Canadian new vehicle sales surge up 50.4 percent in March

Canadian new vehicle sales surge up 50.4 percent in March

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According to Statistics Canada, new motor vehicle sales in March 2021 totaled 173,485 units, reflecting an increase of 50.4 percent month-on-month and an increase of 83.0 percent year-on-year. By value, Canadian vehicle sales in March totaled $8.17 billion, compared to $5.51 billion in February and $4.38 billion in March 2020.

Canadian sales of vehicles manufactured in North America totaled 132,811 units in March at a value of $6.43 billion, while sales of vehicles manufactured overseas totaled 40,674 units at a value of $1.74 billion.

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