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The Canadian light vehicle market saw a significant rebound in 2024, with overall sales reaching an estimated 1.86 million units sold in 2023, according to DesRosiers Automotive Consultants. Quebec was highlighted as a leading province as consumers rushed to buy zero-emission vehicles (ZEVs) before provincial incentives were reduced.
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.
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 million in November 2023. New vehicle inventory reached 3.23 million in November 2023.
As the age of cars and light trucks continue to rise, vehicle odometer readings continue to climb, driving growth in the aftermarket for internal combustion engine (ICE) vehicles. According to Lang Marketing’s latest report, “Soaring Odometers Boost ICE Aftermarket,” light vehicles in the U.S.
Despite ongoing economic challenges, Canadians are demonstrating resilience in their vehicle purchasing habits, according to new research from AutoTrader. While the economic landscape remains challenging, with high interest rates, gas and vehicle prices influencing decisions, Canadians are adapting.
Hyzon has announced a purchase agreement for 12 hydrogen-powered refuse Fuel Cell Electric Vehicles (FCEVs) with GreenWaste. Our technology offers a value proposition to our customers, providing zero-emission power necessary to meet the demanding challenges of refuse trucks, ensuring they perform day in and day out.”
Canadian vehicle preferences continued to trend toward light trucks over passenger cars in 2023. DesRosiers Automotive Consultants reported that the light truck segment outperformed passenger cars, with overall truck share breaking the 85 per cent mark for the first time.
Prices paid for new vehicles in Canada have continued to jump so far in 2023. Data from DesRosiers Automotive Consultants show that the average transaction price for a new light truck or passenger car is $52,900 — up nearly 6 … The post How much new vehicle prices soared appeared first on Auto Service World.
When Brandon Baldwin learned that he had been selected as the 2023-2024 B’laster Products/Tomorrow’s Technician Instructor of the Year, he says that his second thought was how excited he was to break the news to his colleagues, family and friends. His first thought? So that shapes how I teach now. “So So that shapes how I teach now.
Image credit: Depositphotos.com A dramatic shift in the vehicle market has seen domestic nameplates plummet, making way for the dominance of foreign models, according to Lang Marketing. There were nearly eight million fewer domestic nameplates in operation during 2023 than 10 years earlier. Foreign nameplates topped 5.5
One highlight he noted was that as companies change their work-from-home rules for their employees, vehicle miles travelled could be impacted. It may also impact leisure travel and how vehicles are used in general. The Lifetime Achievement Award went to Tina Hubbard, president and CEO of HDA Truck Pride.
As far as retail and commercial sales are concerned, the US automotive industry experienced a rebound in 2023. Easing supply concerns helped automakers deliver more than 15 million vehicles last year. Trucks were highly popular with new vehicle buyers, although some posted abysmal numbers.
Mullen Automotive announced the sale of its Mullen THREE, Class 3 EV box truck upfit to Princeton University’s facilities operations unit, located in Princeton, New Jersey. The post Mullen Announces Princeton University EV Truck Order appeared first on Tomorrows Technician.
ADD Group, one of the largest manufacturers of Shocks, Struts and Complete Strut Assemblies in the world, will be exhibiting innovations and various product lines at HALL 3 Booth 3N35 in the Automechanika Shanghai 2023. The post ADD Group To Present Various Product Lines at AM Shanghai 2023 appeared first on Brake & Front End.
Work Truck Solutions recently released their Q3, 2023 Commercial Vehicle Market Analysis. Data reveals a growing demand for new work trucks and vans, with average prices reaching record highs. Meanwhile, used work trucks and vans continue to show higher average mileage when compared to all but one quarter of 2022.
Some of the launches apply to new vehicles, and one highlights is the new PRT complete strut assembly for the 2023 Toyota Tacoma, which also can be seen in the AAPEX New Product Showcase. The post PRT Will Present Various Product Lines at AAPEX 2023 appeared first on Brake & Front End.
A new report highlighted just how much cheaper electric vehicles need to get in Canada to reach mandated sales levels. Last December, the federal government unveiled its Electric Vehicle Availability Standard, which outlines zero-emission vehicle sales targets for automakers.
“Small is the new big, even in pickup trucks,” said Ali Partovi, CEO of Neo. With their support and funding we’re even more excited and confident about the next phase for building the TELO Truck.” In late 2023, the team took the next step in its proof of concept with the development of a drivable chassis.
“Small is the new big, even in pickup trucks,” said Ali Partovi, CEO of Neo. With their support and funding we’re even more excited and confident about the next phase for building the TELO Truck.” In late 2023, the team took the next step in its proof of concept with the development of a drivable chassis.
announced the development of a zero emissions version of PowerUP, Mullen’s mobile EV charging solution, that will now be offered on the Company’s own Class 3 all-electric cab chassis truck. The post Mullen Announces Development of Mobile EV Charging Truck appeared first on Tomorrows Technician. Mullen Automotive, Inc.
Redesigned for model year 2023, the Colorado and Canyon midsizers have been hit with a safety recall concerning the front wheel hub bolts. More specifically, General Motors determined that 17 trucks may have been produced with overtightened bolts. The resulting deformation may lead to loosening or breaking during vehicle operation.
Dealership service department customer satisfaction was strong in 2024 though a bit less so for owners of electric and plug-in hybrid vehicles. Electrified vehicle owners averaged 51 points less among mass-market vehicles and 57 points less in the premium sector, which J.D. Powers 2025 U.S. In a news release, J.D.
