Auto sales down for eighth consecutive month as May sales fall 1.7%: DesRosiers - BNN Bloomberg
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Article Excerpt
RICHMOND HILL — DesRosiers Automotive Consultants Inc. says auto sales in May were down from a year ago, marking the eighth consecutive month of declining sales.
The firm estimates 184,000 vehicles were sold in the month, down 1.7 per cent from May 2025.
DesRosiers says while Statistics Canada’s latest GDP data indicated a technical recession, the auto industry has already been in a “feels like” recession in recent months.
DesRosiers managing partner Andrew King says while there were hopes that the market may crack the 190,000 barrier for what is traditionally the biggest sales month of the…
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