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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 growth of SUVs led to a new record for light truck share, with passenger cars falling to only 13.4 The luxury segment underperformed in 2024 due to affordability issues. million units. Thats an 8.2

Vehicle 276
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Electric Vehicle Trends to Watch in 2024 as a Student in Hybrid and Electrical Mechanic Training

Automotive Training Centre

This year marks a significant turning point in the journey of electric vehicles. Understanding these trends is crucial for aspiring mechanics and technicians specializing in hybrid and electric vehicles. 2024 is anticipated to witness more technological strides, enabling EVs to achieve substantially longer ranges.

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Is the future of FCEVs boom or bust?

Auto Service World

The future of fuel cell electric vehicles remains uncertain as the automotive industry continues to evolve, a new report highlighted. While battery electric vehicles (BEVs) have seen significant growth in model availability, sales, and charging infrastructure, FCEVs have struggled to keep pace.

Trucking 208
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EV momentum cools but growth still there

Auto Service World

Electric vehicle (EV) sales are continuing to grow, but the once-rapid pace of adoption is beginning to slow as the market reaches a new stage of maturity. last year and set new highs in the percentage of vehicles sold in Canada in 2024, including BEVs making up about 18 per cent of sales in December.

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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 244
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Average U.S. Vehicle Age Rises to 12.8 Years

Brake & Front End

light vehicles rose to 12.8 years in 2024, an increase of two months, according to S&P Global Mobility. 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%

Vehicle 100
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Automotive Interior Market to Hit $205B by 2032

Tomorrow's Technician

Battery Electric Vehicles Fuel Automotive Interior Market Growth The battery electric vehicle (BEV) segment is expected to lead the market by size through 2032. These vehicles often include more advanced systems than traditional vehicles. For example, the 2024 Hyundai IONIQ 6 showcases dual 12.3-inch