Canada On Tentative Record-Setting Pace

(RICHMOND HILL, ON) – Records continue to get broken as new vehicle sales breached the 1 million unit mark in June. This is the first time ever that over a million new vehicles were purchased in the first half of the year.

June year-over-year sales also set a new record with 203,486 units sold. Again, this was the first time over 200,000 vehicles were sold in the month of June. In fact, every month thus far in 2017, with the exception of April, has been a record-setting month in Canada.

While this is the strongest start on record for Canada, a different picture has been forming in the US where new vehicle sales have been down for four consecutive months as of June 2017. Surpassing 2016 as an all-time record setting year may not be a foregone conclusion should Canada start to follow that trend in the latter half of the year.

Passenger car sales retained relative parity with a decline of 0.1% in June with 66,440 units sold. This small decline was easily offset by the 10% increase in light truck sales with 137,046 units sold. Year-to-date, passenger car sales were down 2% while light truck sales have increased 8.8%.

Out of the twenty-six reporting manufacturers, twenty-three recorded sales increases for June 2017.

  • Maserati (+104.8%),
  • Lexus (+35.5%),
  • Volkswagen (+30.3%)
  • Infiniti (+25.1%),
  • Audi (+24.3%),
  • Jaguar (+17.5%),
  • Ford (+14.1%),
  • Honda (+14.1%),
  • Mercedes-Benz (+13.1%),
  • Acura (+12.4%),
  • Nissan (+12.4%),
  • Smart (+9.7%),
  • Mitsubishi (+9.4%),
  • Kia (+8.8%),
  • MINI (+8.7%),
  • BMW (+6.6%),
  • Subaru (+6.1%),
  • General Motors (+4.2%),
  • Toyota (+4.0%),
  • Mazda (+4.0%),
  • Volvo (+3.7%),
  • Porsche (+1.4%),
  • Land Rover (-1.8%),
  • FCA (-3.1%),
  • Hyundai (-15.5%).
Stock up on stamps at Canada Post with Stamp Coils! Get your stamps today - Click here!

Click for the latest news

About the Author

Dennis DesRosiers

Since the founding of his independent consulting practice in 1985, Dennis DesRosiers has become Canada’s leading automotive industry analyst and one of the foremost theorists in the North American automotive industry. Email Dennis DesRosiers

%d bloggers like this: