CANADA: Trucks boost June sales
Strong demand for trucks drove Canadian new vehicle sales overall higher in June though sales of passenger cars slipped compared with a year ago, data compiled by DesRosiers Automotive Consultants showed.
Sales of light vehicles totalled 171,608 last month, up 1.3% compared with the 169,459 vehicles sold in June 2012, according to data cited by Reuters.
While light truck sales climbed 6.7% to 96,587, passenger car sales fell by 4.9% to 75,021.
The automotive consulting firm called it the “best June yet seen in Canada.”
“The Canadian vehicle market inched upwards from last year’s chart-topping June sales to set another monthly record in June 2013,” DesRosiers said in a statement.
However, DesRosiers also noted the sales results were “inconsistent” as Ford's Canada unit came in as the top seller in June but saw its sales decline by 6% year on year.
Ford said it sold 28,713 vehicles last month, down from the 30,543 it sold in June 2012. Truck sales climbed 1.1% to 21,284, while sales of passenger cars slid by 21.7% to 7,429.
Ford said YTD sales were up by 3.2% to 146,700 total vehicles.
Chrysler sold 26,222 vehicles last month, helped by strong demand for its passenger cars and Jeeps. That was 11% higher than the 23,705 vehicles it sold in June 2012.
Chrysler said passenger car sales rose 46% to 5,458, while sales of trucks, which typically have higher profit margins, edged up more modestly.
Chrysler sold 20,764 trucks in June, up 4% from June of last year.
Year-to-date sales were up 6.9% to 139,234 vehicles.
“2013 marks the best half-way point in the year for Chrysler Canada since 2000,” said chief operating officer Dave Buckingham.
“With the record growth we are experiencing on the car side of our business, we’ve really rounded out our portfolio and established ourselves nicely in all vehicle segments.”
GM Canada’s sales for June totalled 24,707 vehicles, including fleet sales, an 8% increase from the 22,869 it sold a year ago. GM’s retail sales totalled 20,723 last month.
GM has sold 121,398 vehicles year to date, up 3.6% compared to a year ago.
Toyota Canada also reported a decline in sales compared to a year ago. The automaker said it sold 18,338 vehicles in June, down 4% from June 2012.
But the company said truck sales increased by 12.6% to 8,716 in June.
Fiat has reached an agreement with the VEBA trust which holds 41% of Chrysler Group LLC to purchase these shares for US$3.65bn. The transaction, which allows Chrysler to avoid an IPO, is set to close ...
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