Canadian auto sales fall 11.4% in August due to shortages caused by chip issues

A new vehicle for sale is seen at an auto mall in Ottawa, on Monday, April 26, 2021. THE CANADIAN PRESS/Justin Tang

TORONTO - Canadian auto sales continued to struggle last month, falling 11.4 per cent from the prior year, driven by vehicle shortages caused by semiconductor supply issues.

According to estimates compiled by DesRosiers Automotive Consultants, Canadian light vehicle sales totalled 146,925 units in August, compared with 165,837 a year earlier.

Sales were also down 19.2 per cent from the 182,040 sold in August 2019, before COVID-19.

The seasonally adjusted annual rate of sales came in at 1.62 million, the second lowest month this year, said managing partner Andrew King.

He says vehicle shortages had varying impacts from one company to another, with some posting increased sales, while others saw dramatic declines after being hard hit by supply chain shortages.

However, DesRosiers says company-level data is released quarterly

The early report card for the industry: “Lots of promise, but failing to live up to potential.”

This report by The Canadian Press was first published Sept. 2, 2021.


JONESIE: In defence of reporting from unnamed sources
  OPINION It’s always a risk as a journalist using information provided by unnamed sources. It’s asking readers to trust you and your work, and that’s a big ask in 2021. Most of what you read in
A pumpkin patch in a garden in Kamloops.
When to pick those pumpkins as nights get colder in Kamloops, Okanagan
Pumpkins are reaching maturity and turning orange in many backyards in Kamloops and the Okanagan as Halloween approaches but with reports of frosty nights coming, some residents are wondering if they should pull their pumpkins off the vine early.

Top News