Car Shoppers

Summary New methods of tracking consumer shopping data in real-time provide retailers additional information on the websites car shoppers visit to obtain information Consumers, including car shoppers, who see product advertisements are increasingly going to large online marketplaces as their first stop, rather than to search engines or brand websites According to a recent Clarivoy

In a rapidly changing marketplace, one of the clearest indicators of industry vitality lies in the purchase intentions of Canadian car shoppers. These intentions provide a view of consumer sentiment, serving as a critical tool for dealerships and automakers looking to stay ahead. While market fluctuations are a reality, trends reveal an adaptive consumer base

Car shopper purchase intentions serve as an indicator of overall industry health and getting on the lead foot to understanding consumer purchasing patterns. Staying attuned to these behaviors is essential in maintaining a competitive edge in the Canadian automotive landscape. By closely monitoring car shopper purchase intentions, dealerships can anticipate and adjust to evolving market

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,