Close X
Sunday, December 15, 2024
ADVT 
National

Canadians Buy Record Number Of New Vehicles As Auto Sales Hit Record High

The Canadian Press, 03 Jun, 2015 12:15 PM
  • Canadians Buy Record Number Of New Vehicles As Auto Sales Hit Record High
TORONTO — Canadians bought a record number of new vehicles in May as auto sales climbed 1.1 per cent from the same month last year, according to DesRosiers Automotive Consultants.
 
The industry is on pace for a record year as luxury brands including Porsche, Mercedes-Benz, Audi, BMW and Lexus posted double-digit growth in sales.
 
Consumers bought 197,937 cars and trucks last month to bring year-to-date sales up three per cent compared to May 2014.
 
Fiat Chrysler took over the top spot with 31,617 vehicles sold, up 0.4 per cent from a year earlier to what the company said was a record high. The company recently completed a retooling at one of its plants in Windsor, Ont., which had cramped its supply of minivans.
 
"Posting an all-time record sales month while dealing with temporary constraints on some of our highest selling products proves just how diversified and strong our product portfolio has become," chief operating officer Dave Buckingham said in a statement.
 
Nissan Group also said it also posted record sales, moving 11,980 vehicles, up 21.8 per cent from last year.
 
Ford Canada came in second place, selling 29,043 vehicles, down 8.5 per cent. Earlier today the company said it was operating one of its Oakville, Ont. assembly plants for an extra week this summer to deal with demand for is Edge sport utility vehicle.
 
General Motors slipped from first to third place with 27,462 vehicles sold in May, up 3.8 per cent from last year.
 
Toyota's sales fell 1.9 per cent from last year to 20,291, while Honda saw sales fall by four percent from last year to 15,853.

MORE National ARTICLES

Undercover Cops Provided Money For Accused B.C. Duo Damaged By Addiction: Lawyer

John Nuttall and Amanda Korody were charged with planning to plant homemade pressure-cooker bombs in Victoria after being caught in an elaborate RCMP sting.

Undercover Cops Provided Money For Accused B.C. Duo Damaged By Addiction: Lawyer

10 Per Cent Of Those Surveyed Plan To Max Out New Tfsa Annual Limit: CIBC Poll

10 Per Cent Of Those Surveyed Plan To Max Out New Tfsa Annual Limit: CIBC Poll
TORONTO — Ten per cent of Canadians surveyed in a new poll say they typically contribute the maximum amount to their Tax-Free Savings Account and will now invest $10,000.

10 Per Cent Of Those Surveyed Plan To Max Out New Tfsa Annual Limit: CIBC Poll

Ottawa To Explore Ways To Give People Option To Boost Canada Pension Plan

Ottawa To Explore Ways To Give People Option To Boost Canada Pension Plan
OTTAWA — The Harper government says it will explore giving people the option to pump more of their earnings into the Canada Pension Plan to boost their retirement savings.

Ottawa To Explore Ways To Give People Option To Boost Canada Pension Plan

Canada Post And Hamilton In Court Over Placement Of Large Community Mailboxes

Canada Post And Hamilton In Court Over Placement Of Large Community Mailboxes
HAMILTON — Canada Post and the City of Hamilton are off to court this afternoon in a fight over the placement of large community mailboxes.

Canada Post And Hamilton In Court Over Placement Of Large Community Mailboxes

Temperature Plunge Leaves Ontario Vineyards Scrambling To Prevent Crop Damage

Temperature Plunge Leaves Ontario Vineyards Scrambling To Prevent Crop Damage
TORONTO — Vineyard owners in parts of southern Ontario are assessing the damage from a record-breaking plunge into cold weather that some growers say has devastated their grape crops.

Temperature Plunge Leaves Ontario Vineyards Scrambling To Prevent Crop Damage

West Vancouver Youth Program Worker, Pooria Mohebbi, Charged In Sexual Assaults On Teen Girl

West Vancouver Youth Program Worker,  Pooria Mohebbi, Charged In Sexual Assaults On Teen Girl
Investigators say two charges of sexual assault and one charge of breach of recognizance have been approved against 28-year-old Pooria Mohebbi.

West Vancouver Youth Program Worker, Pooria Mohebbi, Charged In Sexual Assaults On Teen Girl