It seems to have been a long time coming, but there is definitely some good news in Canada’s new-vehicle sales figures for July. Estimated sales of 165,020 units are just 4.9% below last year’s July figures. Indeed, according to DesRosiers …
Given that the onset of the COVID-19 pandemic had already slashed new-vehicle sales in Canada by 20.0% in the first quarter of 2020, and the fact that April and May sales declines were dramatically worse, it’s no surprise that cumulative …
With dealerships effectively closed across much of Canada since mid-March, analysts predicted that April’s new-vehicle sales could be reduced by as much as 80%. Unfortunately, their forecasts weren’t off by much. Actual sales of just 45,833 new units in the …
The nascent hope of some stability returning to the Canadian auto market, based on the January and February results, was overwhelmed by COVID-19’s arrival in Canada in March and the unprecedented consequences that followed in its wake. With much of …
Based on estimated new-vehicle sales in Canada for the first two months of 2020, there is reason to hope that the extended sales decline, which has now lasted almost two years, may have bottomed out. At least that was the …
Last year’s decision by American automakers to officially report sales only quarterly, rather than monthly, has now become epidemic. Effective January 2020, all the major European automakers have adopted the same practice as well. DesRosiers Automotive Consultants (DAC) has established …
It wasn’t a great year for Canadian auto sales in 2019, but it wasn’t a bad year either. Looking at the glass half-empty, 2019’s 1,914,357 total sales were down 3.6% from just a year ago and almost 125,000 short of …
After declining for 18 of the past 19 months, Canadian auto sales held steady in November. Estimated sales of 143,666 new vehicles were down by just two vehicles from the same month in 2018, which put it in a virtual …
Canadian auto sales remained relatively stable in October, down just 0.6% from the same month in 2018. But that slight decline made it 18 of the past 19 months that sales have slipped behind their year-before numbers. October’s estimated sales …
For the first time in 18 months, new-vehicle sales in Canada show signs of the extended decline bottoming out. Sales were down by just 1.0% in July and they were actually up by 0.6% in August, with 182,040 new vehicles …
It has been more than a year now since new-vehicle sales in Canada began their steady decline and April’s results continue that trend, down 3.5% from a year ago to 185,158 units. It should be noted that the total market …
It should come as no surprise to industry watchers that new-vehicle sales declined in January 2019. Sales of 108,774 vehicles were down 7.3% from the same month a year ago, continuing a trend of diminishing sales that is now 11 …
