Topic: CarGurus data

Industry Pulse: analyzing the changing ZEV landscape in Canada

Posted by Meg Bernazzani on June 20, 2019

At CarGurus, we’re always looking for ways to share more industry insights with our valued dealers. Today, our Director of Automotive Industry and Economic Analysis, George Augustaitis, takes a look at the ZEV landscape in Canada.

The Chevrolet Bolt and Nissan Leaf are poised to lead EV market in Canada

The Chevrolet Bolt and Nissan Leaf brands are both primed to take advantage of the new federal ZEV credit in Canada. Both vehicles are produced in the US and the days’ worth of supply for both vehicles is over 100. As of April 2019, Chevrolet Bolt had 191-days’ worth of supply and the Nissan Leaf had 128, meaning the US is well stocked and both OEMs can focus on shipping inventory to meet demand in Canada created by the ZEV federal program. This creates the fundamental base that will allow the brands to act quickly and take advantage of early demand of the ZEV program.

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Topics: CarGurus data, industry insights, industry pulse, trends

The Globe and Mail talks financial rules for buying a car

Posted by Meg Bernazzani on March 18, 2019

With the average monthly car payment roughly $660, Rob Carrick of the Globe and Mail says consumers are spending too much money on cars. Carrick offered some financial rules for buying a car, and he dug into the data from CarGurus’ Price Trends tool to back his recommendations. Check out his advice here:

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Topics: CarGurus data, CarGurus news, trends

The top 2018 Canadian car searches, by province

Posted by Meg Bernazzani on October 16, 2018

Ever wonder which cars sit at the top of shoppers’ wish lists? Millions of car buyers visit CarGurus every month in search of their next vehicle, so we decided to dig into our data to find out. We looked at which makes and models were the most searched in each Canadian province, and, after analyzing all of the car searches on our site in 2018, we found that when it comes to sought-after vehicles, Ford and Toyota lead the way.

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Topics: car searches, car shopping, CarGurus data