Bloomberg News

Canada January Light-Vehicle Sales Rise 15% as Chrysler Leads

February 02, 2012

Feb. 1 (Bloomberg) -- Sales of cars and light trucks in Canada jumped 15 percent in January as Chrysler Group LLC overtook Ford Motor Co. to capture the top spot amid growing demand for its Dodge Charger and Chrysler 300 models.

Sales increased to 97,497 units during the month, from 84,509 in January 2011, DesRosiers Automotive Consultants Inc. said in an e-mailed report today. Chrysler sold 16,478 cars and light trucks in January, followed by Ford’s 14,973 and General Motors Co.’s 12,959, according to Richmond Hill, Ontario-based DesRosiers.

Statistics Canada data published last month cited greater economic momentum late last year, including manufacturing, trade and retail sales numbers for November that exceeded analysts’ forecasts.

January was Chrysler’s 26th straight month of year-over- year sales growth in Canada, the Fiat SpA unit said today in a news release. Passenger car sales more than doubled, with deliveries of the Chrysler 300 passenger car more than tripling while sales of the Dodge Charger climbed to 670 from 161 a year ago. Total Chrysler’s vehicle sales jumped 22 percent.

Chrysler had about 17 percent of the Canadian car market as of Jan. 31, up from 16 percent a year earlier, DesRosiers data showed. The Fiat unit today disclosed a 44 percent surge in U.S. sales for January.

Ford’s share of the Canadian market dropped to about 15 percent from 17 percent at the end of last year, DesRosiers data showed. Ford sales advanced 4.6 percent in January.

GM’s share dropped to about 13 percent from 15 percent a month earlier as the company delivered fewer vehicles. GM sold 12,959 units last month, a decline of about 11 percent from the same month a year ago, DesRosiers said.

Toyota Motor Corp. delivered 9,850 units in Canada last month, an increase of 18 percent, DesRosiers said. Sales at Honda Motor Co. more than doubled to 8,451.

--Editors: Niamh Ring, Romaine Bostick

To contact the reporter for this story: Frederic Tomesco in Montreal at tomesco@bloomberg.net.

To contact the editor responsible for this story: Jamie Butters at jbutters@bloomberg.net


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