McLEAN, Va. - While domestic models made up the majority of the Top 10 most-researched used
vehicles at NADAguides.com last month, many of the brands boasting the greatest
increases in consumer search activity were imports.
The latest report from IBISWorld and findings from Equifax Canada released
this week covered what appears to be a rosy future for the used-car industry, as
analysts predict strong growth in the Canadian automotive industry and report
more consumers turning to the used-vehicle industry for their next car
This week, the Canadian automotive industry had time
to respond to the Canadian Government’s introduction of an improved test
methodology for establishing fuel-consumption values, which will be used for new
2015 model-year vehicles — and the verdict is positive.