Changing of the guard
The established norm is no longer the norm As we all know, the auto industry has gone through dramatic changes in the past few years. And they’re continuing. Not just at the manufacturer and dealer level, but at the consumer …
Category: Sales reports – new
October sales more of the same
New-vehicle sales of 125,680 units in Canada in October were up 2.1 per cent from the same month last year, further extending the up-down monthly pattern that has stalled year-to-date sales at 1.5 per cent above last year. Dennis DesRosiers, …
Living with uncertainty
It’s situation normal for Canadian auto dealers It’s not that long ago that it seemed like the biggest uncertainty Canadian dealers had to face was how much their vehicle sales would be up over the year before. But that all …
September sales stay flat
Canadian new-vehicle sales of 134,544 units in September were down by 0.4 per cent, compared to the same month last year. That decrease continues the one-month-up, one-month-down trend that has prevailed since April, pulling year-to-date sales down slightly to 1.5 …
New trucks and SUVs still popular
So far, 2011 has been a roller coaster year for the auto industry, with numerous events influencing consumers’ auto shopping habits. From gas prices that have risen and fallen in the span of a few months to natural disasters that …
Up and down sales in August
New-vehicle sales in Canada were up by 3.2 percent in August, compared to the same month last year. But the SAAR (Seasonally Adjusted Annual Rate) fell for the second month in a row, down to 1.57 million units, after hitting …
Luxury vehicle sales outperform the market
Strong luxury brands are a hedge against tough times While cumulative new-vehicle sales in Canada are up marginally in 2011 from year-ago figures, the month-to-month volatility in the market is enough to get a dealer hooked on Maalox. But there …
July sales continue roller-coaster ride
After setting a new SAAR (Seasonally Adjusted Annual Rate) high for the year in June, new-vehicle sales in Canada plunged again in July continuing the topsy-turvy ride that has characterized the year to date. That’s no surprise to those in …
June sales bounce back
New-vehicle sales in Canada bounced back strongly in June to the highest SAAR (Seasonally Adjusted Annual Rate) in a year, following May’s precipitous plunge to the lowest volume for the month since 1997. May’s SAAR was just 1.4 million while …
May sales report: Sales patterns show new trends
May sales take a dive New-vehicle sales in Canada fell by 3.8 percent in May, compared to the same month a year earlier, but that number understates the severity of the sales drop-off. Until May, year-to-date sales had been up …
Gasoline price impacts vehicle sales
Why aren’t small-car sales soaring? Gasoline prices have been rising steadily since last September. As this is written, Regular gasoline is running in the range of $1.28/litre in the Toronto area and if the current rate of increase continues, prices …
April sales remain solid
New-vehicle sales in Canada remained strong in April, following a record-setting March. Overall sales of 159,942 vehicles were up 6.9 percent from April 2010 and, for the second month in a row, the seasonally adjusted annual sales rate (SAAR) topped …
