Auto Sales Have Best November in Canada
Auto dealers in Canada had their best November for sales in four years.
Total sales of cars and light trucks (including minivans and SUVs) came to 123,465 last month, up 2.7 % from the same month last year.
General Motors Canada reported the biggest sales drop among the major automakers. Its sales fell 13.7 % to 30,844 as it continued to scale back on low-margin fleet sales to car rental agencies. Its car sales numbers were down 18 %.
GM Canada retained its commanding sales lead, however. Ford of Canada regained the second spot as its sales jumped 15.4 % to 17,368. Chrysler's 17,200 Canadian sales were up 8.4 % from November 2005 — good enough for third spot.
Toyota Canada's sales dipped 2.4 % on a year-over-year basis — a rarity for an automaker that usually reports nothing but sales gains. Its November sales last year got a boost from the release of its new Yaris subcompact.
Toyota snuck into fourth spot, just ahead of Honda Canada, whose November sales jumped almost 16 %.
Total sales of cars and light trucks (including minivans and SUVs) came to 123,465 last month, up 2.7 % from the same month last year.
General Motors Canada reported the biggest sales drop among the major automakers. Its sales fell 13.7 % to 30,844 as it continued to scale back on low-margin fleet sales to car rental agencies. Its car sales numbers were down 18 %.
GM Canada retained its commanding sales lead, however. Ford of Canada regained the second spot as its sales jumped 15.4 % to 17,368. Chrysler's 17,200 Canadian sales were up 8.4 % from November 2005 — good enough for third spot.
Toyota Canada's sales dipped 2.4 % on a year-over-year basis — a rarity for an automaker that usually reports nothing but sales gains. Its November sales last year got a boost from the release of its new Yaris subcompact.
Toyota snuck into fourth spot, just ahead of Honda Canada, whose November sales jumped almost 16 %.
posted by Ottawa Gas Prices | 11:09 PM
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