Canadian new vehicle sales up 22.9 percent in February

Canadian new vehicle sales up 22.9 percent in February

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According to Statistics Canada, new motor vehicle sales in February 2021 totaled 118,542 units, reflecting an increase of 22.9 percent month-on-month but a decrease of 6.5 percent year-on-year. By value, Canadian vehicle sales in February totaled $5.58 billion, compared to $4.48 billion in January and $5.64 billion in February 2020.

Canadian sales of vehicles manufactured in North America totaled 87,923 units in February at a value of $4.29 billion, while sales of vehicles manufactured overseas totaled 30,619 units at a value of $1.29 billion.

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