Canadian vehicle sales could improve in 2024
After facing major supply chain issues during the height of the COVID-19 pandemic, the auto manufacturing industry in Canada is expected to make a rebound in 2024.
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After facing major supply chain issues during the height of the COVID-19 pandemic, the auto manufacturing industry in Canada is expected to make a rebound in 2024.
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The average price of a used passenger vehicle was around $37,000 at the end of September, down around 14 per cent from an average price of about $43,400 in 2022
The average price of a new car as of the end of September was nearly $60,000, Canadian Black Book numbers show, up from just under $40,000 in 2020