(Bloomberg) -- Canadian automobile sales reached another record high in 2017 led by trucks and SUVs, while passenger cars moved off dealer lots at the slowest pace since 1964.
Light vehicle sales rose 4.6 percent last year to 2.04 million units, the fifth-straight record, according to a report Wednesday by DesRosiers Automotive Consultants Inc. Light truck sales climbed 8.7 percent to 1.4 million and passenger cars fell 3.4 percent to 639,823 units.
Read more about truck sales surging in a slowing U.S. auto market
The year ended on a weaker note, with the latest figure for December being a 1.1 percent decline in sales on the heels of 1.2 percent drop in November.
Ford Motor Co. was the top brand in Canada with sales of 308,474, followed by General Motors Co. at 302,826 units.
--With assistance from Erik Hertzberg
To contact the reporter on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net.
To contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net, Stephen Wicary
©2018 Bloomberg L.P.
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