Canadian new vehicle sales up 11.3 percent in May

Monday, 17 July 2023 20:32:23 (GMT+3)   |   San Diego
       

According to Statistics Canada, new motor vehicle sales in May 2023 totaled 165,568 units, reflecting an increase of 11.3 percent month-on-month and an increase of 22.5 percent year-on-year. By value, Canadian vehicle sales in May totaled $9.36 billion, compared to $8.02 billion in April and $7.60 billion in May 2022.

Canadian sales of vehicles manufactured in North America totaled 118,816 units in May at a value of $6.96 billion, while sales of vehicles manufactured overseas totaled 46,752 units at a value of $2.39 billion.


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