Continued automotive sales in June contributed to the strongest first half sales in Canadian automotive sales history. According to the Global Automakers of Canada (GAC), June added 177,857 new units, which resulted in bringing the first half sales of 2015 up to 933,439 new vehicles - that is a record for Canadian auto sales.
June sales in 2015 advanced 1.4% over June 2014, while first half sales were 2.8% ahead of last year. As with every other month so far in 2015, June sales were 6% higher than the five year average sales for the month of June. Further, first half 2015 sales were 9.7% greater than the five year historic average for first half sales.
“Rising consumer confidence and attractive incentives and financing rates have continued to propel new car sales forward in June,” said David Adams, President of the Global Automakers of Canada. “As we first observed last month, by in large the luxury brands continued to perform well, however some mainline brands also saw sizeable increases” added Adams. “Sales for the first half have been incredible.”
FCA regained its sales crown for June with 27,217 units sold, and leads all brands in sales through the first half. The Honda Civic continued its run as the best-selling passenger car in June and remains the best-selling car through the first half, while the Ford F-150 remained Canada’s best-selling vehicle overall for June and through the first half of 2015.
June witnessed truck sales growth of 11.8% while passenger car sales declined an almost identical 11.7%. Truck sales comprised 61.5% of total sales in June compared to 55.8% last year. Through the first half of the year truck sales are up 7.1% while passenger cars sales declined by 3.1%.
So pickup trucks and SUVs are really trending with Canadian buyers during the first half of 2015. Will this trend continue for the next half? We'll be able to bring you that story next January.