With Canadian car dealers busy in June, Ford, General Motors and Chrysler certainly did not need a bailout last month.
Ford had its best June in more than 20-years and Chrysler’s best June since 2005.
Carlos Gomes, senior economist at Scotiabank told 680News low numbers in May forced car markers to bring big big incentives and the shift toward more fuel efficient vehicles is firing up the car market
“It’s really Ford that is having the greatest success with respect to their small car line. They’ve been posting consistant double digit gains for a number of months now.”
Ford sales were up 6 per cent year over year and it is number one agian in Canada, while General Motors was up 8 per cent and Chrysler saw a spike of nearly 30 per cent in its June sales compared to last year.
