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

Canadian retail and wholesale car and motor parts sales increased in July from a year earlier, according to Statistics Canada.


The country’s total retail sales rose by 0.6pc to C$52.9bn ($40bn) in July, as motor vehicle and parts sales increased by 3.3pc from June. Motor vehicles and parts sales, however, declined by 7.9pc compared to July 2019, while passenger car sales fell by 17.8pc, and truck sales dropped by 5.5pc. 


Total sales in the wholesale segment increased by 4.3pc to C$65bn in July from a month earlier, StatCan reported. Motor vehicle and parts sales comprised a 19.3pc increase to C$10.6bn. Motor vehicles and parts exports also rose by 37pc in July from a month earlier, while imports increased 50.3pc. However, motor vehicles and parts sales declined by 5.7pc from July of last year.


(C$1 = $0.76)


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