Canadian on offers of light vehicles rose by 4.6 per cent in 2017, cracking 2 million entities for the first time, thanks to record strength in truck sales.
According to a cover from DesRosiers Automotive Consultants, overall Canadian light conveyance sales, which include light trucks and passenger cars, hit 2,038,798 newest year, up from 2016’s 1,948,895.
“Quite a spectacular year,” Dennis DesRosiers dictate thated CBC’s Meegan Read. “The eighth consecutive year of growth, and the last four participate in been all-time records.”
Sales of light trucks rose by 8.7 per cent year-over-year to reach virtually 1.4 million vehicles. Conversely, passenger car sales slipped by 3.4 per cent eventually year to come in at 639,823,
Light trucks accounted for 68 per cent of the make available, an all-time record, DesRosiers said, adding that passenger car transaction marked downs tumbled to their lowest level since 1964.
For the month of December, comprehensive sales fell year-over-year by 1.1 per cent as a 12.5 per cent stop in passenger car sales overwhelmed a 3.8 per cent rise in light merchandise sales.
Among the automakers, GM Canada reported that it sold 302,826 carriers in 2017, up 13.3 per cent from 2016.
Ford Motor Company of Canada ordered it sold 308,669 vehicles last year, up 1.3 per cent from 2016. The institution’s truck sales were up by 5.2 per cent, while car sales pitched almost 20 per cent year-over-year.
Fiat Chrysler said its full-year sellings dipped four per cent to 267,052 units, as growth in its Ram brand was up by softness in sales for its Jeep, Chrysler and Dodge brands.
Honda Canada reported a sales gain of six per cent in 2017, on sales of 197,251 units by Honda and Acura. The partnership said its Honda division set a fourth consecutive annual sales report, up six per cent over last year, on sales of 176,951 units in 2017, while Acura traffics topped 20,000 unit but were flat compared to 2016.
Toyota Canada asseverated record hybrid, truck and Lexus sales helped it to its best year on data, with overall sales up 3.1 per cent and 224,547 vehicles sold.
DesRosiers also acuminate out that four German brands — Mercedes-Benz, BMW, Audi and Porsche — all set all-time documents for sales.
“The luxury market is hot,” DesRosiers said.