Canadian Vehicle Sales Turn Corner In June

(RICHMOND HILL, ON) – In June, vehicle sales increased 6.5% year-over-year with 203,486 units sold. Year-to-date, sales have increased 5% with 1,039,068 units sold.

In fact, 2017’s half-year sales have exceeded 1 million units for the first time on record.

Most of the large volume provinces recorded notable sales increases, with Ontario and Quebec growing near market pace. The largest sales increases year-over-year were recorded by Nova Scotia (+19.5%), followed by Alberta (+14.8%), and British Columbia (+13.8%).

Passenger car sales remained relatively consistent in June, selling only 54 units less than the previous year, despite notable declines in subcompact (-26.7%), intermediate (-13.9%), and luxury compact (-11.6%) passenger car sales.

The light truck market kept the course of increasing sales with a 10% sales jump in June. Nearly all of the light truck segments experienced sales increases.

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: