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

New motor vehicle sales in Canada rose by 2.3pc in September on an annual basis to 173,984 units, as the automotive industry recovers from the impact of the COVID-19 pandemic. 


Data from Statistics Canada (StatCan) indicated that in January-September, new vehicle sales fell short by 33pc to 1.15 million units compared with 1.53 million units in the same period last year. A major part of this decline was witnessed in March and April, during the peak of pandemic-related shutdowns, where sales plummeted to lower than 100,000 units in a month. However, sales in Canada have gradually recovered and are now in the green. 


During the first nine months, car sales in the country were valued at C$51.4mn ($39.4mn), compared with a sales value of $6.62mn in the same period of 2019.

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