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How Canadian new vehicle sales fared in 2024

Auto Service World

The Canadian light vehicle market saw a significant rebound in 2024, with overall sales reaching an estimated 1.86 The year began with exceptionally strong sales in January and February, which DesRosiers credited to pent-up demand as consumers were finally able to purchase vehicles they had been waiting for. million units.

Vehicle 276
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The liability of smart cars and understanding the risks

Auto Service World

The vulnerabilities of connected vehicles and the steps drivers and manufacturers can take to mitigate the risks. The global smart car market is expected to grow substantially in the coming years, raising numerous concerns about the safety of these cars. One of the most prevalent is cybersecurity.

Car 278
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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. These findings are part of Cloud Theory’s report On the Horizon: 2024 Review and 2025 Outlook that was released recently. million in November 2023.

Vehicle 241
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Announcing the 2024 Shop of the Year

Auto Service World

CARS magazine is proud to announce that Maidens Family Auto Care in Barrie, Ontario, is the winner of this years prestigious Shop of the Year Award, sponsored by Milwaukee Tool. And then if you look out on the parking lot here, Im sure out of 100 cars, you probably see 10 that are electric or hybrid. They had to learn to trust us.

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Here’s how Canadians are approaching car buying

Auto Service World

Despite ongoing economic challenges, Canadians are demonstrating resilience in their vehicle purchasing habits, according to new research from AutoTrader. While the economic landscape remains challenging, with high interest rates, gas and vehicle prices influencing decisions, Canadians are adapting.

Car 275
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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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How much vehicles now cost in Canada

Auto Service World

The price of new vehicles in Canada has levelled off in the last year but has still seen a significant increase in the last 10 years. 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.

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