According to foreign media reports, automotive information company DesRosiers Automotive Consultants Inc.
New car sales in Canada are estimated to have increased by 8.
8 per cent to 162000 in October compared with the same period last year, indicating that the Canadian car market is moving towards a total of 1.
8 million vehicles a year before COVID-19 ‘s epidemic, it said.
, DesRosiers Automotive Consultants Inc.
It is pointed out that in terms of new car sales data in Canada, October was roughly the same as in October 2019 before the outbreak, and increased compared with when the auto industry suffered supply chain problems in 2022.
Because there are less than two months to go before the end of 2024, DesRosiers Automotive Consultants Inc.
The Canadian car market is expected to reach annual sales of 1.
8 million vehicles for the first time since 2019, it said.
AutoForecast Solutions, a US-based industry consultancy, predicts that Canadian car sales will reach 1.
9 million this year.
, DesRosiers Automotive Consultants Inc.
Andrew King, managing partner, said the Canadian car market was strong in October, with only a few automakers showing a decline in sales.
Of this total, Toyota’s sales fell 10.
2 per cent year-on-year, while sales of its Toyota brand fell 11.
1 per cent year-on-year, while sales of luxury brand Lexus fell 3.
2 per cent.
In the Canadian car market over the same period, Kia’s total sales fell 2.
1% year-on-year, dragged down by a 52.
6% year-on-year decline in car sales, with Forte sales plunging 82.
5% year-on-year.
By contrast, Mazda’s sales in Canada rose 24.
9% in October from a year earlier, making it the car brand with the biggest increase.
Among them, sales of the Mazda CX-50 rose 29 per cent in October from a year earlier, while sales of the model even doubled to 8790 in the first 10 months of this year.
This prompted Mazda to add one shift at its assembly plant in Alabama.
Mazda CX-50.
Photo Source: Mazda, Mazda Canada Chief operating Officer Amy Fleming said: “the products we offer are very attractive and of higher quality, which I think resonates with consumers.
At the same time, Mazda’s production distribution is also very reasonable and more stable.
We found that the entire Canadian auto industry is returning to the state it was before the COVID-19 epidemic.
The supply of cars has increased, there has been more advertising, and other automakers have launched more competitive projects.
” Note: the above monthly sales figures are estimates because most automakers currently release only quarterly sales reports in the Canadian car market, while Ford only publishes annual sales reports.
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