2023 August Canadian auto sales rose 5.6% YoY, at 165,000 units, but below pre-pandemic levels.

In August 2023, auto sales in Canada rose by 5.6% year-over-year, with approximately 165,000 units sold, according to DesRosiers Automotive Consultants. Despite this increase, sales remain below pre-pandemic levels. The first seven months of the year saw a 10.5% rise in sales due to improved vehicle supply, but challenges lie ahead, including rising unemployment, declining GDP per capita, and high vehicle prices, making future growth difficult.