May new vehicle sales marks ‘clear improvement’

[Summitric]

June 24, 2020 by Allan Janssen[FONT=&quot][/FONT]
[h=1]May new vehicle sales marks ‘clear improvement’[/h][FONT=&quot]New vehicle sales in Canada have shown “a clear improvement” over April sales, according to analysts at DesRosiers Automotive Consultants.[/FONT]
[FONT=&quot]May sales settled at an estimated 113,224 units, a dramatic increase over April when only an estimated 45,833 units were sold.[/FONT]
[FONT=&quot]May 2020 was nonetheless a 44.0% decrease from May 2019 when 202,141 units were sold.[/FONT]
[FONT=&quot]From province to province, May performance differed to a significant degree. Manitoba noted the smallest decrease out of the 10 provinces, with an estimated 35.1% decrease in May. On the other end of the spectrum, new light vehicle sales in Nova Scotia fell an estimated 50.0%.[/FONT]
[FONT=&quot]Ontario—the volume leader—followed closely with an estimated 49.0% sales decrease.[/FONT]
[FONT=&quot]Quebec—the volume runner-up—noted a 39.0% sales decline and was roughly 10,000 units below Ontario’s sales level for the month.[/FONT]