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Canada November New Motor Vehicle Sales Report (Text)

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Jan. 16 (Bloomberg) -- The following is the text of Canada’s new motor vehicles sales report for November released by Statistics Canada.

The number of new motor vehicles sold in November decreased 1.0% to 137,640 units, partially offsetting gains registered in September and October. Sales fell for both trucks and passenger cars.

New motor vehicle sales down in November

Preliminary industry data indicate that the number of new motor vehicles sold in December decreased 3%.

Sales fall for both trucks and passenger cars Following two consecutive monthly gains, sales of trucks (which include minivans, sport-utility vehicles, light and heavy trucks, vans and buses) declined 1.3% to 80,460 units in November.

Passenger car sales decreased 0.5% to 57,180 units. Lower sales of North-American built passenger cars (-1.4%) were partially offset by the third consecutive increase in overseas-built passenger cars (+1.0%).

Sales down in most provinces Sales of new motor vehicles were down in eight provinces in November.

Increases in the number of new motor vehicles sold in Quebec and Ontario in November were more than offset by declines in the other provinces.

Alberta (-3.6%) and British Columbia (-4.8%) reported the largest decreases in the number of units sold, following three consecutive months of gains.

After two monthly increases, Nova Scotia (-9.9%) posted the largest decline in motor vehicle sales among all Atlantic provinces in November.

Sales in Quebec (+2.5%) grew for the third month in a row.

Ontario (+0.9%) reported a sales advance below 1% for a fourth consecutive month.

SOURCE: Statistics Canada {STCA <GO>}

To contact the reporter on this story: Ilan Kolet in Ottawa at ikolet@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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