The average amount spent for the purchase of a new motor vehicle has decreased
The average amount spent for the purchase of a new motor vehicle in Canada decreased by 2.0 percent last year compared to the previous year, to establish a $ 31,723. In 2006, this amount was for $ 32,386. This change may be the result of a difference in the type of vehicles purchased or a price difference of vehicles, explained Statistics Canada Wednesday in his review of the year 2007, sales of new motor vehicles.
In total, households and businesses have spent $ 53.6 billion for purchase of new vehicles in 2007. This is a slight decrease of 0.6 percent compared to 2006.
Another finding, the traditional "Big Three" automakers no control over most of the passenger car market in North American construction, their share of the Canadian market for passenger cars in North American building being dropped below 50 cent (49.1 per cent) in 2007. By 2000, this proportion was 67.9 percent.
Moreover, for the first time since 2003, drivers in Alberta have not ahead of other provinces in terms of percentage growth in the number of new motor vehicles sold. The number of units sold has increased by 3.3 per cent in Alberta, far behind Newfoundland and Labrador who hauled in mind displaying a whopping 16.8 percent of units sold.
Dealers sold 1,690,538 new vehicles in 2007, up 1.5 percent compared to 2006. This is the second highest level on record. The year 2002 still retains the record.
Sales of private cars has declined by 0.5 percent in 2007 to establish a 859,003 units, while sales of trucks, a category that includes minivans, sport utility vehicles, light trucks and heavy , vans and buses, reached a record of 831,535 units, up 3.5 percent compared to 2006.
For their part, sales of heavy trucks in fall 2007, companies ahead their purchases in anticipation of the entry into force on 1 January 2007, the issuance of new Environmental Protection Agency standards in the United USA.
After five consecutive years of growth of at least 10.0 percent, the value of sales of heavy trucks and buses has decreased by 30.6 percent. These low sales of heavy trucks and buses had a downward effect on the total monetary value of the market for new motor vehicles as heavy trucks have a high compared to private cars and smaller trucks price.