Demand for trucks helps new vehicle sales climb
TORONTO — DesRosiers Automotive Consultants says sales of new vehicles edged 1.2 per cent higher last month compared with a year ago, making it the best June on record. Canadians bought 177,857 new cars and light trucks last month - up from 175,678 in June 2014. The record sales were driven primarily by demand for light trucks, which accelerated by 11.5 per cent to 109,400, up from 98,126 in June of last year. Meanwhile, sales of passenger cars slipped 11.7 per cent to 68,457 from the 77,552 cars Canadians bought a year ago. Fiat Chrysler claimed top spot with 27,217 vehicles sold, while Ford came in second place at 26,776 vehicles. General Motors trailed in third, selling 24,226 new vehicles in June. DesRosiers said luxury brands experienced the highest yearover-year growth, led by Land Rover at 28.2 per cent, Acura at 27.6 per cent, Porshe at 25.9 per cent and Lexus at 25.8 per cent. “The ongoing gains being enjoyed by luxury manufacturers in the Canadian market turned into a veritable feast in June,” the company said in a news release. In a report earlier this week, Scotiabank analyst Carlos Gomes said lower gasoline prices have fuelled sales of luxury SUVs this year. Gomes says luxury vehicles now make up more than 10 per cent of new vehicle sales in Canada. In British Columbia, which he dubs “Canada's luxury leader,” sales of high-end vehicles comprise 15 per cent of the overall market.