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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. With more than 300 million vehicles on North American roads, EV adoption will be a gradual process. Its going to be slow and steady growth for the next several years.

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ASW Conversations: Navigating the Canadian auto landscape, with Todd Campau

Auto Service World

The Canadian automotive market is charting a distinct path compared to its southern neighbour, with electric vehicle adoption outpacing the United States and unique trends emerging in consumer preferences and the aftermarket. While theres nuance to each market, there are differences between Canada and the U.S.

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What will transform the global auto industry

Auto Service World

These factors, it noted, are shaping the automotive market and pushing the industry towards a more connected and autonomous future. By 2030, the industry will witness an influx of brands leveraging expertise from the electronics and software sectors, driving the development of connected and autonomous vehicles.

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COMMENTARY: Key takeaways from the Q1 2025 Automotive Market Report

Auto Remarketing

Inventory levels for both new and used vehicles saw increases in carryover units, and aged inventory continues to weigh heavily on dealership profitability. At the same time, pricing trends are shifting, and the once-rapid adoption of electric vehicles (EVs) appears to be slowing. For more information, visit www.lotlinx.com.

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Key Takeaways from the Q1 2025 Automotive Market Report

AutoSuccess

Inventory levels for both new and used vehicles saw increases in carryover units, and aged inventory continues to weigh heavily on dealership profitability. At the same time, pricing trends are shifting, and the once-rapid adoption of electric vehicles (EVs) appears to be slowing.

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Benefits of Dealerships Attending NADA and Leveraging It for Product Discovery

AutoSuccess

Access to Cutting-Edge Industry Insights NADA Show provides dealers access to the latest trends in automotive retail, including shifts in consumer behavior, advancements in technology and regulatory updates. This not only attracts environmentally conscious buyers but also positions the dealership as a forward-thinking player in the market.

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EV World: Navigating the new path forward

Auto Service World

As incentives tail off but growth remains, heres how automakers plan to find success with consumers in the ZEV market and the role of PHEVs in the reconfigured environment The zero emission vehicle market has cooled down but that doesnt mean there wont be growth in the market. per cent of new vehicle registrations.