Auto sales down in June, but rebounding as Canadians venture out on the road

DesRosiers Automotive Consultants Inc. says Canadian vehicles sales remained down in June, but are starting to show signs of a rebound from COVID-19.

The consultancy company says new light vehicle sales were down by about 16 per cent in June from a year earlier with an estimated 155,439 units sold.

DesRosiers says such numbers would usually indicate paltry performance under normal circumstances, but during the pandemic are considered a significant improvement compared to the 74.6 per cent decrease experienced in April and 44 per cent drop in May.

DesRosiers says June saw the first release of some of the pent-up demand for vehicles because many consumers headed back to workplaces and social spaces that put them on the road again.
Read more on Toronto Star
News Topics :
Similar Articles :
TORONTO DesRosiers Automotive Consultants Inc. says Canadian auto sales were flat in November compared with a year earlier while year to date sales remain down. The consultancy says an estimated 143, 666...
RICHMOND HILL, Ont. DesRosiers Automotive Consultants says new light vehicle sales in Canada bucked expectations to reach an all time record for the first month of the year. The consulting...
TORONTO New figures show Canadian consumers lightly tapped the brakes in May, with monthly auto sales falling for the first time since December. DesRosiers Automotive Consultants...
In this Monday, April 24, 2017, photo, GM pickup trucks are on display at Quirk Auto Dealers in Manchester, N.H.Charles Krupa / Associated PRess The Canadian auto industry posted its...
TORONTO An automotive industry analyst says that despite reported doom and gloom about the sector, average employment in the industry at the end of the third quarter was up...