Canada set to weather auto market downturn-analyst

Newswire

TORONTO, Feb 20 (Reuters) - Sales in the Canadian auto market are set to fall slightly over the next couple of years, but the slowdown will be less pronounced than in the U.S. market, a top Canadian auto analyst said on Wednesday. Auto sales in Canada are expected to fall to 1.629 million units in 2009 from 1.69 million units in 2007, Dennis DesRosiers, head of DesRosiers Automotive Consultants Inc, said in a research note. Sales are seen recovering to 1.658 million units by 2012, he ...

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