TORONTO - Light-vehicle sales in Canada slumped 4.9 percent in November, the second straight monthly decline, as a 13 percent drop by domestic producers more than outweighed strong gains by Japanese and European brands.
Indeed, the former Big 3 continued to lose market share last month, falling to a combined 67.6 percent from 73.9 percent a year ago. In contrast, Japanese makes improved their combined share to 25.2 percent from 21 percent a year earlier while the Europeans improved to 5.9 percent from 4.0 percent.
Among individual companies:
General Motors was off 9.4 percent for the month, with cars down 3.5 percent and trucks down by 16.1 percent. However, new models such as the Oldsmobile Alero, Pontiac Grand Am and the Chevrolet and GMC pickups did well, executives said.
Ford of Canada sales tumbled 24.6 percent from a year earlier, weighed down by a 16.7 percent drop in cars and a 27.6 percent decline in trucks. John Radford, vice president and general sales manager, attributed the steep fall to a planned reduction in daily rental sales and the discontinuation of several vehicle lines.
Chrysler Canada Ltd. was off 5.6 percent from a year earlier as car sales slipped 1.3 percent and trucks fell 8.7 percent.
Honda/Acura outpaced all other Japanese makes in November with a 26.4 percent increase. In contrast, Nissan/Infiniti plunged 29.9 percent.