BY THE NUMBERS: The latest opinions, surveys, and findings

$335 billion

The predicted value of the North American “sharing economy” for things like accommodation, financial services, and transportation (car sharing) by 2025. That’s up from just $15 billion in 2013.

Price Waterhouse-Cooper Economic Modeling

50%

Oil and gas will meet about half of the global energy demand. Coal consumption will flatline and renewables like wind and solar will provide about 14% of primary energy.

BP Energy Outlook, February 2018

< 10%

Share of aftermarket repair shops that are equipped to do reprogramming with a J2534 device or OEM scan tool, downloading software from the Internet to the vehicle. Of the ones that do, only 40% can reflash more than three vehicle brands.

Michel Julien, AIA Knowledge Exchange Series, March 2018

59%

Respondents to a national poll of aftermarket repair shops who said they do not visit OE manufacturer sites for service and repair information.

AIA survey of 1000 Canadian shops

52%

Respondents to a national poll of aftermarket repair shops who said they do not reflash or reprogram vehicles in-house.

AIA survey of 1000 Canadian shops

283,134

Average number of kilometers on the odometer when a vehicle is scrapped in Canada. Back in 1985, that number was closer to 165,000 kilometers – a direct result of vehicle quality improvements.

Andrew King, DesRosiers Automotive Consultants, AIA Knowledge Exchange Series, March 2018

4.5 years

Average off-lease age of a used vehicle in 2017, down from 5.0 years in recent years. The trend of newer off-lease vehicles has been pushing used-car prices up.

Lang Aftermarket iReport

$3,002

Projected cost, over five years, of owning a 2018 Hyundai Accent, based on factors like depreciation, expected fuel costs, financing, insurance fees, maintenance and repair costs, and government fees. It was the lowest cost in the compact category. Hyundai’s Sonata won in the mid-size category. Acura won in the luxury category.

Kelley Blue Book Five-Year Cost-to-Own Awards

91%

The record-breaking retained value of a 2014 Jeep Wrangler, winner in Canadian Black Book’s small pick-up category.

Canadian Black Book Best Retailed Value Award

2 Years

Time it takes for a new employee to reach full productivity.

Lang & Associates iAudio