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Why more dealer incentives could be coming to new vehicles

Auto Service World

As new vehicle inventory continues to grow and sales slow, manufacturers and dealers are expected to offer higher incentives to keep cars and trucks moving off lots in 2025. New vehicle inventory reached 3.23 At the same time, the average days to move a vehicle jumped from 51 days to 71 days, the group reported.

Vehicle 243
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How a lack of off-lease vehicle is hurting the used market

Auto Service World

The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market. Off-lease vehicles are a key source of product for the used car market. This trend is expected to persist through 2027, according to DesRosiers Automotive Consultants.

Vehicle 274
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Why Canadians are choosing more practical vehicles

Auto Service World

Canadian consumers are moving toward affordability and practicality when shopping for vehicles, according to year-end data from AutoTrader. Economic challenges appear to be influencing decisions, with mainstream models taking precedence over luxury vehicles in both searches and sales throughout 2024.

Vehicle 278
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Aftermarket faces challenges as market softens

Auto Service World

Canada’s automotive aftermarket is seeing a slight decline in 2024 with one group warning of long-term challenges ahead, especially as fewer new vehicles require gasoline as their sole source of power. This sustained spending suggests that Canadians continue to prioritize the upkeep of their vehicles despite economic headwinds.

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The crucial role of vehicle design in pedestrian safety

Auto Service World

Image credit: Depositphotos.com The design of vehicles, including their size, shape, and technological features, profoundly affects the safety of pedestrians, cyclists, and other road users, according to Jessica Cicchino, senior vice president of research at the Insurance Institute for Highway Safety (IIHS). The prevalence of SUVs on U.S.

Vehicle 287
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Drivers interested in their vehicle as a digital wallet

Auto Service World

A new survey found that over half of drivers are intrigued by the prospect of using their vehicles as “digital wallets,” signalling a growing interest in connected vehicle services. The survey highlights the increasing role of connected vehicles in the U.S.

Vehicle 130
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Toyota Highlander Canada’s most stolen vehicle

Auto Service World

The Toyota Highlander has been named Canada’s most stolen vehicle of 2023, replacing the Honda CR-V, which held the top spot for two consecutive years, according to Équité Association’s annual ranking. One of the most common trends we’re seeing on the Top 10 Most Stolen Vehicles list includes newer vehicles with keyless ignitions.

Vehicle 263