Canadian auto sales for 2012 second-highest on record
January 3, 2012
by Dana Flavelle
Canada’s auto industry enjoyed its second-best year on record as pent-up post-recession demand and generous sales incentives put 1.67 million new vehicles on the road, according to reports.
Ford Motor Company of Canada finished 2012 as the country’s top selling auto maker for the third year in a row, the company announced Thursday.
The Oakville-based company held onto the top spot despite a nearly 13 per cent drop in sales in December to end the year with a zero gain over the previous year.
Total Canadian sales for all automakers rose 5.7 per cent in 2012 putting them within reach of the record 1.7 million units sold in 2002, DesRosiers Automotive Consultants noted in a report.
This was despite a generally weak finish to the year. December sales for all automakers fell 4.9 per cent to just over 100,000 vehicles, the consulting firm noted.
Among automakers, Ford led the pack with 276,068 vehicles sold in 2012.
Chrysler moved into second place, ahead of General Motors, with a 6 per cent increase in annual sales to 243,845 vehicles. That included a 1 per cent increase in December.
General Motors reported a 6.6 per cent decline for the year, to 226,825 vehicles, including a 20 per cent plunge in December.
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