Fasten your seatbelts
Canadian Auto Dealer
MARCH 12, 2025
A major factor for the increases in 2024 was the Bank of Canada dropping interest rates by a combined 1.75percent, along with more inventory supplied to dealers by manufacturers. David McQuilkin, Dealer Principal/GM of Gallinger Ford Lincoln in Milton, said another factor is the weakened Canadian dollar that has resulted in U.S.
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