Automotive Archives

AutoTrader Price Index: June 2024

Leave a Comment / Article / By Emma Silveira

Starting in the third quarter of last year, used car demand softened slightly on a year-over-year basis. This trend, coupled with increased used car supply, resulting from strong new car sales and subsequent trade-ins, as well as a pivot in demand to new cars due to a ramp up in production and availability, has brought

AutoTrader.ca Launches First-of-its-Kind New Car Shopping Experience

Leave a Comment / Press Release / By Emma Silveira

TORONTO, ON – July 3, 2024 – AutoTrader.ca, Canada’s largest and most trusted automotive marketplace, today announced the launch of Storefront, a first-of-its-kind new car shopping experience, equally, a fresh tactic for automotive manufacturers and their dealership network to promote their complete new vehicle lineup to the millions of Canadian consumers that frequent the marketplace every month.

Consumer Confidence in Personal Finances Outlook Reaches Highest Point in the Last 12 Months

Leave a Comment / Article / By Jil McIntosh

Although the economy remains slightly unsettled, with the highest interest rates in over two decades only now making a slight dip, and gas prices still on the high end, consumer research shows that Canadians are still steady in their vehicle purchase intentions through the second quarter of 2024. In our latest study by DIG Insights,

AutoTrader Carology Bitesize: March 2024 Price Index

Leave a Comment / Video / By Emma Silveira

Get the latest on Canadian automotive pricing, inventory levels and factors influencing current market dynamics. In this AutoTrader Carology Bitesize episode, we are joined by Baris Akyurek, Vice President of Insights & Intelligence at AutoTrader.ca, to get an update from our latest AutoTrader Price Index report. Tune in to see the results, to stay informed

Canadian Automotive Retailers Recognized as 2024 AutoTrader Best Priced Dealer Announced

Leave a Comment / Press Release / By Emma Silveira

Recognizing Canadian Automotive Dealerships for their Commitment to Fair and Transparent Pricing TORONTO, ON – April 26, 2024 — AutoTrader.ca, Canada's largest and most trusted automotive marketplace, announced the winners of its annual AutoTrader Best Priced Dealer Awards. This esteemed recognition, now in its fifth consecutive year, honours the country’s top dealerships for their commitment

AutoTrader Price Index: March 2024

Leave a Comment / Article / By Emma Silveira

After a strong start to 2023, the demand for used cars has gradually softened since Q3 of last year. This shift combined with the rise in used inventory resulting from robust growth in new car sales and the ramp up in trade-ins of used vehicles, in addition to demand pivoting from used to new cars,

2024 Car Shopper Purchase Intentions & Outlook Remain Strong

Leave a Comment / Article / By Jil McIntosh

From the state of the economy to gas prices, compounded by the dynamics of interest rates, it goes without saying that there are a multitude of factors impacting the Canadian automotive landscape. However, one aspect that has proven its durability, regardless of market dynamics, is car shopper purchase intention. Our latest research study conducted by

Clarivoy Study Reveals AutoTrader.ca Influences Majority of Vehicle Sales in Canada

Leave a Comment / Press Release / By Emma Silveira

TORONTO, ON – February 7, 2024 – AutoTrader.ca, Canada’s largest and most trusted automotive marketplace, is pleased to announce the results of a comprehensive study that underscores the unique value it brings to automotive dealerships in driving vehicle sales. The study, conducted in collaboration with Clarivoy, a leader in identity-based targeting and measurement for automotive

AutoTrader Price Index: December 2023

Leave a Comment / Article / By Emma Silveira

After a strong start to the year, there has been a gradual decrease in the demand for used cars since the beginning of Q3. This trend, combined with the surge in used inventory due to the strong growth in new car sales throughout 2023, has resulted in six consecutive months of declining prices for used

2024 AutoTrader Awards: Category Winners Revealed for Canada’s Most Trusted Automotive Awards

Leave a Comment / Press Release / By Emma Silveira

The AutoTrader Awards celebrate automotive excellence and recognize the best vehicles for Canadians. TORONTO, ON – January 18, 2024 — Winners for the 2024 AutoTrader Awards have been announced today, revealing the best vehicles in Canada according to some of the country’s best automotive experts. “AutoTrader is Canada’s leading and most trusted automotive marketplace, and

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