Top 10 Moments and Trends of 2021 in the Auto Industry
Rising Vehicle and Gas Prices
Gas prices soared to record heights in some parts of the country this year. One gas station owner in Quebec was so fed up with oil companies that he jacked prices to $2.40 per litre as a protest. Meanwhile, the average transaction price of a new vehicle in the third quarter of 2021 increased to $42,744—an all-time high according to J.D. Power. The same thing happened with used vehicles, actually.