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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.

Vehicle 269
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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.

Vehicle 246
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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. Thats an 8.2 per cent increase from the 1.72 However, Andrew King, managing partner at DesRosiers, called for caution despite the optimistic numbers. million] to 41.5 per cent and 23.2

Vehicle 271
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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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New vehicle sales start the year strong

Auto Service World

But the bloom may quickly come off the rose, warned DesRosiers Automotive Consultants. In its January 2025 analysis, the consultancy estimated 118,000 unit sales, up 3 per cent from the same time last year. Last month saw the highest number of new vehicle sales in January since 2018.

Vehicle 264
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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.

Technical 272
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Uncertainty as retail sales grow

Auto Service World

While at first blush changes in retail sales in Canada in the first quarter of 2025 seem to show significant variation, the true picture is likely not as diverse as it first appears, said an analysis from DesRosiers Automotive Consultants about the first quarter of retail sales this year. Automotive parts, accessories and tires grew 4.7

Retail 173