November appears to be merely a blip on the radar as Canadian new car sales are expected to cross a major milestone by the end of December.
New cars and light truck sales dipped lower compared to one year ago in November, representing only the second month this year that didn’t produce an increase, according to figures compiled by DesRosiers Automotive Consultants. Still, the 158,653 vehicles sold last month means that 1,914,551 units have been sold year-to-date.
Less than 86,000 vehicles are needed to hit the two-million mark. In December 2016, more than 125,000 vehicles were sold.
“The 2 million mark appears a formality,” DesRosiers said in an e-mail.
Total light vehicle sales fell 1.2 per cent to 158,653 in November compared with 160,573 in the same month of 2016.
The move lower came as car sales fell 10 per cent to 44,061 for the month compared with 48,945 in November 2016.
Light truck sales increased to 114,592 from 111,628.
Volvo saw the biggest boost among carmakers at more than 61 per cent with Volkswagen second at almost 32 per cent.
Ford sales fell 2.8 per cent to 23,775 compared with 24,450 a year ago, while General Motors dropped 17.2 per cent to 23,612 compared with 28,523 in the same month last year. FCA sales slipped 7.8 per cent to 19,054 compared with 20,674 a year ago.