July auto sales down 16 per cent from last year as shortages persist

says Canadian auto sales were down 16.2 per cent in July compared with a year earlier because of a shortage of available vehicles.

The consultancy estimates 130,480 new light vehicles sold in the month as auto manufacturers continue to struggle with semiconductor supply chain issues.DesRosiers says that while overall sales were weak, the numbers also show the “first green shoots” of improved supply at a small number of companies.

It says the seasonally adjusted annual rate of sales for July came in at 1.43 million, generally in line with the soft results seen in recent months.This report by The Canadian Press was first published August 4, 2022.

I'm assuming this is Trudeau's fault. Somehow.

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Canadian auto sales down 16% in July compared with last year as shortages persistDesRosiers Automotive Consultants says July auto sales were down because of a shortage of available vehicles
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July auto sales down 16% from last year as shortages persist - BNN BloombergDesRosiers Automotive Consultants says Canadian auto sales were down 16.2 per cent in July compared with a year earlier because of a shortage of available vehicles. Yeah, it's not the vehicles that are in shortage
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