In Canada, trucks offset sliding cars

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March 3, 2014 – 3:18 pm ET — Up to date: 3/3/14 4:46 pm ET – new story

TORONTO (Reuters) — Record-setting truck income in Canada aided offset weaker demand for vehicles in February, automakers said nowadays, as Chrysler Canada reported a 10 % jump in month to month income.

Canadian auto sales nudged just .3 percent greater as extreme winter climate took a toll. Total revenue rose to 95,639 vehicles, with truck demand increasing 4.6 percent and passenger vehicle volume falling 5.9 %.

Chrysler Canada, a unit of Fiat S.p.A., said sales climbed to 18,522 automobiles from 16,832 in the identical time period last yr, marking its fifty-initial consecutive month of 12 months-in excess of-yr development.

Truck sales soared 16.5 percent to 16,352 automobiles, with record volumes for the Ram pickup, Jeep Wrangler and Chrysler Town & Nation van, the business stated, whilst automobile sales slumped 22 percent to 2,170 automobiles.

Ford Motor Co. of Canada said sales slipped .4 percent in February to sixteen,234 vehicles from 16,301 in the very same period last year. Truck product sales grew 4.3 % to 13,094 vehicles, driven by an 8 percent leap in F-series sales, but automobile sales tumbled % to 3,140 cars in February.

Toyota Canada Inc. mentioned month-to-month income rose 1.5 percent, to 10,942 vehicles, with 12 months-to-date income up 5.8 percent above the same period in 2013.

Toyota-branded car product sales edged up .5 percent, to 9,763, buoyed by a second straight month of record truck sales, the business explained.

Income of Lexus-branded vehicles rose twenty %, to a new February record of 980, even though Scion-branded income fell 19 percent, to 199 for the month.

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