Canadian auto industry posts best monthly sales in August 2014

Article by Christian A., on September 8, 2014

Auto sales in Canada reached a new record in August, with carmakers posting an 8-percent surge in new vehicle sales, according to Dennis DesRosiers of DesRosiers Automotive Consultants. He said that strong demand of new vehicles in Ontario and parts of western Canada led to sales of 171,560 units last month, as a 14-percent increase in truck sales offset flat car sales.

DesRosiers noted in a report that the Canadian auto market has set five monthly sales records this year. He disclosed that auto sales in the country hiked 5 percent at 1,256,649 vehicles in the first eight months of 2014. Leading all carmakers was Ford Motor Co., holding the top spot for the fifth month in a row. Ford posted a 3-percent rise in sales to 27,988 vehicles.

With a 10-percent surge in truck sales to 22,539 vehicles, Ford was able to negate a 21-percent fall in car sales to 5,449 vehicles. Ford Canada chief executive Dianne Craig said in a statement that the carmaker is looking forward to “continued momentum in the fall." Chrysler Canada posted a record August sales after logging a 22-percent hike to 26,825 cars and trucks.

Strong gains for its trucks (33 percent hike to 24,302 vehicles) more than offset a weak performance by its car (32 percent drop to 2,523). Chrysler Group posted a 7-percent surge in sales in the first eight months of the year.

General Motors of Canada saw its August sales jump 5 percent to 22,111 vehicles, as a 7-percent leap in truck sales (16,089 vehicles) more than offset a 1-percent drop in car sales (6,022 vehicles). On the other hand, the auto industry in the United States posted its best ever August in more than a decade, as boosted by heavy discounting by carmakers as well as a strong Labor Day weekend close.

Topics: canada, sales

If you liked the article, share on:

Comments

Recommended

One of the executives at Volkswagen tagged in the so-called Dieselgate scandal has pleaded not guilty to a list of allegations surrounding the carmaker’s actions to cheat emissions regulations in...
by - February 27, 2017
When the Crown De Luxe saloon was first released in 1972, it was at that time the most lavish Toyota model available to British customers. Both unusual and exclusive, one...
by - February 27, 2017
The ride-sharing fleet of sharing Lyft Inc. will soon include thousands of specially fitted self-driving Chevrolet Bolt electric vehicles, courtesy of General Motors. If plans push through, Lyft’s clients would...
by - February 27, 2017
J.D. Power has officially released the 2017 Vehicle Dependability Study, an annual list of the most dependable brands in the auto industry. Once again coming on top is Lexus, the...
by - February 26, 2017
Citroen revealed that its entry to the Chinese market is moving forward with the planned release of the new generation C5. While still on sale on this part of the...
by - February 26, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries