Canadian Used Wholesale Market Shows Mixed Trends Amid Price Softening
The Canadian used wholesale market has recently experienced modest price fluctuations, with weekly changes ranging from -0.19% to 0% overall. Car segments generally declined between -0.03% and -0.20%, with Full-Size Cars leading the drop at -0.67%, though some segments like Sub-Compact and Sporty Cars saw minor gains. Truck and SUV segments showed mixed trends, from a -0.22% decrease to a +0.04% increase, with Full-Size Pickups consistently gaining (up to +0.64%) and Full-Size Vans seeing the steepest decline at -1.37%. Wholesale inventory trends reflect a gradual softening in prices, with occasional resilience in select categories. Auction sale rates averaged between 47.9% and 56.8%, influenced by pricing strategies and political factors, while cross-border demand and slow wholesale supply growth continue to impact inventory levels. Used vehicle listing prices remained relatively stable in March, hovering between $34,000 and $35,000 based on data from around 220,000 vehicles across Canadian dealer lots.
Stellantis Announces Early Model Cutoffs and Updates on 2025 RAM Ordering
Stellantis Fleet has announced early production cutoffs for several models due to unprecedented demand and approaching build-outs, with the Dodge Durango ending production on May 1, and the Dodge Hornet and Charger BEV already cut off. Additionally, the Ram ProMaster closed on April 11th, while the Ram 1500 and Heavy Duty trucks remain temporarily open.
Toyota Fleet Update – Limited 25MY Availability
Toyota’s 2025 model year (25MY) inventory is nearly sold out, with only two models still available for ordering. The Crown Signia and Tacoma remain open for orders, both with estimated delivery timelines in August 2025.