A recovery is well established among residual values of younger used vehicles. DAC analysis of data from Canadian Black Book shows that the residual values of three-year-old used passenger cars have risen steadily in recent years, from 49.0 percent in 2010 to 50.8 percent in 2011 and again to 54.6 percent in 2012. Light trucks...
A strong May across Canada led to a strong May in almost every province with all but New Brunswick seeing double digit increases in light vehicle sales for the month. Tiny little PEI led all provinces but the true strength in the Canadian market starts on the West coast with British Columbia, Alberta, Saskatchewan and...
Ending the first half of a resurgent 2012, June vehicle sales didn’t match the pace set by previous months. Nevertheless, the Canadian light vehicle market grew by 2.8 percent year-over-year last month, helping total 2012 YTD growth hit 7.1 percent. June represented a mixed bag for some major players. Top-selling Ford (-8.7% / 30,539 units)...
Canadians’ total gasoline consumption declined last year from record-setting 2010 levels. From an all-time high of 38,810,787 m3 of gasoline sold in 2010, sales dipped 1.6 percent to 38,208,346 m3. This decline represents the most significant usage drop in our time series and comes on the heels of an above average 2009-2010 gain (+2.7%). Note...
Observations – June 2012
New Vehicle Sales in 2012 – Halfway Review Six months into 2012, tides of recovery are washing across our vehicle market’s shores. In many cases, once-tarnished brands – and indeed, entire segments – are being polished back to their old lustre; in several less fortunate instances, automakers are fighting a lack of buoyancy in the...
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