Canadian auto sales soared 9.6 percent in January, with 11 different brands reporting double-digit growth.
Continuing the trend of history many months, pickup trucks and SUVs drove the sales increase, with light truck sales up 17 percent and passenger car sales down 3.8 per cent, according to data from DesRosiers Automotive Consultants.
Honda Canada Inc. saw the largest increase, with sales up 36.8 per cent, while Vehicle of Canada Ltd. saw sales jump 24.3 percent.
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Fiat Chrysler Canada took the biggest slice of the Canadian market, with 16.7 percent share of the market, but only saw sales edge up 0.6 per cent.
Volkswagen, however, saw its sales plunge 17.6 percent because it continues to deal with the fallout from the diesel emissions scandal.
“As much as sales were extremely positive, we also do not like to see an excessive amount of in to the early months associated with a particular year,” DesRosiers wrote inside a note.
“A much more water has to flow under this bridge before we are able to be confident these sales levels is going to be maintained.”
