TORONTO — DesRosiers Automotive Consultants says June vehicle sales were up from a year earlier but still showed declining momentum.
The consultancy says it estimates there were 178,000 light vehicle sales in the month, up 5.3 per cent from a weak June last year.
It says however that sales for the month are still down notably from previous highs for the month, including volumes above 200,000 a month in 2017 and 2018.
The June sales figure also projects to a seasonally adjusted annual rate of 1.81 million units, the lowest so far this year.
DesRosiers managing partner Andrew King says in a statement that the sales total shows continued slowing momentum in recent months compared with a strong start to the year.
The consultancy says economic concerns over a trade war with the U.S., along with rising unemployment and declining GDP, mean the market performance was about as good as could be expected.
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This report by The Canadian Press was first published July 3, 2025.
