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How much new vehicles sales increased last year

Auto Service World

After a disappointing end to 2022, Canadian new vehicle sales in 2023 saw a solid rebound. million in 2022. The … The post How much new vehicles sales increased last year appeared first on Auto Service World.

Vehicle 289
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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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The top stolen vehicles of the year

Auto Service World

Auto thefts reached new highs in 2022 with Ontario and Quebec hit hardest. A new report examines what vehicles thieves are setting their sights on. The 2020 Honda CR-V maintained its spot at the top of the list as the … The post The top stolen vehicles of the year appeared first on Auto Service World.

Vehicle 290
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The impacts of ‘dramatic changes’ to vehicle mix

Auto Service World

Significant shifts in the composition of light vehicles will have substantial impacts on the automotive aftermarket sector, recent research by Lang Marketing suggested.

Vehicle 261
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Details on what SMP released last year

Auto Service World

Its December release provided new coverage in 71 product categories and 128 part numbers for 2022-2024 model-year vehicles. Standard’ hybrid and electric vehicle program saw an expansion, … The post Details on what SMP released last year appeared first on Auto Service World.

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SMP releases hundreds of new product numbers

Auto Service World

Standard Motor Products announced 208 new part numbers, providing new coverage in 72 distinct product categories and 115 part numbers for 2022-2024 model-year vehicles.

Vehicle 279
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Home Energy Efficient Tax Credit: An Inflation Reduction Act 2022 Benefit

AutoShopOwner

The Inflation Reduction Act of 2022 was signed into law with the goal of addressing economic challenges and encouraging businesses and homeowners to adopt more “green” energy practices. What is the Home Energy Efficient Tax Credit Under the Inflation Reduction Act of 2022?