Canada Auto Sales Up in May, But Fail Expectations image

Strong sales in Canada continued in May too, foreign and domestic automakers reporting surging sales compared to the same period last year.

Even if last March’s earthquake affected production at Honda and Toyota plants, the companies managed to recover at his double digit increases in May, with dealers running short of cars. This is the first time Ford of Canada reports its best May since 1997, surpassing Chrysler and becoming Canada’s topselling automaker for the year so far. Ford sold 32,338 vehicles from 25, 448 units last year, up 27%. The company said overall sales rose 31%, full-sized pickups were up 46%, powered by the F-150, up 52%.

“May was a good growth month for Ford of Canada, with strong sales across the entire lineup of cars, utilities and trucks,” said Dianne Craig, president and CEO of Ford of Canada.

Chrysler Canada saw its 30th consecutive year-over-year increase in May, sales up 7% to 26,218 units, from 24,406 in May 2011. Although most automakers reports strong sales in May, the gains still didn’t meet expectations as the broader economy softened offering consumers a break on big-ticket purchases.