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Vehicle inventory swings back, maybe too far

Auto Service World

After years of shortages, dealership lots are now overflowing with vehicles, marking a significant shift in the automotive market as supply catches up with demand. Actually, in a lot of cases, inventory is higher than the dealerships would like, Campau observed of the current automotive inventory landscape.

Vehicle 277
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How sustainability efforts can reshape market dynamics

Auto Service World

The automotive industry is moving towards a more sustainable future, with the integration of recycled materials into manufacturing processes emerging as a key strategy, according to a report. Companies like Toyota, Mazda and Honda have begun integrating recycled plastics into their vehicle production.

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How new, used vehicle prices are trending

Auto Service World

Used car prices continue to decline as availability increases and new car prices have stabilized in the Canadian automotive market, according to analysis from AutoTrader.

Vehicle 294
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Why there’s a growing need to be more digital

Auto Service World

The automotive industry is undergoing a significant transformation as digital technologies reshape the way vehicles are bought and sold and dealers need to keep pace or lose relevancy. The transition to online car buying has fundamentally altered consumer expectations, observed Madhuchhanda Palit, automotive analyst at GlobalData.

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Rising costs prompt Canadians to rethink vehicle ownership

Auto Service World

With the rising cost of living impacting Canadians’ ability to afford transportation, a recent survey found significant shifts in consumer behaviour and preferences in the automotive market.

Vehicle 286
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What will transform the global auto industry

Auto Service World

The global automotive industry is undergoing a significant transformation, with 2025 poised to bring new developments influenced by key events in 2024. These factors, it noted, are shaping the automotive market and pushing the industry towards a more connected and autonomous future. Canada and the U.S.

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In Automotive Training? Explore Honda and Nissan’s New Deal

Automotive Training Centre

As the automotive landscape shifts dramatically towards electrification, two of Japan’s automotive giants, Honda and Nissan, have made headlines with a groundbreaking new deal in automotive training. Deals like this can affect the trajectory of your career after automotive training. What’s the Deal?