Growing Concerns
Inflation and Interest Rates maybe rising but consumer demand is still working in dealers’ favour. Just when we think things might finally be straightening out, something…
Posts by Rebekah Young
The World Changes Again
Conflict in Ukraine will further affect the industry’s fragile recovery. One of the drawbacks in being an economic forecaster is that you appear to have everything…
Gradual Recovery
Current signals point to improvements in both the new and used vehicle markets, though this is likely to take some time. We’ve seen improvements in new-vehicle…
Electric Vehicles: What Can We Expect?
Price and manufacturing may be cause for uncertainty. For the auto industry and its dealers, the transition to electric vehicles (EVs) may be among the most…
Empty Dealer Lots Are a Dose of Reality
High demand and shortages might last until 2023. The dealer lots are still almost empty, and that’s a “dose of reality” that’s likely to remain with…
Economic Outlook: Vehicle Prices Still High
Although inventory is starting to improve, supplies remain limited, pushing up demand and pricing. Canadian auto sales saw a bit of rebound in early summer after…
Global Auto Sales Saw 1.4% Rise in January 2021 by Rebekah Young
Expect ups and downs, rather than a straight upward trend. Global auto sales continued their volatile recovery in January of 2021, with a rise of 1.4%…
Canadian Sales Rise 70% After Major Drop in 2020
To no one’s surprise, the COVID-19 pandemic took its toll on the auto industry in 2020. Global sales dropped by 15% y/y, including a fall of…
Global Auto Sales Improve Modestly Again in October by Rebekah Young
Sales continue to stabilize, and even show some improvement Global sales continued to stabilize in October, reaching positive territory for a second consecutive month since the…
Global Auto Sales by Rebekah Young
Canadian auto sales posted another rebound in July, marking a third consecutive month of recovery. Sales have improved, but the pandemic is still having an effect.…