Plummeting Oil Prices Affect Canadian Automotive Industry

Header image Dennis DesRosiersBy Dennis DesRosiers

(RICHMOND HILL, ON) – With declining oil prices making headlines in the world’s business press these days, it is important to understand what effect the plummeting price of oil has on the Canadian automotive market. In this month’s Observations we delve into regional implications and look specifically at the Alberta market, to better understand the impact of lower crude oil prices on light vehicle sales across Canada.

Topics included in our discussion include historic sales patterns for the Alberta market, the offsetting effects for non-energy producing regions, and a hard look at market implications in light of upcoming fuel efficiency regulation policies.

In addition to consumer behaviour and vehicle sales trends, DAC offers regular coverage of a variety of other issues in the new and used vehicle markets, as well as sales performance metrics and market forecasts in our DesRosiers Automotive Reports and AutoWatch newsletters.

Contact Lori Gamoff 905-881-0400 x18 or email for pricing and subscription information.

A full version of this article can also be found in the  DesRosiers Automotive Reports published by DesRosiers Automotive Consultants Inc.

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About the Author

Ian Shalapata
Ian Shalapata
Ian Shalapata is the owner and publisher of Square Media Group. He covers politics, the police beat, community events, the arts, sports, and everything in between. His imagery and freelance contributions have appeared in select publications and for organizations in Canada and the United States. Contact Ian with story ideas.