Canadian Sales Decline In November

(RICHMOND HILL, ON) – As we approach the end of 2017, November brought the second sales decline of the year following six months of increases. November witnessed a 1.2 per cent decrease in sales as total units sold fell to 158,653, with passenger car sales dropping 10 per cent and light truck sales increasing 2.7 per cent.

Despite the decline, November 2017 sales remained the second highest on record.

This month brought the year-to-date sales total to 1,914,551 units. In order to reach that tantalizing 2 million unit mark, December only needs to bring 85,449 units to the table. Given that December 2016 saw sales of 125,600 units, the 2 million mark appears as a formality.

Despite the cooling market in November, many manufacturers reported continued strong growth.

Volvo recorded the largest percentage sales increase at 61.1 per cent, followed by Volkswagen at 31.8 per cent, and Porsche at 30.3 per cent. The largest percentage sales decline for the month was recorded by smart at -91.5 per cent.

It is noteworthy to mention that General Motors (-17.2%), FCA (-7.8%), and Ford (-2.8%) all recorded sales decreases for the month. GM was performing very well throughout the year, with sales up 13.6 per cent year-to-date, and has moved well ahead of FCA as the second highest volume player in the market.

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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. More information can be found in the DesRosiers Automotive Reports published by DesRosiers Automotive Consultants. For more information on these reports call 905-881-0400 x26 or Email DAC.

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