Canadian vehicle sales have continued to grow in October

Canadian sales of cars and light trucks have continued to rise in October, creating a strong contrast with the situation observed south of the border, according to industry data revealed Monday. The general sales vehicles totaled 122,711 units in the country in October, up 1.5 percent compared to those recorded during the same month a year ago, reveal statistics compiled by DesRosiers Automotive Consultants. General Motors and Ford continues to show declines from one year to another, but nothing similar to their U.S. parent companies, while Chrysler Canada recorded an increase of 1.5 per cent of its sales.

The largest increase was achieved by Toyota Canada, with sales of cars and trucks from Toyota and Lexus brands totaled 15,843 units, up 9.4 percent compared to those of 14,484 vehicles registered in October 2007 . For comparison, the volume of sales of General Motors, including those of the Saab brand, was nearly double the sales volume of Toyota, 28,220, but this figure is less than 6.1 percent was that observed last year.

Chrysler Running 15,643 vehicles last month, up from sales of 15,411 units completed during the same month a year earlier. 

Ford sold 15,123 vehicles, down 10.3 percent compared to the figure of 16,863 observed there one year. Honda finally saw its sales reached 11,455 vehicles, an increase of 0.7 percent compared to those of 11,377 units a year earlier realized.

In the United States, GM, Toyota and Ford have cash cuts 45, 23 and 30 percent of sales, respectively.