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AutoTrader.ca Delivers First AI-Powered Automotive Marketplace Solution to Canadian Dealerships

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TORONTO, ON – August 23, 2023 – AutoTrader.ca, Canada’s largest and most trusted automotive marketplace, has announced the launch of Upgrade Optimizer - AI, a breakthrough artificial intelligence (AI) technology that is set to deliver efficiencies to the management, likewise spur performance for promoted dealership placements, through the AutoTrader.ca Listing Upgrade product portfolio. As ever,
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Overcoming Car Buyer Hesitancy in a Period of High Prices & Increased Interest Rates

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Canadian car shopper confidence has been increasing steadily, with purchase intentions continuing to rise since last year. But the car shopping journey and purchase process can still present certain challenges for buyers, and dealership operators who have an acute understanding of the drivers behind consumer hesitancy, will be well-equipped to help shoppers navigate purchase and

AutoTrader Carology Bitesize: June 2023 Price Index

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Canadian automotive dealerships looking to keep pace with market trends should keep a pulse on industry dynamics. In this AutoTrader Carology Bitesize episode, we are joined by Baris Akyurek, Vice President of Insights & Intelligence at AutoTrader.ca, to provide an update used and new vehicle pricing trends, the current state of the automotive industry, consumer
Price Index June 2023

AutoTrader Price Index – June 2023

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Since the start of the year, the automotive industry has demonstrated impressive resilience, driven by strong consumer demand. Coupled with lower than usual inventory levels, this has yet again resulted in increased prices for both new and used vehicles compared to the previous year. In June 2023, the average price of a used vehicle remained
AutoTrader Carology Bitesize: March 2023 Price Index

AutoTrader Carology Bitesize: March 2023 Price Index

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The automotive industry is constantly evolving, and staying up to date with the latest pricing trends is crucial to success. Through our AutoTrader Carology Bitesize video series, we host industry experts to discuss the latest news and trends in Canadian automotive. In this episode, we’re joined by Baris Akyurek, Vice President of Insights & Intelligence
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2023 AutoTrader Best Priced Dealer Award Winners Announced

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Recognizing Canadian Automotive Dealerships Advertising on AutoTrader.ca for Their Commitment to Fair and Transparent Pricing   TORONTO, ON – April 27, 2023 — AutoTrader.ca, Canada’s largest and most trusted automotive marketplace, today announced its fourth annual AutoTrader Best Priced Dealer Award winners. The awards honour the country’s top dealerships for their commitment to consistently providing
March Price Index

AutoTrader Price Index – March 2023

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Since the start of this year, the automotive market has shown remarkable strength with robust demand leading to higher prices for both new and used vehicles compared to the previous year. The average price of a used vehicle in March 2023 remained stable compared to last month, hovering just around $39k, a 5% year-over-year increase.
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