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Canadian vehicle sales increase 5.7% in January

Canadian vehicle sales in January increased 5.7% from the same month in 2017, to 117,281 units.
SUV and pickup sales, at 85,906 units, were up 9.1% in January and passenger car sales, at 31,375 units, were down 2.6% compared to 2017.
Combined sales in January for the Detroit Big 3 were up 1.5% to 51,013 units, while sales of all foreign nameplates combined were up 9.2% to 66,268 units.
Of the Big Three manufacturers, Ford, and FCA were down 4.4% and 3.7%, respectively, while GM was up 15.0% from last January.
Among Japanese automakers, Toyota, Nissan, Honda, and Subaru sales in January were up 2.8%, 5.3%, 31.5%, and 14.8%, respectively.
Hyundai sales were down 11.6% and Kia sales were down 5.2% from last January.
Among German companies, Mercedes-Benz sales were down 4.6%, while BMW brand sales were up 15.1% from last January.
VW brand sales were up 42.8% in January and Audi sales were up 10.2% compared to the previous year.

(DesRosiers report from February 5, 2018)

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