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“Quite a spectacular year,” Dennis DesRosiers told CBC’s Meegan Read. “The eighth consecutive year of growth, and the last four have been all-time records.”
Ford Motor Company of Canada said it sold 308,669 vehicles last year, up 1.3 per cent from 2016. The company’s truck sales were up by 5.2 per cent, while car sales tumbled almost 20 per cent year-over-year.
Fiat Chrysler said its full-year sales dipped four per cent to 267,052 units, as growth in its Ram brand was offset by softness in sales for its Jeep, Chrysler and Dodge brands.
Honda Canada reported a sales increase of six per cent in 2017, on sales of 197,251 units by Honda and Acura. The company said its Honda division set a fourth consecutive annual sales record, up six per cent over last year, on sales of 176,951 units in 2017, while Acura sales topped 20,000 unit but were flat compared to 2016.
Toyota Canada said record hybrid, truck and Lexus sales helped it to its best year on record, with overall sales up 3.1 per cent and 224,547 vehicles sold.
DesRosiers also pointed out that four German brands — Mercedes-Benz, BMW, Audi and Porsche — all set all-time records for sales.
“The luxury market is hot,” DesRosiers said.