Record light-truck sales push May LV deliveries to within 0.5% of the month’s all-time high set in 2007.
Malibu sees 90.6% sales gain in May.
It was onward and upward in May, as Canada new light-vehicle sales remained second-best in history for a second consecutive month, thanks to all-time-high light-truck deliveries.
Canadian dealers rolled an average of 7,088 units out the door each of 26 selling days last month on total volume of 184,281 units. That fell just 0.5% shy of tying the all-time May record of 185,086 vehicles set in 2007.
May LV sales rose 3.4% from April’s 6,857-unit daily rate and surpassed by 5.1% the 6,744 sold each of 26 selling days year-ago.
Driving last month’s volume to near-record levels were light-truck deliveries totaling 99,146 units. That surpassed by 7.4% the 92,301 sold year-ago, which easily topped third-best 2007’s 84,287.
Although May sales of 85,135 cars beat prior-year’s 83,033 units by 2.5% on a DSR basis, they posed no threat to the all-time record for the month of 118,991 set in 1985, an indication of the demand shift toward trucks.
Market-leader’s May sales rose 10.9% from April, but fell 0.7% short of prior-year results due to a 8.9% decline in car deliveries.
truck sales increased 7.5% from April and 4.4% from May 2012 on strong demand for the F-Series, Explorer and Escape.
Second-placeboasted LV sales gains of 8.6% vs. April and 11.3% from year-ago, again thanks to rising light-truck deliveries. All models except the Journey and Ram cargo van posted significant increases.
remained the weakest of the Detroit Three, with May LV sales trailing April’s results by 9.3% and besting prior-year’s performance by just 1.6%.
Asian-brand deliveries topped April by 3.7% and inventory-constrained year-ago by 7.6%, thanks in large part to gains by/Acura, , /Infiniti and Toyota/Lexus.
European makes did not fare as well, edging past their April performance by a mere 0.2% and falling 0.3% shy of their May 2012 tally.
Canadian LV sales total 710,061 units year-to-date, up 2.3% from 693,959 in like-2012. The Detroit Three are up a collective 4.8%, while the Europeans have gained 2.0% in volume and Asian makes are flat with year-ago’s pace.