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setUoYouRPROFILE's blog: "tufui"

created on 08/25/2011  |  http://fubar.com/tufui/b343104

VANCOUVER (Reuters) - Canadian vehicle sales rose again last month after July's slide,longchamp outlet resuming a sporadic recovery as Detroit's Big Three rang up strong sales of smaller, fuel-efficient cars. Even though gasoline prices were high, Canadians bought more light trucks than passenger cars last month, according to independent autos analyst Dennis DesRosiers, part of a trend that highlights an underlying weakness in a market that has yet to rebound fully from the global recession. "Although sales were strong in August they were still below levels achieved between 2005 to 2008, so Canada is still quite far from being a very healthy light vehicle market," DesRosiers said in a note to clients. Auto sales have been volatile this year -- up in August, down in July; up in June and down in May. "This is a very difficult market to predict," DesRosiers said. Overall Canadian car and truck sales rose 3.2 percent in August to 140,361 units. Light truck sales increased 5.8 percent while passenger car sales declined by 0.1 percent. HONDA SLIDES AGAIN Sales at some Japanese automakers, including Honda Canada (7267.T: Quote), slid again in August as they still struggled to find inventory after March's devastating earthquake and tsunami. Others, including Toyota Canada Inc (7203.T: Quote), managed to acquire parts and crank production back to full capacity, finally putting the earthquake impact behind them after months of falling sales. Electric cars began to make their first appearances in Canadian dealerships. Continued...

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