Canada October New Motor Vehicle Sales Report (Text)
The number of new motor vehicles sold in October increased 3.3% to 139,549 units. October's growth reflected higher sales of both passenger cars and trucks.
New motor vehicle sales up in October
Preliminary industry data indicate that the number of new motor vehicles sold in November decreased 1%.
Sales increase for passenger cars and trucks
Passenger car sales in October were up 3.4% to 57,491 units. Sales of North-American built passenger cars accounted for most of the gain, rising 5.1% to more than offset September's decline. Overseas built passenger car sales increased 0.6%, the second advance in as many months.
North American built passenger car sales increase
Sales of trucks (which include minivans, sport-utility vehicles, light and heavy trucks, vans and buses) grew 3.2% to 82,058 units in October. Truck sales have been trending upward since the beginning of 2011.
Alberta led sales gain
The number of new motor vehicles sold was up in all provinces in October.
The largest increase in units sold was in Alberta, where sales advanced 6.6%, a third consecutive monthly increase. New motor vehicle sales in Alberta reached their highest level since early 2008.
The lowest growth rates were in Quebec (+1.9%) and Ontario (+1.2%).
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