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All-time record for Canadian auto sales in August

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All-time record for Canadian auto sales in August

Canadian auto sales registered an all-time record in August as the new vehicle sales grew 7.9% in Ontario, the country’s most populous province.

Compared to last year, the August sales in 2014 went from 159,004 to 171,560 new cars because there was a strong demand from buyers not only in Ontario, but also in parts of western Canada. The auto market in Canada has set five monthly records this year, with year-to-date sales up 4.6%, at 1,256,649 units. A massive 14% jump also happened in the truck sales department.

Canada’s top seller in August was Ford Motor Co, which has been the leader in sales for five months in a row. Ford’s sales rose 2.6% to 27,988 units sold in Canada, with truck sales climbing 10.4% to 22,539 vehicles, offsetting a 20.5% drop in the car sales.

Chrysler Canada reported a 22% jump in sales, to 26,825 cars and trucks, which marks it biggest August sales ever. General Motors of Canada Ltd score a 4.8% increase in August sales, to 22,111 vehicles. Honda reported a massive 44% increase in its August sales of the Honda and Acura brands, to 13,663 units while Toyota Canada Inc. said the brand’s monthly sales inched up 4.8% to 18,487 vehicles sold there.

By Gabriela Florea

by Aurel Niculescu (my Google+) - Thursday, September 4th, 2014 - filed under Industry, News, Sales Reports. Image credit: .
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