
The number of new cars, vans, trucks, and buses sold in Canada. It is used as a gauge of the economic outlook, where higher new vehicle sales suggest a stronger domestic demand. The headline figure is the percentage change in New Motor Vehicle Sales compared to the pervious month.
The report also contains seasonally adjusted figures due to the seasonality of vehicle sales. The report is divided into domestic and international sales and provides separate data for the sales of Japanese cars.
Relevance :
Rarely affects markets
Release Schedule : 8:30AM (EST) on the middle of each month
Source of Report : Statistics Canada
Web Address : http://www.statcan.ca/start.html
Address of Release : http://www.statcan.ca/english/Release/index.htm
Refer current year > New motor vehicle sales