Canada auto sales set record November, Ford leads pack
TORONTO (Reuters) - Ford Motor Co's (F.N: Quote) Canadian arm maintained its spot as the country's best selling brand, data released on Tuesday showed, as growing demand for trucks helped power a sixth consecutive monthly record for Canadian vehicle sales in November.
Canadian auto sales climbed 6.5 percent to 133,860 vehicles in November from the same period last year, with year-to-date sales up 4 percent at 1.63 million units, wrote independent auto industry firm DesRosiers Automotive Consultants.
Truck sales in Canada soared 8.8 percent higher to 76,949 vehicles, with passenger car sales up a healthy 3.5 percent to 56,911 units, lifted by a rebounding auto sector.
Ford led Canadian sales, with 19,668 vehicles, but its 1.1 percent growth rate was eclipsed by Chrysler Canada FIA.MI, where sales climbed nearly 13 percent year-over-year in November, outpacing all of its Detroit-based competitors.
Sales of Ford's passenger cars rose 6.1 percent to 4,717, while truck sales declined 0.3 percent to 14,951.
Ford also leads Canada in year-to-date sales, with 267,427 cars and trucks, up 3.2 percent from the same period last year.
Chrysler Canada "was on a tear in November," DesRosiers Automotive wrote, reporting a 12.9 percent jump in November sales, lifted in part by strong sales of both its 2013 and 2014 Jeep Cherokee.
It sold 19,206 cars and trucks, compared with 17,013 last November, and extended its year-over-year sales growth to 48 months.
Car sales rose 9 percent to 3,053 last month, while truck sales climbed 13.7 percent to 16,153. Continued...