Canada auto sales up 6.3% in October, in track for a record-setting year

Canada auto sales up 6.3% in October, in track for a record-setting year

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Auto sales in Canada totaled 164,200 vehicles in October, a 6.3% increase from the same month last year, on track to cruise past two million for the first time after another record-setting month, DesRosiers Automotive Consultants reported.

The consulting firm says total sales this year are about 1.76 million, up 5.6% from last year, with every month but April hitting a new record.

DesRosiers says October's total sales included about 115,400 light trucks, up 13.6%, while passenger car sales were down 7.9% at about 48,800 units.

General Motors Co said its retail vehicle sales in Canada rose 26.5% from a year earlier, its tenth straight monthly increase. The Detroit-based automaker sold 26,847 vehicles last month in Canada.

GM Canada has sold 199,825 vehicles from January through October, up 19.1% over last year, the company said.

Canada is Mexico’s second most important destination for auto exports. Last September, auto plants established in Mexico shipped 19,639 vehicles to the Canadian market, up 9.2% compared to same month of 2016.

From January through September Mexican auto exports to Canada totaled 198,438 units, an increase of 4.1% compared to the same nine-month period of 2016.

MexicoNow

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