Market Trends: Page 2

Market Trends

AkzoNobel: Vehicle refinish sales drive strong second quarter

AkzoNobel

Operating income for the division rose 7% to €161 million. Adjusted earnings before interest, taxes, depreciation and amortization increased to €219 million...

Market Trends

Hybrid Demand: Toyota tops U.S. auto sales list

J.D. Power

According to Cox Automotive, hybrid sales have increased by more than 80% since 2023 and accounted for 14% of light-vehicle sales earlier this year. The...

Market Trends

Tuesday Ticker -- July 21, 2026

Kia Canada

In this week’s Tuesday Ticker, private equity financing is supporting a Canadian parts distributor’s expansion, a Canada-specific electric vehicle model is...

Market Trends

Boost for BASF: Auto coatings bolster preliminary results

BASF Canada Inc.

Preliminary figures released by BASF show the German chemical producer recorded €4.1 billion in net income during...

Market Trends

Canadian EV sales: Expected to rise by 40.2% in 2026

J.D. Power

Canadian electric vehicle sales are forecast to rise 40.2% in 2026, while the country’s wider light-vehicle market grows 3.0%...

Market Trends

VW Group: Major cuts to model complexity announced

A significant overhaul of the Volkswagen Group's global vehicle lineup is underway -- a move that could drastically simplify...

Used Prices: Manheim index shows EV prices outpace ICE

U.S. wholesale used-vehicle values remained above last year’s levels in June, while electric vehicle values rose 12%...

Data Split: CARFAX parent becomes public company

CARFAX Canada

A standalone automotive data company has been spun out of S&P Global Inc., moving CARFAX Canada...

Tuesday Ticker -- July 7, 2026

Insurance tech and EV leadership shifts reshape auto industry landscape this quarter

Inch by Inch: Vehicle sales increase for the first time in eight months

Light vehicle sales for the month totalled 182 thousand units, a 1.9% increase from the 178 thousand units sold in June of 2025, although DAC notes that...

Tuesday Ticker -- June 30, 2026

In this week’s Tuesday Ticker, BlackBerry's move into automotive software makes waves, AutoCanada exits the U.S., Axalta’s merger is put to a vote...

U.S. Exit: AutoCanada sells Toyota of Lincolnwood

The sale is part of AutoCanada’s plan to leave the U.S. market and focus on its Canadian dealership and collision repair businesses...

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