November sales of were up 11.9% from the 5 year historical average of 112,348 for the month

November Auto Sales Keep Industry Nudging Towards Record Year

Author
By News on the Net  December 3, 2012 | Comments| Print friendly | Subscribe

TORONTO –  Vehicle sales in the Canada continued their march, albeit at a slower pace, towards potentially a record sales year, with November sales of 125,730.  While consumer confidence waned marginally for the second straight month in November according to the Conference Board of Canada, vehicle sales continued to grow through November spurred on by year end clearance efforts by manufacturers and dealers, attractive consumer incentives, combined with low finance rates.

Total November vehicle sales were 3.8% higher than last November’s sales.  Year to date sales through November of 1,566,744 are 6.5% better than last year.

For the AIAMC members the trend of better-than-market sales growth continued with the members achieving a collective sales increase of 4.5% over last November with total units sold of 72,047.  Year to date sales through November for AIAMC members of 774,858 were 12% better than last year.

Total passenger car sales grew 7.6% to 54,974 units, compared to last November, while light truck sales continued essentially flat for the second straight month, increasing 1.0% to 70,756 units.  For the AIAMC members, their car sales grew 4.9% to 42,766 units, while light truck sales rose 3.8% to 29,281 units.  In November passenger cars represented 43.7% of the total market compared to 42.2% last November, while for AIAMC members passenger car sales represented 59.4% of their total sales.

“The automotive industry in Canada, on both a vehicle production basis and a vehicle sales basis, continues to make a major contribution to the Canadian economy,” said David Adams, President of the Association of International Automobile Manufacturers of Canada.  “The automotive industry in Canada has been a bit of a bright light in economic picture that has been somewhat unsettled year to date,” added Adams.

Once again sales in November were stronger than the five year historical average.  “November sales of were up 11.9% from the 5 year historical average of 112,348 for the month,”  noted Adams .

Of the fifteen AIAMC member companies, eight had sales growth in November.  AIAMC members sales represented 57.3% of total market sales for November. 

Sales Highlights for November:

  • Audi – 1,630 up 29.6%
  •  
  • Hyundai –  10,101 up 20%
  • Kia –  5,719 up 17.8%
  • Mazda – 5,220 up 1.0%
  • Mitsubishi – 1,607 up 3.1%
  • Porsche –  251 up 164.2%
  • Subaru –  1,098 up 98.6%
  • Volkswagen –  4,659 up 16%

We trust that this information is helpful.  I would ask that you please cite the “AIAMC” or the “Association of International Automobile Manufacturers of Canada” as the source of the data if you plan on using any of the statistics contained herein.

About the AIAMC

The AIAMC is a national industry association representing sixteen member companies which are domiciled outside of Canada and the United States.  These companies engage in the manufacturing, importation, distribution and servicing of light duty vehicles .  The members of the AIAMC were responsible for 52.8% of overall vehicle sales in 2011.  The members support some 77,000 direct and indirect jobs in Canada along with 60% of Canada’s 3,331 dealers across Canada.

Association Members

  • BMW Canada Inc.
  • Honda Canada Inc.
  • Hyundai Auto Canada Corp.
  • Jaguar Land Rover Canada ULC
  • Kia Canada Inc.
  • Mazda Canada Inc.
  • Mercedes-Benz Canada Inc.
  • Mitsubishi Motor Sales of Canada, Inc.
  • Nissan Canada Inc.
  • Porsche Cars Canada Ltd.
  • Subaru Canada Inc.
  • Suzuki Canada Inc.
  • Toyota Canada Inc.
  • Volkswagen Group Canada Inc.
  • Volvo Cars of Canada Corp.
Disqus Comments


comments powered by Disqus





Most Shared CFP stories



What's New On CFP:

  1. Latest American News
    By News on the Net -- --News Headlines
  2. Iran is forcing my hand, John!
    By Dag Barkley -- --Cartoons
  3. The loud last gasp that should be heard around the world
    By Judi McLeod -- --Cover Story
  4. Project Veritas, Progressive Academia, and Our National Security
    By Dr. Ileana Johnson Paugh -- --Cover Story
  5. America: A nation divided against itself
    By Dale Summitt -- --Cover Story
  6. Exactly what Obama is
    By Guest Column -- --Letter
  7. Religious Freedom Isn’t Hateful
    By Nadra Enzi -- --Cover Story
  8. Will Harry Reid’s Retirement Shake Things Up in the Senate?
    By Heritage Foundation -- --American Politics
  9. Latest World News
    By News on the Net -- --News Headlines
  10. Hillary Supporter Threatens O’Malley: ‘He Better Watch It’ [VIDEO]
    By News on the Net -- --Video
  11. Hillary surrogate Granholm on potential challenger O’Malley: ‘He better watch out’
    By Dan Calabrese -- --American Politics
  12. The Old School Tie
    By Sarge -- --American Politics
  13. President who couldn’t meet with NATO chief spends weekend golfing with oil bigwigs
    By Dan Calabrese -- --American Politics
  14. The Article V Initiative: The way for the states to end Washington’s spending
    By Herman Cain -- --American Politics
  15. The geopolitics of oil go round and round
    By Marita Noon -- --Global Warming-Energy-Environment
  16. Obama nearly slips getting off Air Force One
    By News on the Net -- --Video
  17. Chemistry Jokes! (Round 2)
    By American Chemical Society -- --Science-Technology
  18. Climate Poker: Most Governments Delay UN Climate Pledges
    By Guest Column -- --Global Warming-Energy-Environment
  19. Senate’s 2016 White House Hopefuls Use Budget to Message Voters
    By Heritage Foundation -- --American Politics
  20. How to Fight The Deadly Trio
    By Dr. Gifford Jones -- --Medical News
  21. Grover Norquist is No ‘Useful Idiot’
    By Frank Gaffney Jr. -- --American Politics
  22. Latest News on Religion
    By News on the Net -- --News Headlines
  23. Cruz Pushes Back on Inexperience: I Wasn’t Just a ‘Community Organizer’
    By News on the Net -- --Video
  24. Pence Defends ‘Religious Freedom’ Law: ‘We’re Not Going to Change the Law&#8
    By News on the Net -- --Video
  25. Latest News On ISIS and Radical Islam
    By News on the Net -- --News Headlines
  26. Stray dogs showed up at a funeral to pay respects to the kindly lady who used to feed them
    By News on the Net -- --Video
  27. It’s not too late to wake up, USA . . . but let’s get to it already
    By Herman Cain -- --American Politics
  28. President Sisi To The Rescue
    By Guest Column -- --World News
  29. Deal, Old Timer
    By Jimmy Reed -- --American Life, History, Education
  30. Indiana looks to ‘clarify’ religious freedom act
    By Dan Calabrese -- --American Politics


Ford Nation

Why hundreds of thousands of Torontonians supported their conservative crack-smoking mayor











Caruba: Professional Writing Services



Pursuant to Title 17 U.S.C. 107, other copyrighted work is provided for educational purposes, research, critical comment, or debate without profit or payment. If you wish to use copyrighted material from this site for your own purposes beyond the 'fair use' exception, you must obtain permission from the copyright owner.

Views are those of authors and not necessarily those of Canada Free Press. Content is Copyright 1997-2014 the individual authors.

Site Copyright 1997-2014 Canada Free Press.Com Privacy Statement


Powered by ExpressionEngine