Prices for new vehicles have never been so high. The average price of a new car in Canada recently rose to over $66,000, which is staggering. In this context, one might expect to see a drop in sales.
Specifically, automakers sold 149,697 vehicles in Canada last month. It should be noted that these are estimates, as many automakers only publish their results on a quarterly basis. Ford does so once a year. Nevertheless, the expertise of DesRosiers allows us to rely on its results. Le concessionnaire ENS Toyota à Saskatoon Photo: Toyota In the last pre-pandemic year, 2019, the data shows 181,996 vehicles sold in in August of that year. Meaning sales have yet to return to pre-Covid-19 levels as far as the month of August is concerned.
As for automakers who publish their results on a monthly basis , none recorded a decline in August, according to Automotive News’ Detroit Research and Data Centre. This is the second month in a row that this has happened, further confirming the upturn in sales across the industry.
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