Automakers sold an estimated 103,771, marking the second worst February sales performance of the last 10 years, according to DesRosiers Automotive Consultants.
February Canadian new-vehicle sales were some of the month’s worst in recent memory, according to DesRosiers Automotive Consultants .
The seasonally adjust annual rate of sales for the month came in at 1.7 million units which King said is “broadly in line with the level seen in January.” He said light-truck sales comprised almost 87 per cent of all new vehicles sold. That’s up a percentage point from the previous month.Honda Canada, for example, posted a 37-per-cent drop in total sales — including both Honda and Acura brand sales — down to 4,551 vehicles compared with the same month a year ago.Neither automaker offered reasons for the significant swings.
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