Longevity List: iSeeCars study reveals Toyota vehicles most likely to reach 400,000 kilometres
Toronto, Ontario — iSeeCars’ latest study has identified the 30 longest-lasting models with a higher-than-average percentage of reaching 400,000 kilometres; Toyota’s Tundra tops the list. iSeeCar analyzed over 402 million cars to determine which last the longest, judging by odometer kilometres. Of all vehicles identified, the Toyota Tundra and Toyota Sequoia are four times more […]
Riding the Age Wave: Average age of vehicles in the U.S. reaches 12.6 years in 2024, according to S&P Global Mobility
Toronto, Ontario — According to a recent S&P Global Mobility report, vehicles on the road are continuing to get even older with the average age of cars and light trucks in the United States now reaching 12.6 years in 2024. This age represents a two month age increase from 2023, however, S&P Global Mobility noted […]
Hijacking Insurance Rates: MyChoice study shows auto theft spikes significantly affect insurance premiums across Ontario
Toronto, Ontario — In a recently released report, MyChoice has revealed a possible correlation between carjacking rates across Ontario and record-high insurance premiums. The company specifically looked at the carjacking rates across Ontario cities with a population size of over 100,000, and then compared this data to the monthly insurance premiums across these same cities. […]
Rough Rides: Ram drivers have highest driving misdemeanor rates in the United States reveals end of year report
Toronto, Ontario — A report from Lending Tree using insurance quote data shows that across 30 car brands analyzed, Ram drivers had the highest accident rates in 2023. According to the data analyzed, Ram drivers had 32.90 driving incidents—ranging from accidents, DUIs, speeding and citations—per 1,000 drivers from November 14, 2022 to November 14 of […]
Recall Rankings: Ford the most recalled vehicle brand in the United States for 2023
Toronto, Ontario — According to data from the National Highway Traffic Safety Administration (NHTSA) Ford is the most recalled vehicle in the United States, topping the charts at 54 recalls. In its annual report, the NHTSA notes that across 54 recalls for 2023, affected vehicles from Ford numbered around 5,692,135, nearly three million more than […]
Dealer Data: CADA’s 2023 Economic Impact Report shows financial merit of Canada’s automotive dealers
Toronto, Ontario — The Canadian Automotive Dealers Association (CADA) recently published its 2023 Economic Impact Report, revealing total automotive sales for 2022 were up 20.6 percent from 2021. The study—drawing on data collected from 2022—was developed in collaboration with accounting firm MNP and is meant to offer a comprehensive view of the economic contributions made […]
