Provincial sales performance remains mixed, even in July, with some provinces recording sales growths and others noting less declines than in June, according to DesRosiers Automotive Consultants (DAC).
In its latest news release, DAC reveals that Newfoundland and Quebec recorded another sales growth — an estimated 13.8% and 3.8% respectively, while Alberta and Ontario noted improvements in their July declines.
Alberta experienced a sales decline of 0.5% in July (versus the 21.5% decline it recorded in June). And Ontario recorded a sales decline of 9.6%, which is significantly better than the estimated 24.7% drop in June.
“With sales performance relative to the past few months improving across most regions, total Canadian sales reached an estimated 165,020 units sold, down just 4.9% from July 2019 results,” said DAC. “The stability of this seeming recovery is uncertain however.”
Quebec market growth is surprising and in contrast to Ontario and British Columbia — two provinces lagging in their automotive market recoveries.
“For now, the future remains in flux and this volatile regional performance will likely continue in the short term,” said DAC.
