Canadian vehicle sales go into skid

Not logged in [Log In] [Sign Up] [Points Leaders] [My Profile]

Thursday, August 28, 2008 4:46:22 PM

Featured Sponsor


Add gas prices to your web site. Click here to find out how!

GasBuddy News Article

Canadian vehicle sales go into skid Thursday, July 03, 2008
The London Free Press -- TORONTO -- Canadian sales of cars and light trucks, which had been holding up well in the first five months of 2008, took a sharp turn for the worse last month as the high price of gasoline cut demand for pickups, SUVs and gas guzzlers. General Motors of Canada, the country's biggest automaker, reported a 23.8 per cent skid in overall June sales as the company sold a total of 32,365 cars and light trucks last month, down from 42,466 in June 2007. GM's truck sales were especially hard hit, plunging more than 35 per cent compared with a year ago, while its Canadian passenger car sales dropped 11.5 per cent to 18,122.
Visit The London Free Press for full article

Message Forum - Read Message

Category: Daily News Article Discussions > Topics		Add to favorite topics Post New Topic
Rate this topic: Low 1 - 2 - 3 - 4 - 5 High Avg rating: 0.0 (0 votes)

Author	Topic: Canadian vehicle sales go into skid	Post a Reply Back to Topics

JT Moderator	Message Posted: 7/3/2008 10:36:22 AM	Ignore JT Report Abuse
	Thursday, July 03, 2008 The London Free Press -- TORONTO -- Canadian sales of cars and light trucks, which had been holding up well in the first five months of 2008, took a sharp turn for the worse last month as the high price of gasoline cut demand for pickups, SUVs and gas guzzlers. General Motors of Canada, the country's biggest automaker, reported a 23.8 per cent skid in overall June sales as the company sold a total of 32,365 cars and light trucks last month, down from 42,466 in June 2007. GM's truck sales were especially hard hit, plunging more than 35 per cent compared with a year ago, while its Canadian passenger car sales dropped 11.5 per cent to 18,122. Visit The London Free Press for full article

REPLIES (newest first)

