Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

New motor vehicle sales in Canada declined by 51pc in April this year compared to the prior month according to Statistics Canada data.


Canada’s, passenger car sales fell by 59pc while truck sales dropped by 49pc in April this year compared to March 2020. 


Statistic Canada reported sales of 47,168 new motors vehicles worth $1.67mn in April, down from 96,147 units worth $3.2mn sold in March. In January 2020, 112,845 new vehicles totaling $3.7mn were sold in Canada. Sales rose further in February to 126,224 units worth $4.1mn. 


Slightly more than 8,000 passenger cars worth $232,974 were sold in April this year compared to 20,356 cars worth $509,952 sold in the previous month. In January Canadians bought 22,837 passenger cars worth $558,107mn, while 25,760 cars worth $635,458 were sold in February this year. 


In April 2020, Canada sold 38,696 trucks worth $1.4mn compared to 75,791 trucks worth $2.8mn in March. In January, 90,008 trucks worth $3.1mn were sold followed by sales of 100,464 trucks worth $3.4mn in February 2020. 

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