Richmond Hill, Ontario – Sales of new vehicles in Canada rose by 11.6 per cent for June, according to industry analyst Dennis DesRosiers, who said that the figure “puts Canada back on track for a respectable sales year.”
The month brings the year-to-date sales from January to June up to 9.1 per cent. The seasonally adjusted annualized rate (SAAR) was also up from the last three months, at 1.566 million units.
“We have to be very careful when referring to comparable figures from a year ago since last summer the industry was in turmoil due to restructurings in the U.S. by GM and Chrysler,” DesRosiers said. He noted that June marked the second year in a row that the three Detroit automakers outperformed import nameplates, which hasn’t happened since the early 1990s.
DesRosiers also noted that light trucks were up 27.2 per cent, while passenger cars were down by 2.9 per cent, which “has serious implications for fuel efficiency targets,” he said.
Sales figures for June were as follows:
|Manufacturer||June 2010||June 2009||% Change|
|General Motors||25,646||22,034||+ 16.4|
|Land Rover||213||123||+ 73.2|
|Light vehicles||154,565||138,500||+ 11.6|
|Passenger car||72,536||74,028||– 2.0|