Road to Recovery: Canadian motor vehicle parts shipments exceed pre-pandemic figures
Toronto, Ontario — While the pandemic posed some serious challenges across the auto industry, the motor vehicle parts shipments have exceeded pre-pandemic figures by 12.5 percent; over $2 billion, according to a recent release from DesRosiers Automotive Consultants. Similarly, while the motor vehicle assembly industry shipments remain behind 2019 figures, it is only by 4.3 […]
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 Prodigal Technician: Auto industry employment up 2.2 percent in Q1 2023, remains ‘robust’, DAC report says
Toronto, Ontario — A new report from DesRosiers Automotive Consulting (DAC) shows a partial parting of the clouds for auto industry employment, with trends showing an average uptick of 2.2 percent across all industry verticals in Q1 2023. Automotive parts and accessories stores led the way this quarter, recording 8.9 percent employment growth year-over-year, followed […]
Market Signals: Hyundai Elantra leads top 10 light vehicle sales report for Q1 2023, says Desrosiers
Toronto, Ontario — Desrosiers Automotive Consultants (DAC) Inc. has released a new report for the first business quarter of 2023, noting “uneven recovery in supply visible across the automotive market” and significant variance in light vehicle sales performance. Among passenger cars, the Hyundai Elantra retained its leading sales position despite seeing the smallest sales decrease, […]
Underachievement Unlocked: 2022 may have seen lowest auto sales in more than ten years, automotive consultants say
Toronto, Ontario — Annual light vehicle sales volumes for 2022 are on track to break the 1.5 million purchase volume maintained for more than a decade, according to an estimate from market research company, DesRosiers Automotive Consultants (DAC). Specifically, they predict that 2022 will wrap up with sales below 1.5 million units due to November’s […]
Production Pauses: DesRosiers shares motor vehicle assembly stats for 2020
Toronto, Ontario – According to DesRoisers Automotive Consultants Inc. (DAC), the year 2020 has not been kind to motor vehicle assembly in Canada. With plant shutdowns, models cut from automaker rosters, and production pausing during the pandemic, shipments for the motor vehicle assembly industry dropped 28.2 percent for the year. For the first time since […]
Peaks and Valleys: Desrosiers report shows sales volume varies province-by-province
Toronto, Ontario – How’s your 2021 going so far? Well according to the latest report from Desrosiers Automotive Consultants Inc. (DAC), that may depend on what province you live in, as sales numbers for the light vehicle market are scattered across the board in Canada, with figures ranging drastically from province-to-province. With the experience of […]
One for the Books: Desrosiers names 2020 as among most impactful on Canadian auto industry
Toronto, Ontario – While 2020 was, by most accounts, a year severely lacking in pleasant memories, Desrosiers Automotive Consultants (DAC) is suggesting that the previous year may in fact go down in history as a highly significant one in the context of the Canadian automotive industry, according to a new report from the company. DAC […]
January Blues: DAC reveals big declines for Jan. 2021 auto sales
Richmond Hill, Ontario — If you can remember January 2020, when the pandemic was a mere “What if?” Before the pandemic, DesRosiers Automotive Consultants Inc. (DAC) recorded January 2020 light vehicle sales and “unsurprisingly” found the month was the fourth-best January on record with estimated sales of 109,988 units. But, due to the pandemic, January […]
Tuesday Ticker: January 5, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Magna’s new CEO takes charge, PSA shareholders announce an overwhelming ‘ye’, DesRosiers preps to unveil new data and Volkswagen initiates the first phase of its Takata recalls. Moves at Magna Alongside the ringing of the new year, Magna International officially welcomed Swamy Kotagiri as the company’s new […]
