Auto sales down 11.5 per cent in June from a year earlier

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DesRosiers Automotive Consultants says Canadian auto sales were down 11.5 per cent in June compared with a year earlier as supply challenges persist.

The consultancy estimates 143,773 new light vehicles were sold in the month for the lowest June sales since the recession year of 2009.

The sales total is a notable drop from the 162,500 sold last year, while in 2018 there were more than 200,000 vehicles sold in the month. Andrew King, managing partner of DesRosiers, says in the report that “vehicle shortages remain severe and dominate the market environment.” Supply challenges, linked largely to semiconductor chip shortages created by the pandemic, continue to limit a rebound in sales.

DesRosiers says the seasonally adjusted annual rate of sales for June came in at 1.45 million units, up somewhat from the 1.36 million units in May.

 

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All the problems of today were caused by politicians around the world

The consumer is dying. This is just the beginning

You will soon eat ze bugs

Pretty soon people are going to start changing their own oil again too. It’s probably because only wealthy and foolish people are buying much right now.

Jewel66080942 Duh. Everyone is broke. Thanks to skippy

Can’t sell cars if they don’t show up. I had to wait two months for mine, and I know I had one of the shorter wait times.

Maybe the dealerships should stopped price gouging on used cars.

I get calls every couple of weeks asking if I want to upgrade from my 2019. Keep telling them to call me in 2034 when I retire

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Canadian auto sales down 11.5 per cent in June from a year earlierDesRosiers Automotive Consultants says Canadian auto sales were down 11.5 per cent in June compared with a year earlier as supply challenges persist. Maybe it has something to do with the lack of production due to covid and part shortages. I know I was looking, but was told it could be a year or more to get the car I wanted. None to buy Yea that would happen when there is no inventory.
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Auto sales down 11.5% in June from a year earlier - BNN BloombergDesRosiers Automotive Consultants says Canadian auto sales were down 11.5% in June compared with a year earlier as supply challenges persist.
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Auto sales down 11.5 per cent in June from a year earlier as supply problems linger143,773 new light vehicles were sold in the month for the lowest June sales since the recession year of 2009 Really Try buying a Honda or a vw or a Toyota or a electric car of any brand. Seems they are all sold out.
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