By David Adams
TORONTO
Sales for the first half of 2010 were ahead significantly for many vehicle manufacturers having been augmented by a strong June compared to June 2009. Overall industry sales for June were up 11.6% to 154,564 units for June 2010 with first half sales for the industry up 9.1% to 786,401 units.
The month of June continued the May and April trend, with many AIAMC member companies experiencing double digit sales gains – including records - for June, while others continued to experience declines. The sales for members of the the Association of International Automobile Manufacturers of Canada (AIAMC) were down a modest 1.2% in June compared to last year (see attached) but are up 5.8% year to date.
“What you are seeing is some pretty strong sales results in June for the D3 complemented by some equally strong sales results from some of the AIAMC member companies” said association president, David Adams. “The issue may well be stripping out the fleet sales component from those overall sales results to get a better sense of the strength of consumer demand through the first half of the year,” added Adams. “With governments looking to wind down stimulus spending and other economic headwinds coming to the forefront in the last couple of weeks, automakers will need to continue to be creative in the packaging they put together for consumers to continue the good sales growth the industry has experienced so far this year into the second half.”
Truck sales overall increased 27.2% in June compared to a year ago whereas AIAMC member truck sales increased 6.5% compared to a year ago. Overall passenger vehicle sales were down 2% in June compared to last year, while AIAMC members passenger car sales were down 4.6%.
AIAMC members’ market share slipped to 50.5% for the month of June. On a YTD basis AIAMC marketshare is 53.7% .
Positive highlights for some AIAMC member companies include:
Audi sales of 1,235 up 11.7% from June 2009. Up 36.7% through first half.
BMW sales of 3,507 down 0.7% from June 2009. Up 12.5% through first half.
Hyundai Record June sales of 11,501 up 13.8% from June 2009. Up 18.6% through first half.
Kia Record June sales of 5,864 up 12.8% from June 2009. (All time record for any month). Up 19.9% through first half.
Jaguar Land Rover June sales of 318 up 44% from June 2009. Up 27% through first half
Mazda June sales of 7,218 up 7.6% from June 2009. Up 5.3% through first half
Mercedes- Benz June sales of 3,109 up 7.8% from June 2009. Up 20.9% through first half
Nissan Record June sales of 8,057 up 8.6% from June 2009, previous best June sales ever. Up 5.2% through first half
Porsche June sales of 180 up 5.9% from June 2009. Up 9.7% through first half.
Subaru Record June sales of 2, 316 up 31.4% from June 2009. Up 32.4% through first half.
Volkswagen June sales of 4,479 down 0.8% from June 2009. Up 20.5% through first half
We trust that this information is helpful. I would ask you to 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.
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www.aiamc.com UNDER PRESS RELEASES
