OSHAWA, Ont. - North American auto sales in 2000 may have roared in like a Class 8, but they limped out with little more oomph than a scooter.In Canada, the December chill saw sales for new cars and l...
OSHAWA, Ont. – North American auto sales in 2000 may have roared in like a Class 8, but they limped out with little more oomph than a scooter.
In Canada, the December chill saw sales for new cars and light trucks fall for each of the Big Three – and by double digits for DaimlerChrysler and General Motors. Despite several robust years the news is sparking concern over which direction the industry is heading for the near-term.
The steep drop could mean further trouble in the early months of 2001, auto industry analyst Dennis DesRosiers told the business press. DaimlerChrysler took the biggest hit in December – Canadian sales for the restructuring automaker fell by 22.5 per cent to 19,239 from the same month in 1999.
Passenger cars accounted for most of the drop, falling by 31.2 per cent, while light truck sales fell by 18 per cent. n
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