Canadian Underwriter

Cars for sale in a lot
News Insurance

Auto sales fall 8.5% in May from a year earlier as supply challenges persists

June 3, 2022 The Canadian Press

TORONTO – DesRosiers Automotive Consultants (DAC) says Canadian auto sales were down 8.5 per cent in May compared with a year earlier as supply challenges persist. The consultancy estimates 140,725 new light vehicles were sold in the month, in line

Cars at a dealership
News Insurance

DesRosiers says auto sales fell 12.4 per cent in February

March 3, 2022 The Canadian Press

TORONTO – DesRosiers Automotive Consultants says Canadian auto sales fell 12.4 per cent in February from a year earlier.  The consultancy estimates new light vehicle sales came in at 98,722 units, down from 112,654 in February last year.   DAC says

Close-up shot of hoods of cars
News Insurance

Canadian auto sales fall 11.4% in August due to shortages caused by chip issues

September 7, 2021 The Canadian Press

TORONTO – Canadian auto sales continued to struggle last month, falling 11.4 per cent from the prior year, driven by vehicle shortages caused by semiconductor supply issues. According to estimates compiled by DesRosiers Automotive Consultants, Canadian light vehicle sales totalled

News Insurance

Canadian vehicle sales increased 36% in May from a year earlier but down from 2019

June 2, 2021 The Canadian Press

TORONTO – Canadian auto sales disappointed in May despite increasing nearly 36 per cent from a year earlier when sales plunged due to lockdowns to address the COVID-19 pandemic. According to estimates compiled by DesRosiers Automotive Consultants, Canadian light vehicle

News Insurance

Canada’s April vehicle sales up 254% from last year’s pandemic low

May 4, 2021 The Canadian Press

TORONTO – Canadian auto sales in April were up 254 per cent compared with the same month last year, when sales plunged due to lockdowns in the early stages of the COVID-19 pandemic. According to estimates compiled by DesRosiers Automotive