Auto sales in Canada are on pace to hit record highs for the fourth year in a row as demand for light duty trucks makes up for declining sales of passenger cars.
According to data compiled by DesRosiers Automotive Consultants, sales for the month of June were up 7.4 percent over the same period a year ago, with 177,857 deliveries.
For the first six months of the year, total sales were up 6 percent, buoyed by a 14.5 percent increase in sales of pickup trucks, SUVs and crossovers. Passenger car sales for the same period were down 6.8 percent.
Analysts are predicting Canadian auto sales will rise to 1.96 million vehicles in 2016, surpassing the previous record of 1.9 millions units reached the previous year.
Noteworthy sales results for the month of June include:
- Ford sold 28,718 cars and trucks, up 7 percent; total sales are up 12 percent to 149,942 units
- Fiat Chrysler Automobiles reported sales of 27,776 vehicles, up 2 percent; total sales for the year reached a record 152,439 cars and trucks
- GM delivered 26,045 vehicles, up 8 percent; year-to-date sales are up 2.3 percent to 130,202 units
- Toyota Motor Corp sold 22,004 cars and trucks in June, up 6.4 percent; total sales are up 8 percent to 113,410 units
- Volkswagen sales were down 21.2 percent in June as the company continues to be negatively impacted by its diesel emissions scandal