2023 Car Trucking 
Auto Service World
JANUARY 23, 2025
However, 53 per cent of Canadians believe their financial situation will improve in the next six months, marking an increase from 45 per cent in 2023. Nearly half (47 per cent) of used-car buyers consider new vehicles, while 36 per cent of new-car buyers are exploring used options.
Auto Service World
MARCH 27, 2025
As the age of cars and light trucks continue to rise, vehicle odometer readings continue to climb, driving growth in the aftermarket for internal combustion engine (ICE) vehicles. averaged approximately 14,000 more odometer miles in 2023 than they did 10 years earlier. The average age of a vehicle in the U.S.
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Auto Service World
JANUARY 10, 2025
million units sold in 2023, according to DesRosiers Automotive Consultants. The growth of SUVs led to a new record for light truck share, with passenger cars falling to only 13.4 per cent sales increase over 2023. million units. Thats an 8.2 per cent increase from the 1.72 While we would never take a gain of 8.2
Auto Service World
MAY 15, 2025
DesRosiers Automotive Consultants reported that the average price for a new vehicle at the end of 2024 surpassed $45,000 for a passenger car and almost $55,000 for a light truck. Passenger cars in 2015 sat at an average of $28,675 that has grown to $45,813 in 2024. per cent from 2023 to 2024. Thats a 60% increase.
Auto Service World
MARCH 12, 2025
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. million in November 2023. If they replaced that car with a similar model priced at $27,770 and an interest rate of 7.5
Auto Service World
JUNE 27, 2025
It might not be the rite of passage it was when I was 16 to get a car, but they’re still coming to owning vehicles as they age. Despite initial forecasts predicting a decline in 2023, mileage levels remained steady. roads by passenger cars and light trucks.” Looking ahead, VMT is expected to hit record numbers.
Auto Service World
JANUARY 16, 2025
Regional trends Ontario : Consumers maintained a balance between luxury sedans, performance cars and SUVs. British Columbia : Luxury vehicles saw a sharp decline, with only three models making the top searched list, down from five in 2023. Saskatchewan : Trucks dominated, accounting for 60 per cent of all searches.
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