Scotiabank Economics Archives

Scotiabank Economics

Economic Insight: 2024, Year of “Rebalancing?”

Trends point to more stability in auto sales during 2024. Happy new year, and welcome to 2024. Last year was a period of recovery for Canadian…

January 19, 2024

Scotiabank Auto Report: Inventory Shortages Impact Sales in August

Scotiabank’s latest Global Economics Auto Newsflash, shows that new vehicle sales in both Canada and the U.S., continue to be impacted by inventory shortages. In Canada,…

September 3, 2021

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…

August 16, 2021

Canadian Vehicle Sales Rebound in July: Scotiabank News Flash

Scotiabank’s most recent Global Economics Auto News Flash revealed that Canadian new vehicle sales continued to rebound in July as the economy continues to open up.…

August 6, 2021

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…

November 27, 2020

Canadian Auto Sales Stabilized in October

In a report by Rebekah Young, Director, Fiscal & Provincial Economics of Scotiabank Economics, numbers for vehicle sales for Canada and the U.S. for October 2020…

November 5, 2020