Car Sales Archives - Better Dwelling

Canadian New Vehicle Sales Make First Climb Since 2017, Mostly Light Trucks

March 14, 2022

Canadian new vehicle sales picked up, but supply chain hiccups are hitting the market. Statistics Canada (Stat Can) reported 94,624 new vehicles sold in January 2022, up 15.3% from the previous year. The increase is huge, but it’s being compared to the slowest January since 2011. The second slowest was this past one, as the […]

Canada

Canadian New Vehicle Sales Print The Second Worst May In Over Two Decades

July 15, 2021

Canadians are suddenly pulling back on their new vehicle buying binge. Statistics Canada (Stat Can) data shows new vehicle sales grew on an annual basis in May. Sadly, it wasn’t because the market was experiencing robust growth. It was due entirely to the base effect of comparing sales to an early pandemic month. Zooming out, […]

Canada

Canadians Are Buying A Record Number of New Cars, With A Record Amount of Financing

Canadians Are Buying A Record Amount of Cars, With Longer Financing Terms

May 8, 2017

Canadians aren’t just buying new homes, they’re buying shiny new cars to match. Only problem is they’re using a record amount of financing.