28/05/2022

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Vehicle sales down again in Canada in November | Car News

Automotive gross sales figures as crunched by Desrosiers Automotive Consultants clearly show a continuing downward pattern in automotive gross sales in Canada for the thirty day period just finished. As noted by Carscoops, automobile brands posted a thirteen.9 percent drop in gross sales in November when compared to the exact period of time last calendar year.

Which is not great news, of study course, but it could nearly be interpreted as these types of as automakers, considering that it’s less of a fall than had been registered for October (-seventeen.7 percent) and September (-19.6 percent).

It’s well worth noting that Desrosiers’ figures are based on incomplete info, considering that only 10 out of forty five automotive makes current in Canada at present report gross sales figures month-to-month. Nevertheless, the photos painted is rather crystal clear. And for some brands like Mazda and Kia, the declines had been rather sharp. Those people two providers posted decreases of forty six.6 percent and 34 percent, respectively.

A single of the several automakers on the optimistic side of the redline was Hyundai, which observed gross sales increase by 2 percent (Genesis, operating on a substantially smaller sized volume, posted a whopping 199 percent boost, to 427 units, nearly all on the back again of the new GV70).

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Carscoops did not advance by itself on explaining the explanation for the ongoing fall, but it’s safe and sound to think that the nicely-documented stock problems prompted by ongoing shortages of microchips and other components have to be enjoying a vital role in depressing gross sales. If that is so, we think about that factors to superior situations forward in the coming months as automaker slowly resolve their supple problems.