Ford, Chrysler Canadian sales up in November, GM drops
TORONTO (Reuters) - New vehicle sales at Ford Motor Co of Canada (F.N: Quote) and Chrysler Canada made big gains in November, lifted by strong demand for passenger cars, while General Motors Co (GM.N: Quote) sales declined.
Ford, which retained its rank as Canada's top-selling automaker, said total vehicle sales rose 7.4 percent in November from a year earlier, as car sales jumped 14 percent and truck sales climbed 5.6 percent.
"We saw strength across the entire lineup," Dianne Craig, chief executive of Ford Canada, said in a statement. "The Canadian auto industry has seen incredible growth in 2012 and we're pleased that Ford of Canada has outpaced it in November."
New car sales climbed to 4,444 in November from 3,899 in the same period last year, while truck sales rose to 15,003 from 14,204.
Chrysler Canada said its vehicle sales rose 4.7 percent, extending its streak of year-over-year monthly sales gains to 36. It said total November sales rose to 17,013 vehicles from 16,244 in the same period last year.
Car sales jumped 47 percent to 2,802, while truck sales dipped 0.9 percent to 14,211 vehicles.
Chrysler, majority owned by Fiat SpA (FIA.MI: Quote), said the new Dodge Dart and Chrysler 200 models helped power passenger car sales.
Year-to-date sales are up 5.9 percent to 229,089 vehicles, the company said.
General Motors Co said total Canadian sales fell 3.2 percent compared with last November to 17,372 Chevrolet, Buick, GMC and Cadillac vehicles. Continued...