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Recent Articles

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Ford introduces the first-ever factory Matte Clear Film for Mustang offering personalization and better paint protection, with orders starting Feb. 27; available on all Mustang coupe models from June 2024, and on all convertible models by the end of 2024

GM led vehicle sales in Canada in 2023, signaling possible shift in consumer behavior and market trends

New-vehicle sales in February 2024 projected to reach 1,214,600 units, a 1.4% increase from the previous year; sales driven by higher inventory levels, increased manufacturer incentives and lower retailer profit margins: J.D. Power and GlobalData

December Canadian retail sales rose 0.9% year-over-year to C$67.3B, largely driven by auto sector, which accounted for 77% of increase; new car sales at dealers up 2.4% YoY, while parts, tires and accessory sales dropped 2.7% YoY: Statistics Canada

Global car sales growth expected to slow in 2024 after robust 2023 performance influenced by pent-up demand; momentum forecasted to range around +2.6% globally, led by China with growth of +3.0% while Europe and US expect +1.5% and +2.0% respectively

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