December 14, 2010
by Purchasing b2b staff
OTTAWA: The number of new vehicles sold in October edged down 0.3 percent to 134,427 as lower truck sales were partially offset by higher sales of passenger cars.
Statistics Canada reports preliminary industry data indicate the number of new vehicles sold remained unchanged in November.
Sales of trucks (which include minivans, sport-utility vehicles, light and heavy trucks, vans and buses) declined 3.7 percent to 74,614 in October after increasing the previous month. Despite the decline, truck sales remained higher than passenger-car sales, a trend that began in late 2009.
Sales of passenger cars were stronger for a second straight month, rising 4.2 percent to 59,813. The main contributors to the sales increase were North American-built passenger cars, which rose 6.8 percent.
Sales of overseas-built passenger cars increased one percent, while sales of new motor vehicles declined in six provinces in October. The biggest decrease in the number of vehicles sold was in Alberta, down seven percent. Sales were up in Quebec for a second consecutive month, increasing 4.1 percent in October.