First

Next Last

gougedQC All-Star Author Montreal Posts:682 Points:12,605 Joined:Apr 2008	Message Posted: 7/24/2008 6:51:43 AM	Ignore gougedQC Report Abuse
	SHEP: Tu n'as pas encore compris? C'est un complot! Le Canada, un pays (theoriquement) bilingue, avec un grand nombre de citoyens bilingues, va bientot envahir le forum et tranquillement on va commencer a poster en langue francaise! Alors attention, ne pas tirer la queue de l'ours polaire mon vieux! ;-)
SHEP20715 All-Star Author Maryland Posts:603 Points:102,880 Joined:Nov 2007	Message Posted: 7/24/2008 12:51:28 AM	Ignore SHEP20715 Report Abuse
	I still don't understand why there is so much talk about Canada
gougedQC All-Star Author Montreal Posts:682 Points:12,605 Joined:Apr 2008	Message Posted: 7/23/2008 8:55:07 PM	Ignore gougedQC Report Abuse
	Well, perhaps another reason is that since the Cdn dollar hit par, Cdns have seen how their getting shafted for new car prices compared to the US. After checking very carefully at several dealers in 4 provinces, I bought a high end car in the US last year and even after duty taxes and various other fees, still figure I saved in the neighbourhood of at least 12-thousand or more. (AND, in spite of what they say up here, it was actually very easy and uncomplicated to do !!!!) Plus the US dealers were a LOT more helpful! I know literally tens of thousands of cars were brought over in 2007, so perhaps that too is one reason why Cdn sales were down.
Gee_NY Sophomore Author Texas Posts:126 Points:193,840 Joined:Dec 2007	Message Posted: 7/6/2008 7:02:09 AM	Ignore Gee_NY Report Abuse
	Ditto! EasyMPG
EasyMPG Champion Author Ontario Posts:9,340 Points:1,177,815 Joined:Jun 2004	Message Posted: 7/4/2008 12:07:25 PM	Ignore EasyMPG Report Abuse
	Perhaps auto sales would not be dropping, had they given us the technology to get 50+mpg that was developed in the 1980s!
CatbirdWoman All-Star Author Ohio Posts:758 Points:256,775 Joined:Jan 2007	Message Posted: 7/4/2008 10:52:23 AM	Ignore CatbirdWoman Report Abuse
	Same here, I think it is the hard times. Let me rephrase that, I know it's from hard times, which it may become a lot harder, but it's not as easy as it used to be.
Don20 Champion Author Oklahoma City Posts:1,122 Points:932,085 Joined:Mar 2005	Message Posted: 7/4/2008 10:41:23 AM	Ignore Don20 Report Abuse
	Will imagine that, another PHD.
BMWer Sophomore Author Calgary Posts:194 Points:367,375 Joined:Dec 2003	Message Posted: 7/4/2008 10:30:01 AM	Ignore BMWer Report Abuse
	bring on the 40 mpg truck
domer2 Veteran Author Gary Posts:452 Points:295,900 Joined:May 2007	Message Posted: 7/4/2008 10:27:00 AM	Ignore domer2 Report Abuse
	suprise
BMWer Sophomore Author Calgary Posts:194 Points:367,375 Joined:Dec 2003	Message Posted: 7/4/2008 10:24:47 AM	Ignore BMWer Report Abuse
	They have to get trucks made that get higher gas mileage...
DrFluff Rookie Author Rhode Island Posts:94 Points:26,540 Joined:Jun 2008	Message Posted: 7/4/2008 10:23:32 AM	Ignore DrFluff Report Abuse
	You'd think that someone would have come up with a higher mileage truck by now. Wasn't that the hot topic in the early 70's?
Netscaper113 Champion Author New York City Posts:5,183 Points:1,013,100 Joined:Aug 2005	Message Posted: 7/4/2008 10:23:08 AM	Ignore Netscaper113 Report Abuse
	not me
NOWAYMAN13 Rookie Author El Paso Posts:13 Points:33,735 Joined:May 2008	Message Posted: 7/4/2008 10:19:49 AM	Ignore NOWAYMAN13 Report Abuse
	who wants to buy gas guzzlers?
design_guy06 Champion Author Ontario Posts:3,620 Points:710,425 Joined:Aug 2006	Message Posted: 7/4/2008 10:17:37 AM	Ignore design_guy06 Report Abuse
	With gas prices these days, expect a lot of decline in sales. Especially on bigger vehicles.
ladyjj All-Star Author Tennessee Posts:743 Points:77,715 Joined:Apr 2008	Message Posted: 7/4/2008 10:16:00 AM	Ignore ladyjj Report Abuse
	Well it will work its ugly head south as well. You can't give away a big SUV now a days.
knuckels08 Rookie Author Kentucky Posts:79 Points:15,605 Joined:Jun 2008	Message Posted: 7/4/2008 10:15:27 AM	Ignore knuckels08 Report Abuse
