Canadian auto sales continue trending down, falling 3.7 per cent in February

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Canadian auto sales continue trending down, falling 3.7 per cent in February
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Canadian auto sales continue trending down, falling 3.7 per cent in February GlobeBusiness

The consumer shift away from passenger cars towards various SUVs and pickup truck options continued in February, with car sales down 16 per cent for the month while light truck sales rose 1.2 per cent.

Fiat Chrysler Automobiles took the top spot in sales with 18,461 vehicles sold after only a two per cent dip from a year earlier. Ford came second after a 1.4 per cent dip, while General Motors was third with a 9.1 per cent drop from last year. Hyundai saw a 14.6 per cent increase and Kia a 10.5 per cent climb. European luxury car brands Audi, Jaguar, Maserati, and Mercedes-Benz all saw drops of more than 20 per cent.

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