General Motors and Fiat Chrysler report softer July sales in Canada

General Motors

General Motors and Fiat Chrysler on Wednesday reported softer Canadian sales in July, while competing Ford Motor said it sold more vehicles in the month, on a yearly basis.

Fiat Chrysler reported July sales of 24,669 automobiles, down 14 percent compared to sales of 28,534 units during the exact same month a year ago. The automaker’s July numbers were determined recruiting a new reporting method following a comparable revision to its U.S. figures.

Fiat Chrysler stated in July it had modified over five years of regular monthly U.S. vehicle sales figures to show a brand-new reporting method, amidst an examination by federal authorities into claims of inflated sales figures.

General Motors stated it sold 21,255 automobiles in July 2016, down 6.8 percent compared to 22,826 units in July, last year.

Honda Motor on Wednesday stated its Canadian sales decreased 4 percent in July, on a yearly basis, to 16,869 units.

Previously in the day Ford reported a total of 29,778 automobiles sold in July, which is an increase of 9.6 percent compared to the same month in last year.

The statistics follow a record-breaking June for the sector in Canada with automobile sales rising 7.4 percent to 191,088 on yearly basis, as per Canadian car expert Dennis DesRosiers. June report by Scotiabank, notes that Canadian automobile sales are expected to increase to 1.96 million cars in 2016, up from a record-breaking 1.90 million units in 2015.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.