 Canadian auto sales record worst May since 1999 Canadian auto sales fell 16.5 percent to record their worst May sales since 1999, hit by the turmoil in the industry and the weak economy, industry figures showed, but one analyst said the declines may have hit bottom. Year-over-year sales were do...Commentsview comments in forum Page 1 You need to be a member of CKA and be logged into the site, to comment on news. |
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Chrysler's truck sales dropped 44.6 percent to 11,046 units, while car sales fell 64.6 percent to 2,611.
General Motors
General Motors of Canada (GMGMQ.PK), which filed for bankruptcy protection in the United States over the weekend, said its total May sales dropped 12.4 percent to 31,784 units. Car sales fell 40 percent to 12,168, while truck sales actually rose 22.5 percent to 19,616.
Ford
Total vehicles sales at Ford Motor Co of Canada (F.N) dropped less than at its competitors, down 7.3 percent to 21,900, to mark the company's seventh consecutive month of market share growth.
Ford's Car sales fell 10.3 percent to 6,458 units while truck sales slid 5.9 percent to 15,442.
Toyota
Honda Motor Co
The company said its Honda division sold 14,046 units, down 17 percent, while its Acura division reported May sales of 1,578, down 21 percent from last year.