Canada’s Big Three automakers managed only flat to lower sales last month, extending weakness that has seen overall domestic sales fall in 16 of the past 20 months, according to Reuters.
General Motors of Canada, the country’s biggest automaker, reportedly said total monthly sales fell 19.2% to 34,847 vehicles in July – car sales were down 21.3% and light truck sales, which include minivans and sport utility vehicles, dropped 17.2% over the same month last year.
Reuters said that DaimlerChrysler Canada reported a 1.2% increase in total sales to 17,836 – a 5.3% gain in truck sales helped offset an 11.1% drop in car sales.
Ford Motor of Canada reportedly said total sales sank 20.5% to 17,750 – truck sales were down 20.1% while car sales fell 21.3%.
On the other hand, Toyota Canada said it had its best July on record as sales rose 10.5% to 15,898 vehicles, according to the report. The automaker credited its car division for much of the gains where sales jumped 21.4%.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData