Richmond Hill, Ontario – New vehicle sales rose 13.6 per cent in November, compared to the same month in 2009, according to industry analyst Dennis DesRosiers. This brings year-to-date sales up 7.1 per cent over 2009, but DesRosiers said that there are still some concerns.
“First of all, sales in November 2008 and 2009 were abnormally low due to the upheaval in our industry which started in September/October 2008 and continued until GM and Chrysler emerged from bankruptcy in late 2009,” DesRosiers said. “So any decent sale performance in November 2010 would have looked good.”
DesRosiers said that November sales dating back to 2003 have tracked overall sales in the range of 115,000 to 120,000 vehicles, and so the 115,981 passenger cars and trucks are “at the low end of what would be considered a more normal sales for the period.” Heavy incentives in some segments of the markets also helped to bring about the rise in sales, he said.
The November 2011 sales results were:
|Manufacturer||November 2010||November 2009||% change|
|Passenger cars||50,995||50,787||+ 0.4|