Total third-quarter sales were down 11.8 per cent to 387,435, according to DesRosiers Automotive Consultants. However, the Detroit Three posted double-digit gains by percentage during the third quarter, up a combined 17.9 per cent.
Some of the world’s biggest automakers appear to have turned the corner when it comes to Canadian sales.
“There were remarkable [third-quarter] sales gains by the Detroit Three, although it should be noted that a good portion of these gains were a recovery from the difficult summer of 2021 when these companies were hit early and hard by semiconductor shortages,” DesRosiers Automotive Consultants said in a statement.Sandor Piszar, vice-president, sales, service and marketing at General Motors Canada in a statement called his company’s rebound impressive.
Meanwhile, Stellantis sales increased 14.7 per cent to 40,958, and that includes a slumping Jeep brand — usually a workhorse for the automaker — which saw third-quarter sales fall 8.1 per cent to 13,830. FCA Canada is a division of Stellantis and hasn’t yet change its corporate name to reflect the merger between FCA and PSA Group.
“However, the split in performance between companies was remarkable – and it would be foolish to get too optimistic until the recovery has a broader base of participants,” he said. SALES STRUGGLE TO CONTINUE
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