Canadian auto sales down 11.5 per cent in June from a year earlier
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DesRosiers Automotive Consultants says Canadian auto gross sales had been down 11.5 per cent in June in contrast with a 12 months earlier as provide challenges persist.
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The consultancy estimates 143,773 new gentle automobiles had been bought within the month for the bottom June gross sales for the reason that recession 12 months of 2009.
The gross sales whole is a notable drop from the 162,500 bought final 12 months, whereas in 2018 there have been greater than 200,000 automobiles bought within the month.
Andrew King, managing associate of DesRosiers, says within the report that “car shortages stay extreme and dominate the market atmosphere.”
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Provide challenges, linked largely to semiconductor chip shortages created by the pandemic, proceed to restrict a rebound in gross sales.
DesRosiers says the seasonally adjusted annual charge of gross sales for June got here in at 1.45 million models, up considerably from the 1.36 million models in Could.