	electric cars need to hurry up
bug27 Champion Author Kentucky Posts:1,548 Points:1,091,300 Joined:Apr 2005	Message Posted: 7/4/2008 10:14:44 AM	Ignore bug27 Report Abuse
	If Detroit continues ignoring what customers want, before long there won't be any American auto companies left. Just Toyota, Honda, Volkswagen, etc.......
Somis1 Champion Author Ventura Posts:4,439 Points:986,115 Joined:Jul 2005	Message Posted: 7/4/2008 10:13:29 AM	Ignore Somis1 Report Abuse
	Looking strictly at the energy situation, this is good news. Reality is setting in.
dopster Veteran Author Toledo Posts:412 Points:814,730 Joined:Aug 2004	Message Posted: 7/4/2008 10:09:38 AM	Ignore dopster Report Abuse
	All car companies tat didn't pay attention to the handwriting on the wall are going to suffer. Just adds to recession woes.
Mooseman1 Champion Author Manitoba Posts:1,612 Points:229,390 Joined:Jul 2007	Message Posted: 7/4/2008 10:09:05 AM	Ignore Mooseman1 Report Abuse
	People are looking for smaller fuel efficient cars not the historical big gas guzzlers.
bbreff Champion Author Atlanta Posts:1,660 Points:943,815 Joined:Jun 2005	Message Posted: 7/4/2008 10:07:20 AM	Ignore bbreff Report Abuse
	old news
hblee Sophomore Author Ontario Posts:139 Points:195,180 Joined:May 2004	Message Posted: 7/4/2008 10:06:54 AM	Ignore hblee Report Abuse
	When you keep building cars that are inefficient, you will pay the price. I don't mean the car company execs, but the folks who actually build the cars. But then again there's the union who keeps on asking for more money so we end up having to raise the price of the cars as well as losing jobs to other countries anyways. No one really wins at the end.
mrkel Champion Author Cincinnati Posts:1,368 Points:731,155 Joined:Apr 2006	Message Posted: 7/4/2008 10:06:00 AM	Ignore mrkel Report Abuse
	duh...
kidmikey37 Veteran Author Nevada Posts:452 Points:118,680 Joined:Apr 2008	Message Posted: 7/4/2008 10:04:31 AM	Ignore kidmikey37 Report Abuse
	and its not over yet
LuvEd08 Sophomore Author Georgia Posts:181 Points:53,855 Joined:Apr 2008	Message Posted: 7/4/2008 10:03:35 AM	Ignore LuvEd08 Report Abuse
	Even if cars got 60 mpg they'd just charge more for gas
mwhals Champion Author Charleston Posts:4,344 Points:737,765 Joined:Jun 2006	Message Posted: 7/4/2008 10:02:47 AM	Ignore mwhals Report Abuse
	Canada is in the same position as us based on auto sales and fuel prices.
Egor Champion Author Regina Posts:1,031 Points:512,165 Joined:Aug 2005	Message Posted: 7/4/2008 9:53:24 AM	Ignore Egor Report Abuse
	Appearently, our lives are not centred around fuel and travelling. We have wisely built more flexibility in our budgets and finances than the US. However, it has gone to far even for us. So, we now have to cut back on our auto purchases and put the auto companies in the crapper. Oh well, it's not like they have done anything for us ever. It's just too bad that all those folks who work there are soon going to be unemployed.
Masercal Champion Author Michigan Posts:1,081 Points:259,685 Joined:Oct 2007	Message Posted: 7/4/2008 9:50:01 AM	Ignore Masercal Report Abuse
	Not going to get any better until fuel prices drop significantly or better fuel mileage vehicles hit the road.
nd73 Veteran Author Grand Rapids Posts:338 Points:214,620 Joined:May 2007	Message Posted: 7/4/2008 9:48:42 AM	Ignore nd73 Report Abuse
	Just like the US.
shadyjaydee Champion Author Trenton Posts:1,377 Points:138,440 Joined:Sep 2005	Message Posted: 7/4/2008 9:46:00 AM	Ignore shadyjaydee Report Abuse
	I would love to buy a new car, but the money I would save in fuel costs would not cover the car payments.
AlaRedNeck All-Star Author Kansas Posts:741 Points:127,775 Joined:Apr 2008	Message Posted: 7/4/2008 9:44:40 AM	Ignore AlaRedNeck Report Abuse
	they are in the toilet all over...
CheapoBob Champion Author Alabama Posts:1,018 Points:882,310 Joined:Apr 2005	Message Posted: 7/4/2008 9:41:29 AM	Ignore CheapoBob Report Abuse
