As you might expect, car sales in Canada didn’t do so well. Vehicle sales, in general, are down in the country, and cars have not been doing well so far this year. It’s pretty clear that cars are having a tough time in the age of the crossover and SUV.
The segment was down about 12,000 units for the month of May. When it comes to sales so far this year, the segment was down about 28,000 units. That means May was a particularly bad month for the segment.
The Honda Civic is the sales leader but it was down a whopping 22 percent. It was followed by the Toyota Corolla, which was actually up about 10 percent. Many of the models in the top 15 or so in terms of volume actually didn’t do too bad. However, when you go beyond that, you see many models that saw significant sales drops.
The decline in car sales should come as no shock. However, this month proved to be particularly bad. It will be interesting to see if this decline continues or if it evens out in the coming months.
Important note: Both Ford and GM have switched to quarterly reporting, making it more difficult to accurately gauge crossover sales. We won’t have results to report for Buick, Cadillac, Chevrolet, GMC, Ford or Lincoln until the end of each quarter.