Canadian auto sales to hit record high in 2017, despite November dip

By Tom Davis Toronto, Ontario — December 13, 2017 — The number of new vehicles sold in Canada in November dipped compared with the same month last year, but the industry is still on pace to top 2 million for the full year for the first time ever in automotive history. Scotiabank’s Global Auto Report […]

Global auto production continued to increase in first half of 2016

The chart above shows global automotive sales outlook for various regions. Image and figures courtesy of Scotiabank.

Toronto, Ontario — July 4, 2016 — The automotive industry is still doing a bang-up business from the global perspective. Worldwide car sales posted another solid advance, climbing 4 percent over the same period in 2016 and continuing the string of strong gains since last September. Western Europe and China led the way, with both […]