June sales cap positive first half auto sales for 2013

TORONTO – June auto sales of 171,608 units capped a strong first half of 2013 in which sales of light duty vehicles were up 2.2% (883,667 units) while sales for the month of June were up marginally by 1.3% compared to a year ago. Following on sales increases of 9% in April and 5% in May, the June numbers contributed to a strong spring selling seasons. At the current pace, 2013 has an opportunity to represent one of the best years ever for light duty vehicle sales in Canada, and is tracking with reach of the record 1.73 million units sold in 2002.

---

With 171,608 units sold, June continued the trend of being above the five year historical average for the month of June (157,970 units), aided by increasingly positive consumer confidence levels, which were 9.5 points higher this month than the corresponding month last year, according to the Conference Board of Canada. For the member companies of the Global Automakers of Canada, overall sales of 92,144 units were essentially unchanged from last June. First half sales for the members of 477,065 units were also essentially unchanged from the first half of 2012.

---

---

“The month of June was the strongest June in six years and capped a positive spring selling season and a robust first half for vehicle sales in Canada,” said David Adams, President of the Global Automakers of Canada. “A high level of competition and attractive leasing and financing options continue to draw consumers into the new vehicle market. A number of our members have sales results substantially higher than the market for June, including record volumes for some companies,” added Adams For June, overall passenger car sales declined by 4.9% to 75,021 units, while light truck sales increased by 6.7% to 96,587 units. For the first half of 2013, passenger car sales were down and light truck sales were up by 2.2% and 5.9% respectively. GAC members’ car sales declined 5.2% to 55,102 units, while light truck sales increased 7.7% to 37,402 units in June. For the first half of the year, GAC passenger car sales declined 4%, while light truck sales increased 7.3% Light trucks represented 56.3% of all sales in June compared to 53.4% last June. Year to date light trucks represent 55.7% of total sales compared to 53.7% last year. GAC members sales represented 53.7% of total market sales for June and 54% of first half market sales. We trust that this information is helpful. I would ask that you please cite the “GAC” or the “Global Automakers of Canada” as the source of the data if you plan on using any of the statistics contained herein.

About the GAC

Formerly the Association of International Automobile Manufacturers of Canada (AIAMC), the association was rebranded in May 2013 as the Global Automakers of Canada (GAC). The GAC is a national industry association representing fifteen 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 GAC 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.

Member Company June and First Half Sales Highlights

---