Auto Service World
News   December 9, 2019   by Allan Janssen

Canada unlikely to hit 2 million new vehicles sold this year


DesRosiers Automotive Consultants is reporting that the decline in new Canadian vehicle sales, observed through much of this year, paused in November. The chances of hitting two million vehicles sold in 2019 is now unlikely.

Following October’s stable sales performance, total sales in November settled at an estimated 143,666 units, falling just two units shy of the 143,668 unit total sold last year.

According to the Canadian consulting firm, year-to-date sales remained negative, however, and were down 3.5% overall. From a segment perspective, passenger car sales continued to deteriorate, this time down 18.6% with the light truck side of the market picking up the slack with a sales increase of 6.9%.

Analysts said growth was led by Volvo with sales up 46.3% for the month. Mitsubishi and Lexus followed with sales increases of 20.3% and 17.3% respectively.

Broadly speaking, sales performance was evenly split between 13 brands noting negative sales and 13 brands swinging positive.

It is almost certain at this point in time that the two million unit mark is out of the question for 2019. That being said, this year will most likely still land within the top five selling years on record and depending on December figures, should place it between 2016 and 2015 which are currently fourth and fifth respectively.

 

www.desrosiers.ca


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