New car sales struggling in Canada, Russia

By Tim Beissmann  |  December 10th, 2009
      3 Comments

While many other markets are experiencing strengthening sales as the new year approaches, Canada and Russia continue to battle a lack of demand and the lingering effects of the economic downturn.

AUTOS-SHARES/

New vehicle sales in Canada were down by three percent compared to November 2008 – the fifth straight single-digit drop after the previous eight straight months of double-digit collapses.

November sales reached 102,188 units taking the year-to-date total to 1,349, 608 – 13 percent below the comparative figure for 2008.

Including car and light truck sales, Ford topped the table with 16,379 – 12,454 of those trucks – declining one percent overall.

2010_ford_fusion_hybrid_fr

Second-ranked Toyota’s sales soared by 26 percent to 16,112, while General Motors limped to third position with 14,983 on the back of a 30 percent slump.

However, the situation is even bleaker in Russia where new car sales almost halved compared to November 2008.

The results mirror those of the previous 10 months, with year-to-date sales down 50 percent, prompting Prime Minister Vladimir Putin to introduce a scrappage scheme.

2009-avtovaz

Drivers who trade in vehicles at least 10 years old for a new Russian-made car will get a 50,000 rouble (AUD$1800) refund.

Russia also plans to give battling local manufacturer AvtoVAZ 50 billion roubles ($1.81 billion) in aid.

 

(with Automotive News)

Relations

Similar Articles

Comments

3 Responses to “New car sales struggling in Canada, Russia”
  1. Vote -1 Vote +1mh2408
    says:

    What happened to the New Vehicle Sales Figures for Australia that you used to post? We seem to see the figures for all other countries but nothing for Australia.( apart from something about Hyundai and Chrysler this month) You haven’t posted a complete list for a couple of months

  2. Vote -1 Vote +1MatthewM
    says:

    Canada and Russia both have brutal winters. Why would you buy a new car just to have it destroyed within a few seasons by snow/ice/road salt etc.

Speak Your Mind

Login with Facebook:

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word