Antero Automotive, an ASE Blue Seal and Repair Pals certified auto repair shop, is honored to receive the 2023 MARCOM Gold Award. The shop offers high-quality automotive and truck repair services to the Denver, Greenwood Village, Englewood, Parker, and Aurora, Colorado areas. “We
Pickup trucks and SUVs have long been the dominant vehicles in the U.S. The automotive M&A advisory firms semiannual Market Outlook Report , released this week in conjunction with the NADA Show, said its data shows American consumers have reached peak truck. The post Report finds U.S.
The 2023 Car, Truck, SUV, and Van of the Year awards celebrate excellence in the automotive industry, and your vote will help determine the winners. Just three weeks left to vote!
(SMP) announced it recently released 120 new part numbers that provide new coverage in a variety of key product categories with coverage for late-model import and domestic vehicles through the 2024 model-year. Four Seasons introduced new coverage that includes four new and reman Compressors with import vehicle coverage for over 1.5
Standard Motor Products recently released electronic throttle bodies for popular Volvo cars and SUVs through the 2022 model year, as well as Jeep vehicles like the 2024-22 Grand Cherokee and 2024-18 Wrangler. New related components include Accelerator Pedal Sensors for the 2023-21 Hyundai Elantra, 2023-22 Hyundai Tucson and 2023 Kia Sportage.
The average transaction price (ATP) paid for a new vehicle in the U.S. For more than a year now, new-vehicle prices in the U.S. For more than a year now, new-vehicle prices in the U.S. NEW-VEHICLE AVERAGE TRANSACTION PRICE New-vehicle sales incentives climbed higher in October, jumping from a revised 7.2%
Sales of used commercial vehicles at dealerships in the third quarter “cooled off,” but remain well ahead of year-ago figures, according to the Q3 2023 Commercial Vehicle Market Analysis from Work Truck Solutions. decline in average used commercial vehicle sales per dealership compared to the second quarter.
New vehicle prices in December climbed higher for the fourth consecutive month and were close to the all-time high marked in December 2022. New vehicle ATPs were $49,740 last month, an increase of 1.3% Vehicles, especially luxury vehicles, are typically an emotional purchase, and when consumers are optimistic, they go shopping.
Filed under: Weird Car News , Commercial Vehicles Continue reading Armored truck rolls, sends money bags flying in Michigan Armored truck rolls, sends money bags flying in Michigan originally appeared on Autoblog on Fri, 7 Jul 2023 10:36:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments
Did you know an electric wagon served as the first-ever police vehicle in the United States back in 1899? Police-rated vehicles have changed a lot since then. Over in the good ol' US of A, the Ford Motor Company is trying to tempt law enforcement agencies. continue reading. )
Velocity EV , initially launched in 2023 as a subsidiary of Velocity Vehicle Group, has rebranded as Rizon USA – Authorized U.S. medium-duty truck market. Daimler Truck is the manufacturer of Rizon Truck. The first four models—e18L, e18M, e16L, and e16M—debuted in May 2023. Distributor of the Rizon Brand.
Work Truck Solutions' annual review of 2023 data shows that while commercial vehicle inventory levels outpaced growth in 2023, work trucks and vans carried higher price tags - signaling that demand is still strong.
Just over 350 units of 2023 to 2024 Nissan sedans, utility vehicles, and pickup trucks were produced with driver's airbag modules containing potentially defective inflators. The suspect airbag inflators may allow moisture to enter due to misaligned gaskets.
Standard Motor Products’ recently released Standard Coils add coverage for the 2021-2023 Ford F-150, 2023-20 Subaru Legacy and Outback and 2022-19 Mercedes-Benz cars and SUVs. Currently, fifteen Blue Streak Ignition Coil Multipacks are available for popular vehicles, with additional applications in development.
percentage points from 2023. With new vehicle inventory up and incentives crowding the market, the report said, some signs of loyalty erosion are beginning to develop. of truck owners traded in their truck for another truck, up from 72.5% in 2023 and the highest percentage in the past five years.
The NHTSA has published a safety recall for no fewer than 142,150 trucks sold under the Ram brand. Potentially affected vehicles range from the 2023 Ram 1500 Classic to the 2024 Ram Cab Chassis in 4500 and 5500 flavors.
The Ford Motor Company has issued a recall encompassing select 2023 Super Duty trucks. According to the Dearborn-based automaker, the subject vehicles were incorrectly repaired under a previous campaign.
The release provides new coverage in 57 distinct product categories and 55 part numbers for 2023 and 2024 model-year vehicles. Variable Valve Timing : Standard introduced VVT Sprockets for Subaru, Hyundai and Kia vehicles through 2023 and VVT Solenoids for Mitsubishi vehicles through 2022.
This most recent release provides new coverage in 60 distinct product categories and 75 part numbers for 2023 and 2024 model-year vehicles, according to SMP. As vehicle technology evolves, Advanced Driver Assistance Systems (ADAS) become more complex to keep vehicle occupants safe.
This most recent release provides new coverage in 60 distinct product categories and 75 part numbers for 2023 and 2024 model-year vehicles, according to SMP. As vehicle technology evolves, Advanced Driver Assistance Systems (ADAS) become more complex to keep vehicle occupants safe.
This most recent release provides new coverage in 60 distinct product categories and 75 part numbers for 2023 and 2024 model-year vehicles, according to SMP. As vehicle technology evolves, Advanced Driver Assistance Systems (ADAS) become more complex to keep vehicle occupants safe.
Canada’s ambitious goal to have 100% of new vehicle sales be electric by 2035 is facing significant skepticism from the auto industry. The EV Sales Quota: An Overview As you’ve learned in automotive school , Canada’s government has set a target of 100% of new vehicle sales being electric by 2035.
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