Wow! . . . what a month for the Canadian car business in February.
Overall sales were up 24.9%, with passenger cars up 11.3% and Light trucks which include SUVs, CUVs, Minivans, Vans, Pickups etc up an amazing 39.0%.
Recession, what recession?
Mind you, last February was pretty brutal. But still, anytime you can have that kind of a sales increase on a major purchase, it’s a great sign of an economy that is much healthier that it used to be.
A huge congratulations has to go out to the good folks at Ford of Canada.
Ford not only increased its sales by 51.1%, it actually outsold every other car maker in the country.
Other car makers that beat the overall market:
Listed in alphabetical order
Audi up 38.1%*
Honda up 33.2%
Kia up 35.1%
Lexus up 26.2%*
Mercedes-Benz up 33.3%*
Mini up 30.4%*
Subaru up 36.5%
Toyota up 25.2% – Unbelievable considering all of the negative media they’ve had to deal with.
Volkswagen up 63.9% – All the experts say nobody wants diesels. I guess they forgot to tell VW 
* High luxury car sales is a great positive sign of a healthy market.
Despite a strong sales month some car makers failed to match their sales from Feb 2009:
Listed in alphabetical order
Acura down 13.3%
Nissan down 6.6%
Smart down 15.6%
Suzuki down 3.8%
New car sales ‘Market Snapshot’ courtesy of Desrosiers.ca
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