Industry / Canada
Trucks' Return To Favour Sees Shift In Competitive Landscape
July 2010 | Industry Trend AnalysisA return to stronger vehicle sales in June keeps Canada's auto industry on track for BMI's projection of 5.8% growth in 2010. Although sales for June were up 12% year-on-year (y-o-y) at 154,565 units, a much improved performance from 0.6% growth in May, this is still lower than the 25.9% peak of February. Moreover, year-to-date sales growth has been sliding from 15% for Q110, to 11% for the first four months and now 9% for H110.
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