Canada August 2022: Sales off -13.9% to lowest since 1999

Honda HR-V sales are up 34.2%. The Canadian new car market doesn't show signs of recovery in August with Desrosiers Automotive Consulting (DAC) estimating the market at 126,534 units, down -13.9% year-on-year. This is the weakest August volume in 23 years: since the 121,655 sales of August 1999. Coincidently, the…

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Canada July 2022: Market down -16.2% to weakest in 21 years

Honda Ridgeline sales buck the negative trend with sales up 400% year-on-year. DesRosiers Automotive estimates the Canadian new light vehicle market falling -16.2% year-on-year in July to 130,480 units, while July 2021 was already down -5.7% on the year prior. This is the weakest July volume in 21 years (since…

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Canada November 2021: Hyundai (+2.1%) defies market down -13.9%

Hyundai sales are up 2.1% in a market down -13.9%. According to estimates by local consultancy DesRosiers, the Canadian new light vehicle market recedes -13.9% year-on-year in November to 110,448 units, leading to a year-to-date tally up 6% to 1,535,479. Our 2021 Forecast remains unchanged at 1.63 million units (+4.5%)…

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