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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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SUVs continue to lead buyer preferences

Auto Service World

Light trucks have extended their domination in the new vehicle market, continuing to account for the vast majority of sales. New light vehicle sales in Canada grew by 4 per cent in the third quarter of 2024, contributing to a year-to-date increase of 8.1 This shift has resulted in light trucks accounting for a dominant 86.4

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Odomoters keep rising, boosting aftermarket

Auto Service World

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. “Older cars and light trucks generate more aftermarket product use per mile than newer models,” the report said.

Trucking 249
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Is the future of FCEVs boom or bust?

Auto Service World

According to a new report by IDTechEx, authored by technology analyst John Li, the year 2024 marked the second consecutive year of declining sales for FCEV passenger cars, with commercial vehicles also lagging behind BEVs. The greatest opportunity for FCEVs lies in heavy-duty trucks, Li wrote.

Trucking 207
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Domestic nameplates losing ground in aftermarket

Auto Service World

In Lang Marketings report, 2024 Domestic Nameplate Aftermarket Below 2005 , it found that while once commanding more than two-thirds of the vehicles in operation (VIO) between 2000 and 2010, domestic nameplates now represent a minority of light vehicles on U.S.

Trucking 255
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Here’s how Canadians are approaching car buying

Auto Service World

The study, conducted in August 2024, found that vehicle purchase intent has remained stable compared to the previous year, with 27 per cent of Canadians planning to buy a vehicle in the next six months. Nonetheless, truck inventory has risen by 13 per cent year-over-year.

Car 275
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Ford Recalls 3.5L EcoBoost V6 Trucks and SUVs for Misaligned Engine Cup Plugs

autoevolution

The Ford Motor Company has produced quite a few large trucks and sport utility vehicles with misaligned engine cup plugs for model years 2024 and 2025. According to the Dearborn-based automaker, certain trucks and utilities optioned with the 3.5-liter liter EcoBoost V6 are under recall.