Canada January auto sales increases, set new record for month

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Car and light truck sales increased 2.2 percent in Canada for January over 2016 to an all-time record for the month, DesRosiers Automotive Consultants stated on Wednesday, as the big Detroit Three automakers published gains that contrasted with U.S. decreases.

Total sales in Canada reached 110,945 light automobiles in January, up from 108,572 in the exact same month in 2016, DesRosiers said, beating the former record-setting January sales of 110,266 automobiles in 2002.

Fiat Chrysler Canadian arm topped the market in January, with 16.6 percent of the market, and Ford Motor’s Canadian unit ran second, with a 15.5 percent market share.

“It is too early to comment with certainty on how the market will perform this year, as January is rarely a dependable indicator, however this is at least a positive start,” said Dennis DesRosiers, president of the consultancy.

FCA Canada informed sales boosted 2.0 percent in January, over the exact same month last year, to 18,443 vehicles. Higher-profit retail sales to individual customers, which U.S. car manufacturers are pushing, were 75 percent of sales, it included. Bulk fleet sales were 25 percent of its total sales.

Ford Motor of Canada stated sales boosted 3.5 percent to 17,232 vehicles. Truck sales boosted 6.1 percent to 15,371 cars, balancing out a 13.9 drop in car sales to 1,861 automobiles.

General Motors stated its Chevrolet, GMC and Cadillac dealers in Canada sold 14,605 automobiles in January, rise of 1.5 percent from the same duration in 2016. Sales of Chevrolet vehicles acquired 4 percent, Buick models 40 percent and GM utility vehicles at 14 percent, while Cadillac sales decreased 19 percent, it said.

Honda Canada reported a 2.0 percent boost in January sales, to 10,173 vehicles, as Honda sales climbed up 2.0 percent to 9,131 vehicles to balance out a 2 percent drop in Acura sales, to 1,042 vehicles.

Month-to-month U.S. lorry sales declined from strong year-ago levels as automakers downsized bulk sales to focus on retail sales, however the numbers were still much better than experts anticipated.

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