Lay of the Land: AIA releases report on dealer sales landscape
Toronto, Ontario — AIA’s new dealer landscape report gives collision shops a sneak peek at what vehicles are on their way to your repair bay. The Automotive Industry Association of Canada’s (AIA) “New Car Dealer Landscape 2021” report delves into the current vehicle sales environment and looks forward to emerging trends in the used vehicle […]
As Good as New: Used vehicles retaining all-time high of 64 percent of value, Canadian Black Book says
Toronto, Ontario — With inventory shortages rampant throughout the auto industry, that old beater car you let your teenager drive is actually becoming quite the hot commodity as Canadian Black Book reports that used vehicles have retained 64 percent their value over the past four years. According to senior vice president and general manager at […]
Flood Follies: Storm-damaged vehicles making way into Canadian used market
Toronto, Ontario — A new report from a personal finance advocacy group is calling for caution among car buyers as a deluge of storm-damaged vehicles floods the Canadian market. Vehicles that are imported into Canada are classified by the condition they are in when they enter the country. According to the report from Money Wise, […]
Used Car Commotion: Price of used cars in Canada has increased by 12.8 percent, amid microchip woes
Toronto, Ontario — Amid the global microchip shortage, the price of used vehicles in Canada is continuing to climb. New data from AutoTrader.ca shows the average price of used automobiles has risen by 12.8 percent last month. The online used vehicle marketplace says in July 2021, the average price of a used car on its […]
