TORONTO – Despite strengthening consumer confidence, the new year began where December left off, with sales to open the year down 2.2% from January 2012. Total unit sales in January were 95,306. While consumer confidence in January reached its highest level since June 2011 according to the Conference Board of Canada, this did not translate into stronger overall vehicle sales.
January’s sales, however, continued the trend of being stronger than the 5 year average (88,652). “It needs to be remembered that last January was very strong and having sales this January continue the trend of being stronger than the five year average for the month bodes well moving into the year,” said David Adams, President of the Association of International Automobile Manufacturers of Canada (AIAMC). “It is clearly a very competitive marketplace for all manufacturers,” added Adams
The members of the Association of International Automobile Manufacturers of Canada (AIAMC) saw sales decrease collectively by 8.8% to 48,424 compared to January 2012 .
Total passenger car sales fell 5.2% in January to 39,009 units, while light truck sales were essentially flat at 56,297 units. AIAMC members car sales fell by 10% to 28,627 units, while light truck sales declined 7% to 19,797 units. January also marked a return to truck sales commanding a larger share of the market moving up to 59.1% of the marked compared to 57.8% last January.
AIAMC members sales represented 50.8% of total market sales for January.
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 55.5% of overall vehicle sales in 2012. 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
