Richmond Hill, Ontario – New vehicle sales jumped by 15.4 per cent in January 2012 compared with January 2011, according to industry analyst Dennis DesRosiers. The number puts the seasonally adjusted annualized rate (SAAR) tracking at 1.7 million units, the highest level since January 2008.
Chrysler finished the month as the top-selling company, at 16,478 units, displacing Ford. General Motors had a drop of 10.9 per cent and fell to third place. Among companies on the rise, Honda recorded an increase of 143.8 per cent over January 2011.
“It sure is delightful to have the opportunity to write something positive about vehicle sales for a change,” DesRosiers said. “Sales have been anemic for about four years and this is an excellent start to the year.”
DesRosiers speculated that the jump could be from pent-up demand for import nameplates, many of which had been severely affected by natural disasters in Japan in 2011.
Sales for January 2012 are as follows:
|Manufacturer||Jan 2012||Jan 2011||% Change|