GAC Weighs in on June Auto Sales

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Auto sales in Canada dropped for the fourth straight month in June, falling 1.6 percent compared to last year. 

June’s sales of 200,156 units contributed to overall first half sales that were just slightly (0.2 percent) below 2017’s record sales, with 1,036,678 units sold in the first half.

Ford sold the most vehicles in June and also retains the overall sales lead in Canada through the first half with 160,288 units sold.

“The June results don’t rule out the possibility of another record year for auto sales in Canada, but there are some significant headwinds not the least of which are the steel and aluminum tariffs imposed by the Trump administration and the possibility of 25 percent tariffs on vehicles imported into the United States from abroad,” said David Adams, President of the Global Automakers of Canada.  “Given the current economic and political uncertainty, these sales levels are quite strong,” added Adams.

For the sixth straight month this year, GAC members posted better than market sales in June with sales of 118,860 units representing growth in sales of 1.9 percent GAC member sales in for the first half were 591,360—up 2.5 percent compared to last year.

The overall market was also almost 9 percent better than the 5-year average for June markets.

Once again, the Ford F-Series and Honda Civic reprised their roles as the best-selling vehicle and passenger car respectively. Trucks comprised 69.4 percent of the market in Juned compared to 67.3 percent last year and for the first half truck sales made up a full 70.2 percent of all sales compared to 67.3 percent last year.

Categories : Dealerships


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