TORONTO – DesRosiers Automotive Consultants Inc. says vehicle sales in October were up 8.8 per cent from the same month last year.
The firm estimates 162,000 units were sold in October as there were two extra selling days compared with the same month last year.
DesRosiers says last month’s sales just about matched October 2019 sales numbers.
Sales were also higher than 2022 numbers when the auto industry suffered supply chain issues.
Andrew King, managing partner at DesRosiers, says the auto market was fairly strong in October with only a couple of volume players seeing a sales decline for the month.
DesRosiers says the auto market is on track to hit an annual total of 1.8 million vehicles for the first time since 2019.
This report by The Canadian Press was first published Nov. 4, 2024.
