Canada’s Auto Sales Fell 7% In December
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Canada's automotive sales fell 7.3% year-over-year in December, with 126,000 vehicles sold, indicating a slowing economy. The decline is attributed to rising vehicle prices due to U.S. tariffs and a tough comparison with December 2024, which saw a rush in electric vehicle purchases before a government incentive expired. Despite the drop in December, total auto sales for 2025 were up 2% compared to 2024, totaling 1.9 million vehicles, but sales remain flat relative to population growth since 2017.
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