Ups and Downs: Automotive aftermarket ‘pillar of strength in the industry’, DAC sales report says
Toronto, Ontario — The automotive aftermarket was a “pillar of strength in the industry” when looking at retail sales for automotive parts, accessories and tire stores for Q1 2023, according to a report from DesRosiers Automotive Consultants (DAC). Automotive parts, accessories and tire stores saw a 10.2 percent increase in retail sales, when compared to […]
The Power of People: Aftermarket employment ‘continued to show strength’ over past year, DesRosiers report says
Toronto, Ontario — The automotive aftermarket appears to be leading the pack among the many other industries seeking out highly in-demand skilled trades workers, as the latest employment report from DesRosiers Automotive Consultants Inc. (DAC) shows that employment in the sector is up 4.2 percent since June 2021. “The aftermarket especially continued to show strength, […]
Spilling the Tea: AIA Canada publishes new report on millennial consumers
Toronto, Ontario – As millennials and other young vehicle owners age, their changing preferences will impact the automotive aftermarket – they do represent a quarter or so of the Canadian population. The Automotive Industries Association’s (AIA Canada) latest report, Understanding Millennials: A Quick Profile of Young Canadian Vehicle Owners 2021-2022 may help you understand the […]
Light at the End: SEMA report shows most equipment manufacturers experienced growth since 2020
Toronto, Ontario — According to a new report from SEMA, equipment manufacturers have fared well over the past year in spite of supply chain disruptions, with 70 percent of manufacturers reporting sales growth over the past year. While many retailers struggled through the onset of the COVID-19 pandemic and the shutdowns that followed, the manufacturing […]
Rental Plateau: Enterprise reports Q3 2021 length of rental mostly static since last year
Toronto, Ontario — As the Canada-U.S. land border re-opens this week, Enterprise Rent-A-Car is expecting that Canadian claims volumes may finally return to pre-pandemic levels. The company noted in its Q3 Length of Rental report that average billed days for car rentals have remained static at 11.4 days since Q3 of 2020. The U.S., on […]