fbpx

Canada’s New Car Market Burns Bright

Autosphere » Dealerships » Canada’s New Car Market Burns Bright

2017 could be a 2.1 million unit year.

According to the July issue of Auto News Flash, published by Carlos Gomes, Senior Economist with Scotiabank, Canadian new car sales climbed 6.5% y/y in June, setting a record for the month and lifting the annualized sales pace to nearly 2.1 million units.

Light truck sales were strong, with a double-digit year-over-year increase, representing nearly 69% of the Canadian new vehicle market, up from 65% a year ago. “In particular,” Gomes added, “sales of pickup trucks surged 21% y/y, pointing to improving prospects for business investment, especially in oil patch. Nearly one-third of all pickup trucks sold in Alberta are bought for business purposes.”

David Adams, President of the Global Automakers of Canada added that we’ve seen record-breaking Canadian auto sales for the first six months of 2017. He pointed out that the 1,039,068 units sold through the end of June represent a 5.0% increase over the record sales that took place in the first half of 2016.

“Another record month in June is phenomenal,” Adams said. “The conditions remain positive for ongoing new car sales in Canada going forward.”

Categories : Dealerships

JOBS

 
Chaput Automobile
Aesthetics Attendant
 
  VARENNES
  Permanent
 
 
Chaput Automobile
Class 2 or 3 Mechanic - from $30 per hour based on experience
 
  VARENNES
  Permanent
 
 
Porsche Rive-Sud
Internal Service Advisor
 
  SAINT-HUBERT
  Full time
 
 
Brossard chevrolet buick gmc
Service Advisor
 
  BROSSARD
  Permanent
 
 
Mazda Gabriel St-Laurent
Receptionist
 
  MONT-ROYAL
  Full time
 

Popular Posts