 16.2%…

       News OE newsSupplier News & Announcements

2021 Ford F-150 to feature ‘SiriusXM with 360L’ in-cab entertainment
June 25, 2020 by Allan Janssen

SiriusXM and Ford Motor Company have announced that SiriusXM with 360L – SiriusXM’s newest and most advanced audio entertainment platform – will make its Ford debut in the 2021 F-150. SiriusXM with 360L is planned to be available on all…

       News Market Research & StatisticsOE news

May new vehicle sales marks ‘clear improvement’
June 24, 2020 by Allan Janssen

New vehicle sales in Canada have shown “a clear improvement” over April sales, according to analysts at DesRosiers Automotive Consultants. May sales settled at an estimated 113,224 units, a dramatic increase over April when only an estimated 45,833 units were…

       News Market Research & StatisticsOE news

May new-car sales down 44%, with some hope for recovery: DesRosiers
June 3, 2020 by Allan Janssen

In a poetic assessment of new light vehicle sales in Canada, analysts at DesRosiers Automotive Consultants said the year-over-year decline of 44% was enough of an improvement over April’s dismal returns that it evokes “a touch of cautious optimism as…

       News Auto Repair & ServiceLead StoryOE news

Dealership service departments faring better than sales during Covid: Cox
May 29, 2020 by Allan Janssen

  Touchless services like vehicle pick-up, drop-off, and sanitizing have led to greater consumer confidence in dealership service departments than dealer showrooms, an industry analyst said yesterday. During an Equifax webinar, Cox chief economist Jonathan Smoke said recent numbers from Xtime,…

       News Market Research & StatisticsOE news

New car sales dropped 75% in April
May 21, 2020 by Allan Janssen

Following an estimated 48.3% sales decrease in March, light vehicle sales in Canada fell off by almost 75% in April. According to DesRosiers Automotive Consultants, new car and light truck sales settled in at 45,833 units sold, down from 180,616…

       News Economy and PoliticsOE newsVehicle Technology

Carmakers met 2018 GHG targets, EPA concludes
May 11, 2020 by Allan Janssen

The average estimated CO2 emission rate for all model year 2018 vehicles in the U.S. fell by 4 grams per mile to 353 g/mi – the lowest ever measured. The U.S.-based Environmental Protection Agency (EPA) released its latest findings on…

       News Consumer trendsEconomy and PoliticsInternational NewsOE news

IHS Markit lowers estimates for global vehicle sales, production
May 5, 2020 by Allan Janssen

IHS Markit has revised its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand even further than originally expected. According to new analysis, global light vehicle sales are now forecast to be 69.6…

       News Economy and PoliticsOE news

April could be ‘bottom of the chasm’ for falling vehicle sales: DAC
May 5, 2020 by Allan Janssen

DesRosiers Automotive Consultants is reporting “a further step into uncharted territory” with light vehicle sales estimated to have fallen 74.6% from 2019 levels. The company says March saw an estimated 48.3% decline in light vehicle sales compared to March 2019,…

       News Market Research & StatisticsOE news

March light vehicle sales drop 48.3%: report
April 28, 2020 by Allan Janssen

Nearly half of Canadians who were planning to purchase a new vehicle last month put those plans on hold, according to DesRosiers Automotive Consultants. Total sales fell an estimated 48.3% as the impact of the Covid-19 outbreak made itself felt…

       News Market Research & StatisticsOE news

Global vehicle sales expected to decline 22% in 2020: IHS Markit
April 23, 2020 by Allan Janssen

Global light vehicle sales are forecast to fall 22 percent to 70.3 million units this year in the wake of COVID-19, according to the most recent analysis from IHS Markit. “The unexpected and sudden nature of the impacts of the…

       News Market Research & StatisticsOE news

Average price of new car in Canada now exceeds $40,000
April 23, 2020 by Allan Janssen

The average selling price of a new light vehicle in Canada now exceeds $40,000, according to DesRosiers Automotive Consultants. The data company found that at the end of 2019, the average light vehicle sold for $40,941. In 2015, the average…