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How will the year shape up?

Canadian Auto Dealer

New car sales have been on the rise with year-over-year increases in the past 14 months, much to the delight of OEMs and dealers. DesRosiers Automotive Consultants (DAC) reported new car sales in 2023 reached 1.63 million in 2022 when seven consecutive interest hikes and a supply shortage caused a dip from 1.63 million in 2021.

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Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability

Auto Remarketing

The company said its based on data from a variety of current sources, including unique research and modeling, as well as surveys and interviews of consumers, dealership executives, OEMs, supply chain players and industry analysts. The full report can be downloaded here. Thats all out the window as we start 2025, because of U.S.