Canada’s August 2025 Auto Sales Dip 2.9%, Year-to-Date Still Up 4.6%
Summary of August 2025 New Light Vehicle Sales in Canada
- Overall Market: Sales totaled about 160,000 units, down 2.9% from August 2024 (165,000 units).
- Year-to-Date: Sales remained 4.6% higher than the same period in 2024.
Provincial Performance
- Declines:
- British Columbia: -10.0% (largest drop, but still slightly positive year-to-date)
- Manitoba: -5.4%
- Quebec: -4.5%
- Alberta: -4.4%
- New Brunswick: -2.8%
- Growth:
- Saskatchewan: +3.6%
- Rest of Atlantic region: modest increases
Regional Trends
- Prairie and Atlantic regions outperformed the national market on a year-to-date basis.
Industry Commentary
- Andrew King (DAC) noted that economic challenges led to weak August sales across all provinces, with results falling short of year-to-date expectations.
September 2025 Auto Market Report: Strong Sales Amid Rising Loan Rates and Shifting Consumer Sentiment
Retail sales for both new and used vehicles continued to show strength into early September, maintaining the momentum from August despite challenges in financing. Auto loan rates rose noticeably, averaging 14.12% for used vehicles and 9.43% for new ones, while low-interest rate offerings have diminished. Vehicle supply remains constrained, with new inventory declining over the past two weeks and used supply still lower than in prior years. Pricing trends are relatively stable, with used vehicle values drifting slightly downward—2022 model retail prices fell 0.1% and wholesale prices 0.2% last week.
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