Due to industry incentives auto sales in Canada were up almost 3% in June compared to the same period last year.
The increased demand for imported brands made the sales of cars and light trucks in Canada rise by 2.8% in June, to 169, 459 vehicles. In April sales of imports were up 16%, and Canadian sales of GM, Ford and Chrysler brands fell 9.2%.
“Last June was the strongest month of the year. We had weak results last May and then the industry boosted incentives during the month of June,” said Scotiabank economist Carlos Gomes, who was expecting flat year-over-year sales.
This June Ford Canada was the country’s top-selling car maker, although sales dropped from 33,450 in June 2011 to 30,543 this June, with car sales down 12.4% and truck sales down 6.9%. The company’s year-to-date sales increased 1.3%, to 142,181 units, which translates in 2.8% increase for car sales and 0.7% for truck sales.
“Coming off a 23-year sales record last June, Ford of Canada still had a very positive month closing at number one,” said Chief Executive Dianne Craig.
Chrysler’s sales in Canada were up 0.5%, with total sales of 23,705 units from 23,576 units in June 2011. Year-to-date sales increased by 7% to 130,286 units.