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New vehicle sales in Canada climbed nearly eight per cent in May, even as the industry braced for potential trade disruptions and tariff fallout. DesRosiers Automotive Consultants estimated that Canadian new vehicle sales reached 187,000 units in May 2025 — a 7.9 per cent increase over the same month last year.
As the first quarter of 2025 ended, all was calm for used-vehicle retail prices. But, Cars Commerce reported in its Q1 2025AutoMarket Review , that might have been the calm before the storm. An early indication might have come in the form of used-vehicle trade-in values, which in March rose 1.9%
The automarket has fallen out of love with sedans , choosing to opt for taller and bigger crossovers. Because of that, many automakers have left the sedan market altogether , but there are still a few that soldier on.
Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the automarket. Despite garnering tons of acclaim—including from me—the Air has been a slow seller and the brand has… Read more.
A surge in wholesale used vehicle prices in the past two weeks signals the beginning of what could be a wild and unpredictable year of ups and downs in the market. Robb said the index for 1-to-10-year-old vehicles jumped by 1.2 million, the used-vehicle range is narrower, from 37.6 million to 38.0
. “The recent resolution of political uncertainty following the presidential election has cleared the path for a more optimistic outlook on future automarket conditions,” said Jonathan Smoke , chief economist at Cox Automotive. The used-vehicle sales environment also saw a slight improvement, moving from 43 to 44.
The steady growth in digital documentation processes reflects a mature understanding of the long-term benefits, positioning digital transformation as a critical pillar for the auto industrys future. Todays Rebounding AutoMarket The positive trends in the reported digital adoption coincide with a continued rebound in the U.S.
Cox Automotives Dealer Sentiment Index for the second quarter of 2025 offered a stark illustration of the different worlds inhabited by franchised and independent dealers in their outlook of the current used-vehicle sales environment. The combined used-vehicle sales index for all dealers improved for the sixth consecutive quarter.
The automarket has been upended by the massive tariffs President Donald Trump announced since January. If you want to buy an electric vehicle, May is probably your last chance to pay a reasonable price. While carmakers will undoubtedly raise prices, you can still find exciting deals while the stocks last. continue reading. )
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