The following is the text of Canada’s new motor vehicles sales report for February released by Statistics Canada.
The number of new motor vehicles sold in February declined 6.7% to 141,589 units, partially offsetting January’s gain. Lower sales in Ontario and Quebec accounted for over three-quarters of the national decrease.
Preliminary industry data indicate that the number of new motor vehicles sold in March declined 2%.
Sales decrease for both passenger cars and trucks Passenger car sales in February decreased 8.3%, partially offsetting gains in January. Sales of North American-built passenger cars accounted for most of the decline, falling 10.9%. Following five consecutive monthly increases, sales of overseas-built passenger cars declined 3.9%.
Sales of trucks (which include minivans, sport-utility vehicles, light and heavy trucks, vans and buses) decreased 5.3% in February, the third decline in four months. February’s decline did not offset January’s increase.
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