As Good as New: Used vehicles retaining all-time high of 64 percent of value, Canadian Black Book says
Toronto, Ontario — With inventory shortages rampant throughout the auto industry, that old beater car you let your teenager drive is actually becoming quite the hot commodity as Canadian Black Book reports that used vehicles have retained 64 percent their value over the past four years. According to senior vice president and general manager at […]
The Long and Short of It: Canadian car speculations loom as U.S. inventory dips 50 percent below average levels
Washington, D.C. — U.S. vehicle inventory is down 50 percent, leading to some used cars selling for more than what they sold for when they were brand new. This raises questions on if Canada’s automotive industry will be in the same predicament later this year. Although new car inventory is down only 20 percent in […]
