18.3-percent growth in car sales in August in Canada | Car News

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18.3-percent growth in car sales in August in Canada | Car News
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August 2023 saw automotive sales grow by 18.3 percent in Canada compared to the same period last year. Auto123 has the details.

Prices for new vehicles have never been so high. The average price of a new car in Canada recently rose to over $66,000, which is staggering. In this context, one might expect to see a drop in sales.

Specifically, automakers sold 149,697 vehicles in Canada last month. It should be noted that these are estimates, as many automakers only publish their results on a quarterly basis. Ford does so once a year. Nevertheless, the expertise of DesRosiers allows us to rely on its results. Le concessionnaire ENS Toyota à Saskatoon Photo: Toyota In the last pre-pandemic year, 2019, the data shows 181,996 vehicles sold in in August of that year. Meaning sales have yet to return to pre-Covid-19 levels as far as the month of August is concerned.

As for automakers who publish their results on a monthly basis , none recorded a decline in August, according to Automotive News’ Detroit Research and Data Centre. This is the second month in a row that this has happened, further confirming the upturn in sales across the industry.

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