Â鶹ӰÊÓ

Skip to main content

DesRosiers says Canadian auto sales dropped 13 per cent in April

Share
TORONTO -

says auto sales were down 13.3 per cent in April compared to the same month a year earlier when the semiconductor shortage first started to significantly hamper sales.

The consultancy estimates that 140,785 new light vehicles sold in the month, barely higher than the 140,460 that sold in March and well off the April sales for 2021.

DesRosiers says the seasonally adjusted annual rate of sales for April came in at 1.44 million for the month, down from the 1.66 million for April a year earlier when sales first plummeted from the adjusted sales 1.92 million in March before supply shortages hit.

Andrew King, managing partner of DesRosiers, says supply issues have dominated the market for the past year with few short-term signs of improvement.

The auto industry has been struggling with computer chip shortages caused by a combination of manufacturing disruptions due to the pandemic and heightened demand for the critical chips in other industries.

Looking back, April 2019 sales came in at about 185,000 units after over a year of demand-related declines in sales.

This report by The Canadian Press was first published May 4, 2022.

CTVNews.ca Top Stories

Police have arrested a Toronto woman in connection with three recent homicides and investigators say that they believe two of the victims may have been 'randomly targeted.'

A teen charged with the murder of another teen on Prince Edward Island last year has pleaded guilty to a lesser charge of manslaughter.

BREAKING

BREAKING

The jury tasked with determining if Canadian musician Jacob Hoggard sexually assaulted a young woman in northeastern Ontario eight years ago began deliberating Friday after nearly two weeks of testimony that saw the singer and his accuser give starkly different accounts of what happened.

BREAKING

BREAKING

A northeastern Ontario jury has started deliberating in Canadian musician Jacob Hoggard's sexual assault trial, we can now tell you what they weren't allowed to hear.

Local Spotlight

Chantal Kreviazuk is set to return to Winnipeg to mark a major milestone in her illustrious musical career.

From the beaches of Cannes to the bustling streets of New York City, a new film by a trio of Manitoba directors has toured the international film festival circuit to much pomp and circumstance.

A husband and wife have been on the road trip of a lifetime and have decided to stop in Saskatchewan for the winter.

The grave of a previously unknown Canadian soldier has been identified as a man from Hayfield, Man. who fought in the First World War.

A group of classic car enthusiasts donated hundreds of blankets to nursing homes in Nova Scotia.

Moving into the second week of October, the eastern half of Canada can expect some brisker fall air to break down from the north

What does New Westminster's təməsew̓txʷ Aquatic and Community Centre have in common with a historic 68,000-seat stadium in Beijing, an NFL stadium and the aquatics venue for the Paris Olympics? They've all been named among the world's most beautiful sports venues for 2024.

The last living member of the legendary Vancouver Asahi baseball team, Kaye Kaminishi, died on Saturday, Sept. 28, surrounded by family. He was 102 years old.

New data from Greater Vancouver and the Fraser Valley shows a surge in supply and drop in demand in the region's historically hot real estate market.

Stay Connected