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How a lack of off-lease vehicle is hurting the used market

Auto Service World

In the years leading up to the pandemic, new light vehicle sales peaked in 2017 and remained strong until 2019, with lease penetration rates exceeding 35 per cent. This led to a robust flow of off-lease vehicles into the market, peaking in 2022, according to DesRosier. .

Vehicle 274
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How Canadian new vehicle sales fared in 2024

Auto Service World

However, Andrew King, managing partner at DesRosiers, called for caution despite the optimistic numbers. per cent for granted, the market remains approximately 180,000units below its 2017 high, despite a Canadian population that has increased from 36.7 Thats an 8.2 per cent increase from the 1.72 While we would never take a gain of 8.2

Vehicle 276
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JC Washbish named CEO of the Alliance

Auto Service World

All Alliance executive leadership teams, including those in information technology, sales and marketing, category management and finance, will continue to report to Washbish. ” He joined the Alliance in 2016 as sales, marketing and brand manager.

Finance 263
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New vehicle sales start the year strong

Auto Service World

That would be the highest year on record, beating out 2017 when just over two million new vehicles were sold in Canada. “One certainty is that the year started on the front foot,” noted Andrew King, managing partner of DesRosiers. The seasonally adjusted annual rate is coming in at 2.15 But there is concern.

Vehicle 270
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Manheim Announces New Regional Vice President, Promotes 7 General Managers

AutoSuccess

Toni Hanshaw has been named general manager of the Manheim Orlando Market Center which includes Manheim Orlando and Manheim Central Florida. Butch Herdegen has been named general manager of the Manheim Atlanta Market Center which includes Manheim Atlanta, Manheim Georgia, Manheim Birmingham, Rome Auto Auction and 4-Star Auto Auction.

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2017 GPS Fleet Management Study

Automotive Fleet

Driscoll & Associates' study 2017-18 Survey of Fleet Operator Interest in MRM Systems and Services. Data from C.J.

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JC Washbish Promoted to President & CEO of the Alliance  

Brake & Front End

All Alliance executive leadership teamsincluding those in information technology, sales and marketing, category management, and financewill continue to report to JC as he leads the Alliance toward achieving its strategic goals. In 2017, he was promoted to Director of Marketing, and in 2019, to Vice President of Sales and Marketing.