	need one to get 100 mpg
BoerneWatch Champion Author San Antonio Posts:5,842 Points:747,035 Joined:Oct 2005	Message Posted: 7/4/2008 9:41:00 AM	Ignore BoerneWatch Report Abuse
	Don't forget that Canada also raised taxes on fuel. But taxes won't make that big of a difference. At least that is what Oba I mean the Messiah says.
scrounger Champion Author Vancouver Posts:5,875 Points:1,605,690 Joined:Mar 2003	Message Posted: 7/4/2008 9:38:20 AM	Ignore scrounger Report Abuse
	tough......maybe that will encourage them to build fuel efficient vehicles
tazdriver Champion Author Alabama Posts:1,894 Points:488,450 Joined:Jan 2007	Message Posted: 7/4/2008 9:37:26 AM	Ignore tazdriver Report Abuse
	When you are spending all of your disposable income for gas thee is none left for new cars. Simple.
HockeyLady All-Star Author New Jersey Posts:917 Points:858,980 Joined:Jun 2005	Message Posted: 7/4/2008 9:34:56 AM	Ignore HockeyLady Report Abuse
	no surprise. I feel sorry for the folks who need the larger vehicles for business
spunky4443 All-Star Author Washington Posts:736 Points:373,775 Joined:May 2005	Message Posted: 7/4/2008 9:34:05 AM	Ignore spunky4443 Report Abuse
	Gee Whiz, I wonder why this is happening, it couldn't be, because of the high Fuel prices???????
MrLuigi Rookie Author Massachusetts Posts:36 Points:298,370 Joined:Jun 2005	Message Posted: 7/4/2008 9:32:08 AM	Ignore MrLuigi Report Abuse
	Somethings gotta change.
ILBCNU All-Star Author Michigan Posts:760 Points:289,110 Joined:Aug 2005	Message Posted: 7/4/2008 9:30:53 AM	Ignore ILBCNU Report Abuse
	There's not too many businesses to bail out anymore. They did it for Chrysler.
amearly Champion Author Michigan Posts:3,570 Points:779,240 Joined:Jan 2006	Message Posted: 7/4/2008 9:28:47 AM	Ignore amearly Report Abuse
	Big Surpirse.
jax1wec Rookie Author Jacksonville Posts:3 Points:385 Joined:Jul 2008	Message Posted: 7/4/2008 9:28:08 AM	Ignore jax1wec Report Abuse
	.
s6sputnik Champion Author Austin Posts:1,802 Points:362,925 Joined:Jun 2007	Message Posted: 7/4/2008 9:21:37 AM	Ignore s6sputnik Report Abuse
	Canadians think longer before buying a car?
bluebird1 Champion Author Toronto Posts:6,921 Points:1,415,525 Joined:May 2004	Message Posted: 7/4/2008 9:16:30 AM	Ignore bluebird1 Report Abuse
	Can't understand whyt it held up longer than the US...given gas was more expensive here a lot sooner. It's now $6.23+ /gal. Cdn. here in Toronto & 7.90 in populated parts of BC.
mysub All-Star Author Las Vegas Posts:642 Points:635,705 Joined:Apr 2006	Message Posted: 7/4/2008 9:16:07 AM	Ignore mysub Report Abuse
	AuburnTim, I couldn't have said it better myself. Your exactly right.
mrpc90 Champion Author Illinois Posts:1,264 Points:319,165 Joined:Dec 2004	Message Posted: 7/4/2008 9:11:37 AM	Ignore mrpc90 Report Abuse
	Just like they did here in the states....
Toppers Veteran Author Atlanta Posts:462 Points:774,775 Joined:Mar 2005	Message Posted: 7/4/2008 9:11:06 AM	Ignore Toppers Report Abuse
	Ya think?
AnObserver Champion Author New Jersey Posts:1,228 Points:784,015 Joined:Sep 2005	Message Posted: 7/4/2008 9:10:57 AM	Ignore AnObserver Report Abuse
	Vehicles sales are reacting to to the sustained high price of fuel - what might have been an abberation has indeed become the norm
mhoward20 Sophomore Author Virginia Beach Posts:187 Points:39,155 Joined:May 2008	Message Posted: 7/4/2008 9:10:28 AM	Ignore mhoward20 Report Abuse
	Duh.
waterman71 Veteran Author Michigan Posts:317 Points:55,990 Joined:Dec 2007	Message Posted: 7/4/2008 9:06:15 AM	Ignore waterman71 Report Abuse
	Can't afford gas, or a new car oh well
TRAIN RIDER All-Star Author San Bernardino Posts:741 Points:1,089,975 Joined:Oct 2004	Message Posted: 7/4/2008 9:02:09 AM	Ignore TRAIN RIDER Report Abuse
	HIGH GAS PRICES EVERY WHERE HAVE KILLED THE SALES OF THESE VEHICLES. IT IS TOO BAD THAT EVERY TIME SOME THING LIKE THIS HAPPENS NO ONE CAN SEE IT COMING AND DOES ANY THING ABOUT IT. EXECPT THE JAPANESE WHO HAVE SMALLER CARS AND SELL MORE AT A TIME LIKE THIS.