November 2, 2006
Canadian new vehicle sales up 2.8 per cent in October
Richmond Hill, Ontario – Canadian new-vehicle sales were up 2.8 per cent in October to 118,417 units, says industry analyst Dennis DesRosiers. In October 2005, the automakers sold 115,195 units.
“GM had a tough month, down 9.8 per cent, while Ford had a solid month up 19.9 per cent,” DesRosiers says. “Fleet issues are the root of both of these situations, with GM backing out of fleet and Ford stepping up their fleet sales. The import brands were up 6.7 per cent in a market that was up only 2.8 per cent, so these brands will continue to take market share from GM, Ford and DaimlerChrysler as a group. This will be the eighth year in a row where GM, Ford and DaimlerChrysler have lost market share to import brands.”
October sales were as follows:
|Manufacturer||October 2006||October 2005||Per cent change|
|Total light vehicle sales||118,417||115,195||+ 2.8|