Finance

Economic and Project Analysis

Posted: April 2019
Car Sales Commentary, 2018
Next due: June 2019

Car Sales Decreased by 9.0% in 2018

The number of new motor vehicles sold in Newfoundland and Labrador totalled 30,266 in 2018, representing a decrease of 9.0% compared to the previous year.

The value of car sales and leases was $1,116.1 million in 2018, down 7.0% over 2017.

Canada as a whole recorded a decline of 2.0% in the number of motor vehicles sold in 2018. The value of national car sales increased by 2.1% over the same period.

New Motor Vehicle Sales
Newfoundland and Labrador

New Motor Vehicle Sales, quarterly

Statistical Reference: Statistics used in this analysis were current at the time of writing. For the latest in car sale statistics visit the Newfoundland & Labrador Statistics Agency site.


 
Economic and Project Analysis Division, Department of Finance - (709) 729-3255 - infoera@gov.nl.ca

 
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