August auto sales up 5.6% but growth set to slow, analyst says

Trucks on Dealer Lot — DesRosiers Automotive Consultants says August auto sales were up 5.6 per cent compared with the same time last year but estimates tougher gains in the coming months. (CANADIAN PRESS)

By:

Staff and Wire Reports

September 05, 2024 05:39 PM

August new-vehicle sales were up 5.6 per cent compared with the same time last year but sales gains will be tougher to come by in the coming months, DesRosiers Automotive Consultants says.

Featured Stories

Stellantis joins Ford with employee pricing discounts

Dealership buy-sell database updates: Top 150 groups included in 10 deals across eight states

Trump’s tariffs challenge Korea and other industry friends

Here’s our list of the 2025 Top 150 dealership groups

Latest News

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Live updates on tariffs: Ford, Stellantis offer employee discounts; China retaliates; Mexico seeks solution

Hyundai, Genesis won’t raise vehicle prices over the next two months

What automakers are saying about vehicle prices with tariffs in effect

Staying current is easy with newsletters delivered straight to your inbox.

See More in Retail

Will Carvana be ready for the next market shift with tariffs? Confidence is there

Dealership can defend itself against lawsuit stemming from test drive crash, court rules

Canadian March, Q1 sales surge on tariff fears

Bennett Automotive Group sells Provincial Chrysler in Windsor, Ont.

Staying current is easy with newsletters delivered straight to your inbox.