Canadian vehicle sales go into skid

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Monday, October 13, 2008 4:01:25 AM

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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.
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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

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gougedQC Champion Author Montreal Posts:1,073 Points:16,240 Joined:Apr 2008	Message Posted: 9/6/2008 5:52:41 PM	Ignore gougedQC Report Abuse
	ah rumbleseat, its because we live (allegedly) in a free society. Some haven~t totally understood the concept, i guess
rumbleseat Champion Author Winnipeg Posts:12,214 Points:2,075,645 Joined:Oct 2002	Message Posted: 9/4/2008 4:26:50 AM	Ignore rumbleseat Report Abuse
	I still don't understand why we let isolationists like SHEP20715 buy gasoline without restrictions. He should be put on an allowance based on last year's consumption, reduced by the percentage of product that is imported from Canada. Then maybe he will learn we are all in this together, and not feel he has to respond stupidly every time a story happens to originate in Canada.
gougedQC Champion Author Montreal Posts:1,073 Points:16,240 Joined:Apr 2008	Message Posted: 9/3/2008 9:22:40 AM	Ignore gougedQC Report Abuse
	Gee- I guess speaking French scared the wit out of him.
gougedQC Champion Author Montreal Posts:1,073 Points:16,240 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:827 Points:147,355 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 Champion Author Montreal Posts:1,073 Points:16,240 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:134 Points:234,200 Joined:Dec 2007	Message Posted: 7/6/2008 7:02:09 AM	Ignore Gee_NY Report Abuse
	Ditto! EasyMPG
EasyMPG Champion Author Ontario Posts:9,560 Points:1,216,400 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:821 Points:279,050 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:1,334 Points:976,280 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:208 Points:404,355 Joined:Dec 2003	Message Posted: 7/4/2008 10:30:01 AM	Ignore BMWer Report Abuse
	bring on the 40 mpg truck
domer2 All-Star Author Gary Posts:677 Points:340,475 Joined:May 2007	Message Posted: 7/4/2008 10:27:00 AM	Ignore domer2 Report Abuse
	suprise
BMWer Sophomore Author Calgary Posts:208 Points:404,355 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 Providence Posts:98 Points:27,670 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:5,409 Points:1,057,675 Joined:Aug 2005	Message Posted: 7/4/2008 10:23:08 AM	Ignore Netscaper113 Report Abuse
	not me
NOWAYMAN13 Rookie Author El Paso Posts:14 Points:36,580 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:3,845 Points:754,900 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 Champion Author Tennessee Posts:1,110 Points:122,290 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 Sophomore Author Kentucky Posts:100 Points:19,300 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:1,768 Points:1,134,900 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:4,685 Points:1,029,150 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 All-Star Author Toledo Posts:564 Points:851,625 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:1,823 Points:271,425 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:1,875 Points:986,890 Joined:Jun 2005	Message Posted: 7/4/2008 10:07:20 AM	Ignore bbreff Report Abuse
	old news
hblee Veteran Author Ontario Posts:251 Points:219,585 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:1,554 Points:773,995 Joined:Apr 2006	Message Posted: 7/4/2008 10:06:00 AM	Ignore mrkel Report Abuse
	duh...
kidmikey37 All-Star Author Texas Posts:514 Points:137,770 Joined:Apr 2008	Message Posted: 7/4/2008 10:04:31 AM	Ignore kidmikey37 Report Abuse
	and its not over yet
LuvEd08 Veteran Author Georgia Posts:258 Points:79,400 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:4,622 Points:782,340 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:1,186 Points:543,075 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:1,296 Points:303,060 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:215,895 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:1,537 Points:151,365 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:967 Points:172,350 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:1,197 Points:916,935 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:6,181 Points:791,835 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:6,094 Points:1,649,270 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:2,117 Points:532,985 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 Champion Author New Jersey Posts:1,106 Points:896,610 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:961 Points:418,330 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:313,670 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:810 Points:301,985 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:3,795 Points:823,815 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:2,021 Points:407,235 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:7,153 Points:1,460,100 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:857 Points:679,855 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:1,294 Points:346,240 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 All-Star Author Atlanta Posts:692 Points:820,325 Joined:Mar 2005	Message Posted: 7/4/2008 9:11:06 AM	Ignore Toppers Report Abuse
	Ya think?
AnObserver Champion Author New Jersey Posts:1,414 Points:820,790 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