Released on July 18, 2011
Saskatchewan is leading the country in new motor vehicle sales, while a new Statistics Canada report shows that the rest of the country is experiencing a decline.
"The cost of a vehicle is a big part of every family budget, but with weekly earnings rising and a bright outlook on the economy, more and more people are feeling secure and visiting their local dealership," Enterprise Minister Jeremy Harrison said. "The goal of a strong economy is a great quality of life for our families. Saskatchewan is moving forward and for many the proof is in their driveways."
Seasonally adjusted, Saskatchewan was the only province to see an increase from April 2011 to May 2011, up 1.7 per cent. Nationally, sales declined on average by 6.1 per cent.
In May 2011, Saskatchewan's new motor vehicle sales were up 11.8 per cent over May 2010, the highest percentage increase among the provinces (seasonally unadjusted), and well above the 3.2 per cent decline recorded on a national basis.
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For more information, contact:
Deb Young
Enterprise Saskatchewan
Regina
Phone: (306) 787-6315
Email: deb.young@enterprisesask.ca