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[FONT="] [/FONT]August 6, 2020 by Allan Janssen[FONT="][/FONT][h=1]July car sales show continued forward momentum[/h]
[FONT="]
There was plenty forward momentum in Canada’s light-vehicle sales in July.[/FONT]
[FONT="]DesRosiers Automotive Consultants reports that after the brutal sales collapse seen in April and subsequent revival in May and June, the market saw sales increases of 6.2% in July. An estimated 165,020 units left dealer lots.[/FONT]
[FONT="]“What is perhaps most remarkable about this total is that it represents a decline of only 4.9% from July 2019,” wrote analysts at DesRosiers Automotive Consultants. “Indeed, these sales figures rank July 2020 as the seventh best July in Canadian automotive history.”[/FONT]
[FONT="]They cautioned that the extent to which this sales success was pent-up demand from the “lost” spring versus a more sustainable recovery remains to be seen.[/FONT]
[FONT="]“For now, however, the sales picture is strong and the automotive industry has some much-needed positive news,” they wrote in the company’s latest[/FONT]
[FONT="]
[FONT="]DesRosiers Automotive Consultants reports that after the brutal sales collapse seen in April and subsequent revival in May and June, the market saw sales increases of 6.2% in July. An estimated 165,020 units left dealer lots.[/FONT]
[FONT="]“What is perhaps most remarkable about this total is that it represents a decline of only 4.9% from July 2019,” wrote analysts at DesRosiers Automotive Consultants. “Indeed, these sales figures rank July 2020 as the seventh best July in Canadian automotive history.”[/FONT]
[FONT="]They cautioned that the extent to which this sales success was pent-up demand from the “lost” spring versus a more sustainable recovery remains to be seen.[/FONT]
[FONT="]“For now, however, the sales picture is strong and the automotive industry has some much-needed positive news,” they wrote in the company’s latest[/FONT]