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Top Canadian Auto Dealer News

Canada rescinds digital services tax to advance stalled US trade talks
U.S.-Canada Relations · Canada

Canada rescinds digital services tax to advance stalled US trade talks

43% Center coverage: 297 sources
Canada has rescinded its digital services tax in a bid to advance trade negotiations with the U.S., Canada's finance ministry said in a statement on Sunday.See the Story
Automakers ‘cautiously optimistic’ on EV mandate changes after meeting with Carney
Canadian Economy · Canada

Automakers ‘cautiously optimistic’ on EV mandate changes after meeting with Carney

59% Left coverage: 27 sources
See the Story
Edmunds: What you need to know about rising used car prices
Tesla · Orlando

Edmunds: What you need to know about rising used car prices

54% Center coverage: 22 sources
If you’re shopping for a used car this summer, you may have noticed something frustrating: Prices are climbing again. According to the latest Edmunds’ Used Car Report, the average transaction price for a 3-year-old used vehicle has reached $30,522. That’s up 2.3% from the same time last year and marks the first time since mid-2023 that this number has climbed back over the $30,000 mark.Many people expected used car prices to cool off as new vehi…See the Story

Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility

72% Center coverage: 7 sources
The Manheim Used Vehicle Value Index climbs to 208.5, up 6.3% year over year and 1.6% month over month, reflecting seasonal strength despite tariff-driven volatility.Retail demand remains solid as off-lease supply continues to tighten, supporting higher used-vehicle values.The used-vehicle market…Inflation · EmporiaSee the Story

FOCUS: Auto tariff impasse sends U.S. prices up, demand down

100% Center coverage: 1 sources
No deal before the initial July 9 deadline for U.S. "reciprocal" tariffs is expected to pressure Toyota Motor Corp. and other major carmakers to raise prices to offset higher import costs -- a strategy likely to dent demand and further squeeze profits.Tariffs · United StatesSee the Story

First half segment sales indicate diversion from long-term trends

In looking at segment sales for the first half of the year, DesRosiers Automotive Consultants found the data showed a diversion from some long-term trends. The sub-compact car segment was up 50.5 per cent during this period and 94.5 per cent in the second quarter of 2025. That comes as models are disappearing from the lineup and volumes have sharply declined in recent years. But the growth of the Fiat 500E and strong sales for the Mitsubishi Mir…Canada · CanadaRead Article

Toyota among 10 most respected brands in Canada

Toyota is among the 10 most respected brands in Canada, according to a 2025 Leger Reputation Study. Now in its 28th year, the annual study is considered a benchmark for measuring corporate reputation and monitoring changes over time, within the country. This year’s report had Leger survey more than 38,000 Canadians to gain their perspectives on 326 companies across 30 different sectors. “Toyota’s consistent performance in our Reputation Study hi…Auto · CanadaRead Article

Car-sharing firm Turo and Lambert airport may be close to a deal, director says

100% Left coverage: 1 sources
Turo is a “peer-to-peer” online platform through which people can rent vehicles from private owners at various locations, not just airports.St. Louis, United States · St. LouisSee the Story

June sales roll along at a gradually slowing pace

Canadian light vehicle sales figures are in for June and continue to roll along at a gradually slowing pace as economic concerns build, according to DesRosiers Automotive Consultants.  Based on the firm’s latest update, sales came in at an estimated 178,000 units — up 5.3 per cent from a weak June 2024. The figure is also well below pre-pandemic levels, as June sales exceeded 200,000 back in 2017 and 2018.  “Significantly, the SAAR last month wa…Canada · CanadaRead Article

Used car market’s decrease in pricing more pronounced

This week Canadian Black Book’s data showed the used wholesale market experienced a decline of -0.32% in pricing for the reporting period ending on June 28.   Its Market Insights update also showed car segment prices were down -0.32% compared to the prior week’s -0.06%. And truck/SUV segments decreased by -0.32%, which is somewhat similar to the previous week. The only positive segments noted were minivans at +0.26% and sub-compact luxury crosso…Canada · CanadaRead Article

2,000 EV chargers in condominiums co-funded under government grant

100% Right coverage: 1 sources
Co-funding is available for another 1,500 EV chargers or until Dec 31, 2026, whichever comes first. Read more at straitstimes.com.Asia · SingaporeSee the Story

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