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How a lack of off-lease vehicle is hurting the used market

Auto Service World

This trend is expected to persist through 2027, according to DesRosiers Automotive Consultants. The long-term impact of these disruptions is now being felt, the consultancy reported. Off-lease vehicles are a key source of product for the used car market.

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Aftermarket faces challenges as market softens

Auto Service World

A forecast from DesRosiers Automotive Consultants highlighted a potential future shift in demand for aftermarket services as fewer vehicles enter the critical years for parts replacement and maintenance, underscoring the need for the industry to adapt as Canada’s vehicle landscape changes.

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New vehicle sales stay hot in November

Auto Service World

Stats from DesRosiers Automotive Consultants show that November 2024s new vehicle sales numbers were almost 9 per cent better than the same time last year. The consultancy estimated that 156,000 were sold in November 2024, up 8.8 Canada has sold more new vehicles this year than last year with one more selling month to go.

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How Canadian new vehicle sales fared in 2024

Auto Service World

million units sold in 2023, according to DesRosiers Automotive Consultants. Several key market dynamics stood out over the past year for the consultancy. The Canadian light vehicle market saw a significant rebound in 2024, with overall sales reaching an estimated 1.86 million units. Thats an 8.2 per cent increase from the 1.72

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Aftermarket employment sets records

Auto Service World

But it was good new for those in the aftermarket, according to DesRosiers Automotive Consultants, including setting new records. While there was a modest increase in employment in the automotive sector as a whole, performance varies across different sectors. Employment in the motor vehicle manufacturing industry decreased by 1.8%

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SUVs continue to lead buyer preferences

Auto Service World

At the same time, the luxury vehicle market is retreating, according to data from DesRosiers Automotive Consultants. Light trucks have extended their domination in the new vehicle market, continuing to account for the vast majority of sales.

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YPA Spotlight: Connecting and collaborating on the future of the industry with Eddie Tso 

Auto Service World

Eddie shares his journey from senior management roles in technology and consulting to leading an automotive manufacturing company, and discusses what being part of the Young Professionals in the Auto Care (YPA) Community means to him. My journey into the auto care industry was shaped by both professional ambition and personal passion.