(Toronto) Sales of light motor vehicles in Canada increased in January by 7.5% compared to the first month of 2022, the specialized firm DesRosiers Automotive Consultants said Thursday.
A total of 98,259 new light vehicles were sold by reporting automakers in January, the research firm estimated.
This result compares to 91,411 vehicles sold in January 2022.
DesRosiers says he sees signs of improving vehicle availability from a growing list of manufacturers.
Unlike 2022, when sales deteriorated in the spring, Andrew King, managing partner of DesRosiers, said the company hopes the market will continue to move forward this year, building on that initial strength.
The total number of motor vehicle sales in 2022 was the lowest since 2009.