August 2023 saw automotive sales grow by 18.3 percent in Canada compared to the same period last year. Auto123 has the details.
Prices for new vehicles have never been so high. The average price of a new car in Canada recently rose to over $66,000, which is staggering. In this context, one might expect to see a drop in sales.
Specifically, automakers sold 149,697 vehicles in Canada last month. It should be noted that these are estimates, as many automakers only publish their results on a quarterly basis. Ford does so once a year. Nevertheless, the expertise of DesRosiers allows us to rely on its results. Le concessionnaire ENS Toyota à Saskatoon Photo: Toyota In the last pre-pandemic year, 2019, the data shows 181,996 vehicles sold in in August of that year. Meaning sales have yet to return to pre-Covid-19 levels as far as the month of August is concerned.
As for automakers who publish their results on a monthly basis , none recorded a decline in August, according to Automotive News’ Detroit Research and Data Centre. This is the second month in a row that this has happened, further confirming the upturn in sales across the industry.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Tesla: two millionth car produced in Shanghai | Car NewsTesla celebrates as hits the milestone of two million vehicles produced at its factory in Shanghai, China. Auto123 has the details.
Weiterlesen »
Canada's Ivey PMI shows activity rebounding in August By ReutersCanada's Ivey PMI shows activity rebounding in August
Weiterlesen »
Canada gains more jobs than expected in August, unemployment rate unchangedCanada's economy gained a much greater than expected net 39,900 jobs in August and the unemployment rate remained at 5.5%, official data showed on Friday, a sign of underlying strength despite high rates.
Weiterlesen »
Canada gains many more jobs than expected in August, unemployment rate unchanged By ReutersCanada gains many more jobs than expected in August, unemployment rate unchanged
Weiterlesen »
California scales back electric car rebates to focus on lower-income car buyersNow that electric cars are mainstream, higher-income Californians will no longer qualify for state subsidies.
Weiterlesen »