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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. Off-lease vehicles are a key source of product for the used car market. The long-term impact of these disruptions is now being felt, the consultancy reported.

Vehicle 274
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Why more dealer incentives could be coming to new vehicles

Auto Service World

As new vehicle inventory continues to grow and sales slow, manufacturers and dealers are expected to offer higher incentives to keep cars and trucks moving off lots in 2025. New vehicle inventory reached 3.23 At the same time, the average days to move a vehicle jumped from 51 days to 71 days, the group reported.

Vehicle 242
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Why Canadians are choosing more practical vehicles

Auto Service World

Canadian consumers are moving toward affordability and practicality when shopping for vehicles, according to year-end data from AutoTrader. Economic challenges appear to be influencing decisions, with mainstream models taking precedence over luxury vehicles in both searches and sales throughout 2024.

Vehicle 278
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Average U.S. Vehicle Age Rises to 12.8 Years

Brake & Front End

light vehicles rose to 12.8 Vehicle registrations surpassed 16 million in 2024 for the first time since 2019. This was not enough to offset the growing volume of aged vehicles as vehicles in operation grew to 289 million with a steady 4.5% The average passenger car age climbed to 14.5 The average age of U.S.

Vehicle 100
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Average U.S. Vehicle Age Rises to 12.8 Years

Tomorrow's Technician

light vehicles rose to 12.8 Vehicle registrations surpassed 16 million in 2024 for the first time since 2019. This was not enough to offset the growing volume of aged vehicles as vehicles in operation grew to 289 million with a steady 4.5% The average passenger car age climbed to 14.5 The average age of U.S.

Vehicle 130
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EV World: Market Momentum

Auto Service World

In January 2025, Transport Canada announced the pause of the Incentives for Zero-Emission Vehicles (iZEV) Program due to the exhaustion of available funds. Since its inception in 2019, the iZEV Program has been instrumental in promoting EV adoption by offering rebates of up to $5,000 for eligible vehicles. per cent in 2023.

Vehicle 191
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How the Cybertruck Went From the Hottest Car to the Biggest Flop in Just One Year

autoevolution

Despite the peculiar shape, the Tesla Cybertruck promised to be a cutting-edge vehicle from the future that was set to revolutionize the automotive industry. Here's what led to this loss of steam for one of the most anticipated vehicles in the world. In 2019, Tesla unveiled the Cybertruck, undoub. continue reading. )

Car 132