Western Canada drives car sales - Autos - Cars

Strong auto sales in Saskatchewan and Alberta in Canada to increase sales at a time when acquisitions are declining in the United States and Mexico.

In recent years, Alberta has reported record car sales. Saskatchewan, meanwhile, have reported rising sales. According to the country? The report, the two provinces continued to reach the Canadian auto market increased 19 percent, up from the average of 15 percent in the last ten years.

"Rapid sales in Alberta, where employment growth more than 4.5 percent, more than double the national average, and in Saskatchewan are Upholding all Canadian books," said Carlos Gomes, an economist and auto expert with the Bank of Nova Scotia. "It is driven by the West."

In Alberta, the automatic increase of sales were in 2004. This reflects the general boom that has not yet proved by the strongest sales gain of each province to 16.2 percent last year. At the same time, high and rising incomes and employment have increased interest in thriving big-ticket items like cars.

"In Alberta we are only in an environment that is unique? The strength of the economy," said Bill Watkins, president of the Alberta Motor Dealers Association.

Alberta Gomes said that the share of the national automotive market, compared to around ten per cent in 1998-99 and an average of around 12 percent in the last ten years to about 16.6 percent.

Last year, Alberta car and truck sales rose about 11 percent to a record high of 236 000 vehicles. This number is expected to win this year traction. Although sales in Wild Rose Country in the first five months of the year, from January to May, nearly six percent on an annual basis. The volumes are expected to be in the second half of the year, driving annual sales to a record level of 268 000 vehicles, up to 14 percent over the previous year.

Car sales, including the high-end vehicles have been strong for some time in Alberta. Earlier this month reported that the Statistics Canada new car dealers saw their income rise in May but up 12 percent from May 2006 and $ 21.4 percent to 1.4 billion. Spare parts, service and financing, all are strong. Brake pads Canada and other auto parts are also benefiting from the boom.

Vehicle sales are also rising across the country. In the first six months of 2007, Canadian sales rose by six percent, compared with declines of 2.5 percent in Mexico and two percent in the United States, reported Driving.ca.

Gomes noted that Canadian sales have, a boost of something controversial subsidize federal budget measures that the purchase of certain fuel-efficient vehicles. "We estimate that sales of vehicles will benefit from Ottawa's rebate have decreased by almost 90 percent so far this year, single-handedly lifting industry volumes", he added.

Some automakers have criticized the program back a few small cars to the exclusion of all others. Now that the industry has the upswing, sing a new tune by the manufacturer.

The sales strength in Canada comes at a time when the global sales activities are also on the rise, led by China. For the first half of the worldwide sales are estimated to grow by three percent to an annualized volume of more than 53 million vehicles, which purchases in China by 27 percent to top five million. And industry experts predict that the market will grow even more in the coming years.

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