March 4, 2002
February car and truck sales spike upwards
The economy may be lethargic, but car and truck sales continued their vigorous pace in February. General Motors of Canada’s combined car and truck sales in February were up by 19.6% to 29,040 vehicles compared to February of 2001. GM car sales were up 10.8% to 14,386, and truck sales were up by 29.9% to 14,654. Strong sellers included the Chevrolet Silverado and GMC Sierra extended cab pickups with combined sales increases of 21.4 per cent, and GM mid-size cars which were up by 27.9%. Saturn Saab Isuzu dealers recorded a huge 88.0% rise led by the mid-size Saturn L-Series sedan and wagons.
Ford of Canada reported a 19% increase over the same month last year to 17,304 Ford and Lincoln vehicles: car sales were up by 16.3 per cent to 5,103, and truck sales increased 20.2 per cent to 12,201 vehicles. Highlights included the Ford Ranger pickup which was up by 144.3% (its best February in five years); Ford Explorer up 50.4%; Ford F-Series up 48%; Ford Taurus sales up 32.7%, and Ford Focus and Ford Escape up by 8.5 per cent and 3.7 per cent respectively.
DaimlerChrysler Canada’s car and truck sales were up 6.6% over February of last year to 16,763. Truck sales were 11.0% higher led by the new Dodge Ram pickup which increased 75.8%. DaimlerChrysler didn’t reveal overall car sales, but said the Chrysler Intrepid was up 15.4%, Chrysler Concorde up 52.9%, and Chrysler 300M up 20.2%.
Of the other automakers who announced February vehicle sales on Friday, Hyundai Auto Canada’s February sales of 3,936 rose by 28% led by the compact Elantra sedan and hatchback; Subaru Canada’s sales of 1,087 were 10.5% higher led by the compact Impreza with a sales increase of 147%; BMW Canada’s sales of 882 were 16% higher than February, 2001; and Audi car sales of 534 jumped 59.6% led by the new A4 which increased 113%.
Two automakers reported lower sales in February: Volkswagen Canada’s sales decreased 9.8% to 2,225 vehicles; and Porsche’s February sales dropped 6% to 65 cars.