Auto sales down 11.5% in June from a year earlier


DesRosiers Automotive Consultants says auto sales in Canada fell 11.5% in June from a year earlier as supply issues persist.

The consultancy estimates that 143,773 new light vehicles were sold during the month for the lowest June sales since the recession year of 2009.

Total sales are a notable drop from 162,500 sold last year, when in 2018 there were over 200,000 vehicles sold in the month.

Andrew King, Managing Partner of DesRosiers, says in the report that “vehicle shortages remain severe and dominate the market environment.”

Supply issues, largely related to shortages of semiconductor chips created by the pandemic, continue to limit the rebound in sales.

DesRosiers says the seasonally adjusted annual rate of sales for June was 1.45 million units, up somewhat from 1.36 million units in May.

This report from The Canadian Press was first published on June 4, 2022.

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