Following a benchmark November, Canada dealers sold fewer light vehicles in December, but still set a record for the year
Despite announcements of temporary plant shutdowns and shift reductions, North American production still is expected to rise in Q1-2017.
After a record 2016 performance, market uncertainty has prompted automakers to move output from December into January-March, giving them more wiggle room to meet market demands.
An indicator of where much of the December incentive push was focused was the somewhat better results in cars when compared with the first 11 months of 2016.
(UPDATE FINAL) U.S. automakers sold 17.465 million light vehicles in 2016, besting the previous record, set in 2015, by 0.4%.
Positive results were seen in many countries for the first time in months.
There’s good chance automakers propel December above expectations by boosting incentives and advertising during the holiday period.
Increases in both car (+3.1%) and light-truck (+3.8%) output brought the region to a best-ever November total.
Class 8 sales down 20.4% with each truck maker posting large losses.