The Story of Inventory: Truck sales prevail amid global inventory shortages, DesRosiers report says
Toronto, Ontario — DesRosiers Automotive Consults Inc. has released its year-end sales report for the Canadian auto sales industry in which the company boils down the past year to the following idea: if 2020 year was the year of no customers; 2021 is the year of no cars. A year into various forms of COVID-19 […]
If it Ain’t Broke: LKQ says salvage parts out-performing aftermarket in Q3 earnings report
Toronto, Ontario — LKQ released its third quarter earnings report last Thursday and found that recycled parts are out-performing the aftermarket in revenue. President and CEO Dominick Zarcone believes he knows why. “Salvage parts come from the local markets, right? We buy total loss vehicles locally, we dismantle them locally and then we can distribute […]
EV/AV Report: October 18, 2021
Toronto, Ontario – In this week’s electric and autonomous vehicle report, Electrify Canada announces a new Level 2 home charging station, Volkswagen reports strong EV sales numbers for Q3 and a Massachusetts town has found a way to work electric school buses into the public power grid. Home is where the charge is Electrify Canada’s […]
Prairie Performance: Saskatchewan reports 61 percent climb in mfg. sales since June 2020
Regina, Saskatchewan — Saskatchewan’s government is reporting “strong signs of economic recovery” as the province declares a 61 percent increase in manufacturing sales in June 2021, as compared to last year’s numbers. “Manufacturing sales are trending upwards for Saskatchewan, continuing to show a strong post-pandemic economic recovery,” said Minister of Trade and Export Development Jeremy […]
