Strong truck sales in Canada offset weak car deliveries in February 2014

Article by Anita Panait, on March 7, 2014

Demand for cars was weak last month in Canada, but carmakers were able to log overall increase in auto volumes thanks to record-setting truck sales. Canadian auto sales grew just 0.3 percent higher to 95,639 vehicles, no thanks to severe winter weather in February. Truck sales in the country surged 4.7 percent in the month while passenger car volume dropped 5.9 percent.

For instance, Chrysler Canada logged a 10-percent spike in February sales to 18,522 vehicles, marking its fifty-first consecutive month of year-over-year growth. Chrysler Canada said that because of record volumes for the Ram pickup, Jeep Wrangler and Chrysler Town & Country van, truck sales surged 16.5 percent to 16,352 vehicles, while car sales dropped 22 percent to just 2,170 vehicles.

Ford Motor Co. of Canada, meanwhile, sales slumped 0.4 percent in February to 16,234 vehicles from 16,301 in the same period in 2013.

It posted a 4.3-percent jump in truck sales to 13,094 vehicles, boosted by an 8-percent climb in F-series sales. Ford Motor Co. of Canada, however, saw its car sales dive 16.1 percent to 3,140 vehicles in the month.

Toyota Canada Inc. logged a 1.5-percent rise in monthly sales to 10,942 vehicles, with year-to-date sales surging 5.8 percent over the same period in 2013. Toyota-branded vehicle sales rose slightly by 0.5 percent, to 9,763, thanks to a second consecutive month of record truck sales.

Topics: canada, truck, sales

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