article thumbnail

How Canadian new vehicle sales fared in 2024

Auto Service World

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.

Vehicle 276
article thumbnail

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 million in November 2023. New vehicle inventory reached 3.23 million in November 2023.

Vehicle 243
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

The vehicles Canadians preferred in 2023

Auto Service World

Despite economic uncertainties and record-high vehicle prices, recent data show optimistic consumer sentiment when shopping for a new vehicle. AutoTrader recently released insights into Canadian vehicle shopper preferences for 2023.

Vehicle 289
article thumbnail

Odomoters keep rising, boosting aftermarket

Auto Service World

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.

Trucking 249
article thumbnail

Here’s how Canadians are approaching car buying

Auto Service World

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.

Car 275
article thumbnail

A Year in Review: A List of 2023’s Best Electric Vehicles for Students in Automotive Training

Automotive Training Centre

The Electric Vehicle industry has witnessed several exciting new developments in 2023. These innovative features have been integrated into the most recent vehicles and others in development. Here’s a list of the cars that stood out in 2023. What it offers is comfortable and safe driving on an enduring electric charge.