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Canadians willing to wait for the vehicle they want

Auto Service World

If the trends in built-to-order vehicles are any indication, Canadians are willing to wait for the vehicles they want. Amid the semiconductor shortage of 2021-23, a significant trend emerged in the Canadian automotive market: build-to-order (BTO) vehicle purchases.

Vehicle 146
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Dealers say they have too many ZEVs

Auto Service World

The Canadian automotive market has grappled with a significant lack of new vehicle inventory since early 2021. While these shortages have largely eased and inventory levels are beginning to normalize, the full story is more nuanced.

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ASA Adopts Position Statement on Vehicle Consumer Choice

AutoInc.

We just want to make sure that our members are in a position to service the vehicles that enter their facilities. Environmental Protection Agency (EPA) recently finalized rules that will dramatically increase the proportion of vehicles on the road that are EVs. Technically, they are correct. It has also spent $78.4

Vehicle 52
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Cox study shows dealership service lanes losing market share, consumer trust

Auto Remarketing

Cox’s new study, “Under the Hood: Opportunities and Challenges in the Service Industry,” found that while franchised dealerships are still vehicle owners’ top choice among service providers, their lead over service chains such as quick lube locations and service centers is shrinking. in 2021 but down from 2.8

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Used- and new-car patterns likely getting back to ‘normal’ in 2024

Auto Remarketing

That includes a “normal seasonal trend” when it comes to depreciation in the wholesale vehicle market, along with “modest growth trajectory” in the new-car segment, Black Book said in a report Monday. Furthermore, the composition of available inventory in the used vehicle market is forecasted to shift.”

Car 98
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ASA Fights for a Fair EV Transition

AutoInc.

We just want to make sure that our members are in a position to service the vehicles that enter their facilities. Environmental Protection Agency (EPA) recently finalized rules that will dramatically increase the proportion of vehicles on the road that are EVs. Technically, they are correct. It has also spent $78.4

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Cox Automotive’s Q4 dealer survey finds pessimism rampant

Auto Remarketing

The Cox Automotive Dealer Sentiment Index for the fourth quarter of 2023 showed a sharp drop from Q3, which Cox analysts attributed to the ongoing adverse effects of high interest rates and a weakening economy on the automotive market, the two factors cited most by dealers as holding back their business.