Dang Doohickeys: J.D Power reports most on-board car tech not used by consumers, 51 percent have ‘no need’ for technology
Toronto, Ontario — We’ve all looked at a complex piece of technology and thought, “I’ll get around to setting that up one day,” but do we ever? According to a new study from J.D. Power, the answer, when it comes to new features in vehicles, is typically never. The influx of on-board features like more […]
Raising the Bar: Mazda announces exterior upgrades on 2022 CX-5, reflective body and gloss black finishes
Toronto, Ontario — Mazda’s CX-5 is getting a makeover in it’s 2022 model year, as the automaker’s popular crossover is due for updated exterior design and new interior features, according to a press release from Tuesday. With Nappa leather and genuine wood grain additions to the interior, Mazda appears to be positioning the new model […]
Corollamania: Toyota announces 50 millionth Corolla sold
Toronto, Ontario — Toyota hit a big milestone on Thursday as the Japanese OEM marked its 50 millionth Corolla sold since the model first hit Canadian roads in 1969. Having been first introduced to the world in 1966, the Corolla is a fixture in the automotive industry with more than 1.6 million sold in Canada […]
April Activity: Canada’s April vehicle sales up 254 percent from last year’s pandemic low
Toronto, Ontario — Canadian auto sales in April were up 254 percent compared to the same time last year, when sales dropped due to lockdowns. Canadian auto sales totalled 162,455 units last month, up from just 45,833 units in April 2020, according to estimates by DesRosiers Automotive Consultants. DesRosiers says April 2020 was one of […]
All-Time High: Vehicle prices in Canada hit the roof
Toronto, Ontario — Vehicle prices in Canada have hit an all-time high, with the average vehicle selling for more than $40,000. If you’re looking to buy a new or used vehicle you may have thought prices would be lower due to the COVID-19 pandemic but there are several factors that are making them cost more. […]
Market update: Most-searched vehicles, GM and flexible seating
By CRM staff Toronto – December 19, 2018 — In this week’s market update, Magna provides some insight to future trends and picks reconfigurable seating as a key feature for smart mobility. Plus, Canadian car shoppers show a preference for SUVs, and General Motors rolls out a jobs plan for Oshawa workers. Utility edges […]
Market update: Auto sales continue to slide
By CRM staff Toronto – December 10, 2018 — New vehicle sales in Canada were down 9.4 percent in November, continuing a slide that has been going on for eight months. Vehicle sales last month dropped to 143,668 units sold with year-to-date sales of 1,870,703, down 2.3 percent from last year’s record sales volume, according […]
Market update: Auto sales continue to decline, an alliance of analysts
By CRM staff Toronto — November 7, 2018 — In this week’s market update: Vehicle sales slide for seventh straight month, two automotive market forecasting firms join forces, and Copart expands in Europe. Auto sales dip The decline in Canadian light vehicle sales that began in March continued into October. The industry sold 161,125 units […]
Canada auto industry faces falling profits amid declining US demand
By Tom Davis Ottawa, Ontario — January 18, 2018 — Faced with declining demand from US consumers and uncertainty surrounding trade relations between the two countries, automotive production in Canada is expected to rise by just 0.8 percent this year. The slow pace of growth follows strong industry performance over much of the last decade, […]
Canadian auto sales to hit record high in 2017, despite November dip
By Tom Davis Toronto, Ontario — December 13, 2017 — The number of new vehicles sold in Canada in November dipped compared with the same month last year, but the industry is still on pace to top 2 million for the full year for the first time ever in automotive history. Scotiabank’s Global Auto Report […]
