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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. This trend is expected to persist through 2027, according to DesRosiers Automotive Consultants. Off-lease vehicles are a key source of product for the used car market.

Vehicle 274
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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
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New vehicle sales stay hot in November

Auto Service World

Canada has sold more new vehicles this year than last year with one more selling month to go. Stats from DesRosiers Automotive Consultants show that November 2024s new vehicle sales numbers were almost 9 per cent better than the same time last year. The consultancy estimated that 156,000 were sold in November 2024, up 8.8

Vehicle 246
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New vehicle sales start the year strong

Auto Service World

Last month saw the highest number of new vehicle sales in January since 2018. But the bloom may quickly come off the rose, warned DesRosiers Automotive Consultants. In its January 2025 analysis, the consultancy estimated 118,000 unit sales, up 3 per cent from the same time last year. But there is concern.

Vehicle 270
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Improve Your Consulting Skills After Auto Body Estimating Courses

Automotive Training Centre

That’s where consulting skills come into play. Want to elevate your consulting skills and gear yourself up for even greater success in your new role? By showing genuine care, you can bridge the gap between being seen as just another service provider and becoming a trusted consultant. Discover essential tips in this blog post.

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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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SUVs continue to lead buyer preferences

Auto Service World

Light trucks have extended their domination in the new vehicle market, continuing to account for the vast majority of sales. At the same time, the luxury vehicle market is retreating, according to data from DesRosiers Automotive Consultants.