COVID-19 Weekly Automotive Market Update 10/20/2020

SUMMARY • Vehicle prices have sustained greater stability in the Canadian wholesale marketplace last week, continuing a calming trend that has almost lasted a full month. • Car segments decreased in wholesale value last week by -0.13%, and Trucks decreased by -0.02%. This is the first time since the week of September 18th that both […]

COVID-19 Mise à jour sur le marché 13 octobre 2020

RÉSUMÉ • Les prix des véhicules ont continué à se stabiliser davantage dans le marché canadien de gros la semaine dernière. • Les valeurs de gros des segments de voitures ont gagné 0,01pour cent tandis que les camions ont augmenté de 0,12 pour cent. Ces résultats sont très semblables à ceux de la semaine précédente. […]

COVID-19 Weekly Automotive Market Update 10/13/2020

SUMMARY • Vehicle prices continued showing greater stability in the Canadian wholesale marketplace last week. • Car segments increased in wholesale value last week by 0.01%, and Trucks also increased by 0.12%. These are very similar changes compared to the previous week’s results. • U.S. wholesale used vehicle prices declined for both Car and Truck […]

COVID-19 Weekly Automotive Market Update 10/6/2020

SUMMARY • Canadian wholesale used vehicle prices for the month of September increased by 1.5%, setting a new all-time record high for the CBB Used Vehicle Retention Index. • Cars decreased in wholesale value last week by -0.01%, and Trucks increased by 0.12%. These small changes in value illustrate a recent stabilization of market prices, […]

COVID-19 Mise à jour sur le marché

9 septembre 2020 RÉSUMÉ – La semaine dernière, Statistique Canada a annoncé que le taux de chômage avait baissé de 0,7 pour cent à 10,2 pour cent, ce qui représente une nette amélioration par rapport au taux record de 13,7 pour cent enregistré enmai 2020. – Statistique Canada a également indiqué qu’en août, 2,5 millions de […]

COVID-19 Weekly Automotive Market Update 9/9/2020

SUMMARY • Statistics Canada reported last week that unemployment fell 0.7% in August to 10.2%, which is a marked improvement compared to a record level 13.7% set in May 2020. • Statistics Canada also reported that in August 2.5 million Canadians are working from home, down from the peak of 3.4 million in April. The […]

COVID-19 Weekly Automotive Market Update 8/18/2020

SUMMARY As unbelievable as it sounds, there are a mere 34 days left in the summer of 2020. It has been a very challenging year for most Canadians, and each day has been a test for us all. It has been uphill, in almost every respect, for the auto sector. Just as the prime spring […]

COVID-19 Mise à jour sur le marché 11 août 2020

Alors que continue notre lutte collective en 2020, il est important de souligner les nouvelles nettement meilleures des dernières semaines quant aux progrès réalisés contre la COVID-19 et aux efforts déployés pour rétablir l’économie canadienne. Seuls 230 cas samedi et 236 cas dimanche ont été déclarés à l’échelle du pays, ce qui est certainement encourageant. […]

COVID-19 Weekly Automotive Market Update 8/11/2020

SUMMARY As we continue to struggle our collective way through 2020, it is well worth highlighting some decidedly better news over the past few weeks, as it relates to the direct battle against COVID-19, as well as the work to restore the Canadian economy. This past Saturday and Sunday saw only 230 and 236 cases, […]

COVID-19 Weekly Automotive Market Update 8/5/2020

The year 2020 has been a remarkably challenging one on all fronts. In every facet of daily life, we have all had to adjust and find new ways of conducting ourselves and doing business. The auto sector has dug in, innovated, and continues to amaze with its resilience during this crisis. July was truly an […]