August 2, 2002
Many automakers report record vehicle sales in July
While GM and Ford recorded modest sales increases in July, many import makers registered record sales numbers. Toyota, Volkswagen, Hyundai, Nissan, Subaru, Infiniti, Lexus, and BMW all reported their highest July vehicle sales ever.
Toyota Canada (which includes Lexus) sold 12,800 cars and trucks in July, 15.9 per cent better than last year, and the best July in the company’s history. It was Toyota Canada’s seventh record-breaking month in a row and, at 91,762 vehicles, the company’s best-ever year-to-date results.
Toyota sold a total of 9,193 cars, 17.3 per cent more than last July. Lexus sales advanced 31.9 per cent over the same month last year. A 55.0 per cent growth in demand for Lexus cars led Lexus to a record 529 total retail sales.
Nissan Canada continued its strong sales performance for 2002 with 4,322 units sold in the month of July. The last four months have been record months for Nissan Canada, with July representing a 24.4 % increase over July 2001.
One of the key contributors to Nissan’s sales growth is the new 2002 Nissan Altima which was voted “Car of The Year” by the Automobile Journalists Association of Canada. The Altima continues to break monthly records, this time with 812 units sold for the month of July, an 86.7 % increase over July 2001.
With a total of 1,508 Subarus leaving dealerships, it was the best July on record for Subaru Canada, beating last July’s record by 9.7 per cent. It was also the best July ever for both Impreza and Forester. Sales of 516 Imprezas were up 28.7 per cent over last year’s record, and retails of 453 Foresters were 43.4 per cent better.
Hyundai sales of 7,608 vehicles for July show a 29.2% increase over the 5,888 units sold in July 2001, making it the best July sales month in 17 years. Impressively, July 2002 was Hyundai’s 41st consecutive month with year over year sales increases. Year-to-date sales are up 16.6% as 2002 sales hit 40,745, compared to 34,935 in 2001. Santa Fe sales have more than doubled with a monthly increase of 147% and a year-to-date increase of 115.1%. The Elantra, Tiburon and Sonata also posted strong increases as year-to-date sales are up 23.5%, 14.2%, and 15.8% respectively
Volkswagen Canada sales of 3,733 for July were up 4.5% or 162 units over the July 2001 mark of 3,571 vehicles, which gave Volkswagen Canada its best July ever. The Volkswagen Golf and GTI finished the month of July with sales totalling 1,005 units, an increase of 15.7% over July 2001.
Sales of BMW Vehicles in July were 1218 units, up by 20% over July 2001, marking the best July sales month in history. Year-to-date, BMW’s sales are up by 15%, with sales currently amounting to 8854 units. Significant contributors to July’s sales include the 5 Series, whose sales were up by 24% over the same month last year with 153 units retailed in July. Meanwhile, sales of BMW’s flagship sedan, the all new 7 Series were up a substantial 107% over July 2001.
To date this year, Audi has retailed 4,160 vehicles, an increase of 748 vehicles or 21.9 % over the 3,412 cars sold in the same period last year. The A4 continues to be the top seller for Audi with 432 vehicles sold in July 2002, compared with the 219 vehicles sold in July 2001, an increase of 97.3%.
With 674 vehicles sold, July 2002 marked Infiniti’s best July on record. This surpasses even June’s sales for the luxury division, which were a 100% increase over June 2001 and marked Infiniti’s best June on record. July’s increase was a 126.9% increase over July 2001. Since the G35 was introduced in showrooms across Canada in March of this year, Infiniti has reported record monthly sales. G35 sales for the month of July totalled 440 units (up 1.85 % from June of this year).
Canada’s biggest automaker, General Motors of Canada, sold 38,351 vehicles in July, an increase of 3.7 per cent from the same period last year. But while truck sales were up 11.1 per cent, car sales were down 2.3 per cent.
Ford sold 23,336 new Ford and Lincoln vehicles in July, up 6.5 per cent from the same month last year. Truck sales jumped 5.5 per cent to set a new record, and car sales increased 8.5 per cent.
DaimlerChrysler Canada was the only automaker to report a decrease in July sales. Total car and truck sales of 16,495 slumped by 9.3% compared to July, 2001, although year to date sales are up 3.9%. Company spokespersons blamed the July decrease on reduced vehicle inventories and slower fleet sales.