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Canadian auto sales to edge down in 2017: Scotiabank

February 7, 2017 by Canadian Underwriter

Canadian auto sales are expected to edge down to 1.94 million units in 2017, coming off four consecutive record years, according to the Scotiabank Global Auto Report, released on Tuesday. Despite the beginning of a sales recovery in the resource-rich

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Global economy to post best performance in three years, Canadian growth to accelerate over next two years: Scotiabank

January 17, 2017 by Canadian Underwriter

The global economy is projected to post its best performance this year since 2014, while growth in Canada in expected to accelerate over the next two years, according to Scotiabank’s Global Outlook, published on Tuesday. While geopolitical risks abound, recent

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Auto buyers lightly tap brakes in May, first monthly decline since December

June 3, 2016 The Canadian Press

TORONTO – New figures show Canadian consumers lightly tapped the brakes in May, with monthly auto sales falling for the first time since December. DesRosiers Automotive Consultants says light vehicle sales in Canada fell 1.5 per cent last month to

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DesRosiers says Canadian auto sales set record in April, topped 200,000

May 4, 2016 The Canadian Press

TORONTO – DesRosiers Automotive Consultants says Canadian monthly auto sales hit a record in April, topping 200,000 for the first time. The automotive consulting firm says sales of cars and light trucks totalled 200,327, up six per cent from 189,072