Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 24 NOVEMBER 2020

Hyundai Lawsuit Over EV Fires As GM Launches Recall

Crowe
Explore more from Crowe

Perhaps it's a question you asked a dealership manager or store colleague this summer when used-vehicle values were as hot as the outside temperature.

CanadaTransport
Crowe MacKay LLP
Crowe MacKay LLP
Author LinkedIn connections

USED VEHICLE VALUES RETURN TO EARTH

Perhaps it's a question you asked a dealership manager or store colleague this summer when used-vehicle values were as hot as the outside temperature. "Can you believe what we had to give on that trade?" Well, in what might be good news for dealers' used departments, trade-in values are returning to normal levels after skyrocketing during the summer months, according to the newest data from Edmunds released on Thursday. Edmunds data showed that the average value for all vehicles traded in during October dropped to $15,874, a 3.3% decrease compared to $16,411 in September.

Source: Auto Remarketing

DEALERSHIPS HAVE FEWER VEHICLES TO SELL. SOME LIKE THIS 'NEW NORMAL'

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Quebec’s New Truck Licence Transfer Rules: What Ontario Carriers Need To Do Now

Ontario commercial truck drivers with less than two years of heavy-truck experience must now pass a practical road test administered by Quebec's SAAQ before transferring their licence to operate heavy vehicles in the province. This new requirement follows fatal collisions and an Ontario Auditor General audit that exposed significant gaps in training standards and provider oversight. Carriers operating across the border need to factor these requirements into workforce planning, recruitment timelines, and dis
CanadaTransport
Miller Thomson
Miller Thomson
Article

Cleared For Investment: Canada Opens The Door To Private Capital At Its Largest Airports

Prime Minister Mark Carney has announced plans to seek private investment through long-term concessions to operate Canada's four largest airports: Toronto Pearson, Vancouver, Montréal-Trudeau and Calgary. While the government would retain ownership of underlying land and assets, this represents a fundamental shift from the current not-for-profit airport authority model that has governed these facilities since the 1990s.
CanadaTransport
McMillan LLP
McMillan LLP
Article

Canada Commits To Airport Privatization Through Long-Term Concessions For Its Four Largest Airports

The Canadian federal government has announced a firm commitment to privatize operations at the country's four largest airports through long-term concessions, marking a decisive shift from earlier exploratory discussions. Prime Minister Mark Carney revealed that while the government will retain ownership of airport lands and assets following the Australian leased-airport model, private investment will be sought to operate Toronto Pearson, Vancouver, Montreal-Trudeau, and Calgary international airports.
CanadaTransport
McCarthy Tétrault
McCarthy Tétrault
Article

Lights, Camera Infractions: A Review Of Ontario’s Automatic Enforcement System Offence Regime, The Risks To Commercial Vehicle Carriers And How Operators Can Protect Themselves

Ontario's automatic enforcement system (AES) offences, captured by red light cameras and similar technology, pose significant regulatory risks to commercial vehicle carriers. These offences carry the maximum 5 CVOR penalty points—equivalent to impaired driving or criminal negligence—yet are nearly impossible to defend or resolve through plea negotiations.
CanadaTransport
Gardiner Roberts LLP
Gardiner Roberts LLP
Article

Airport Privatization: Models, International Experience, And The Canadian Legal Landscape

Editor's note (September 15, 2026): Following publication of this article, Prime Minister Mark Carney confirmed plans to open Canada's four largest airports to private investment through long-term operating concessions, while retaining government ownership of the land and underlying assets. The announcement marks a significant step toward the alternative ownership and operating models explored below.
CanadaTransport
Gowling WLG
Gowling WLG
Article

Cleared For Takeoff? The Legal Reality Of Commercial Drones In Canada

Unmanned Aerial Systems (UAS), commonly referred to as drones, are increasingly used in Canada for commercial purposes such as infrastructure inspection, real estate photography, agriculture, filmmaking, mapping and resource exploration. Their advantages are clear: they are flexible, relatively inexpensive and capable of collecting information from angles and locations that would otherwise be difficult to access.
CanadaTransport
Fasken
Fasken