Vehicle sales rise in May, showing hope for strong summer: DesRosiers
Dodge dealership in Littleton, Colo., on Jan. 20, 2013. (AP / David Zalubowski)
RICHMOND HILL, Ont. -
DesRosiers Automotive Consultants Inc. says May brought hope after several years of disrupted sales patterns, as vehicle sales rose.
The consultancy firm says total light vehicle sales in May were up 13.5 per cent from a year ago.
Sales totalled 159,705 units in May, up 10.9 per cent from April.
However, sales were still 21.0 per cent below pre-pandemic levels.
But the firm says that with the economy proving resilient and a predicted recession not yet in sight, there is optimism that the market could see a stronger summer for sales.
DesRosiers managing partner Andrew King says in a statement that the seasonally adjusted annual rate for May was 1.54 million units, breaking a three-month run of consecutive declines.
This report by The Canadian Press was first published June 2, 2023
CTVNews.ca Top Stories
Nearly half of Canadians have no plans to mark National Day for Truth and Reconciliation
A new survey found that 48 per cent of Canadians say they won’t be taking any specific action to recognize National Day for Truth and Reconciliation.
'Stories of resilience and survival': Indigenous-led tourism is one way to support communities in Canada
A growing number of businesses popping up across Canada are offering unique experiences that invite tourists to dive into the history, language and culture of Indigenous communities.
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
An ethnic Armenian exodus has nearly emptied Nagorno-Karabakh of residents since Azerbaijan attacked and ordered the breakaway region's militants to disarm, the Armenian government said Saturday.
What do Indigenous Peoples across Canada really need and want?
The federal Liberal government has made a lot of promises to Indigenous Peoples. But do those promises line up with what communities on the ground really want and need, or reflect their diversity?
W5
W5 Ferraris worth nearly $1M seized from Edmonton men linked to Pivot Airlines drug-smuggling scandal
Two Edmonton men at the centre of an international cocaine-trafficking scandal that led to the detainment of a Canadian airline crew in the Dominican Republic last year are back in the spotlight. They're facing numerous charges after police seized a pair of stolen Ferraris worth roughly $1 million.
Canada’s greenhouse gas emission up 2.3 per cent from last year due to oil and gas production, cold winter: report
New data from the Canadian Climate Institute shows that emissions from the oil and gas industry and buildings continued to climb in the previous year, undercutting Canada's overall emissions reduction progress.
When Kula needed water to stop wildfire, it got a trickle. Many other U.S. cities are also vulnerable
Hours before devastating fires scorched the historic town of Lahaina on Maui, Kyle Ellison labored to save his rental house in Kula, a rural mountain town 24 miles away, from a different blaze.
The Dianne Feinstein they knew: Women of the Senate remember a tireless fighter and a true friend
When Washington Sen. Patty Murray received a call early Friday morning that Sen. Dianne Feinstein had died, she immediately started calling her fellow female senators.
On the brink of a government shutdown, the Senate tries to approve funding but it's almost too late
The United States is on the brink of a federal government shutdown after hard-right Republicans in Congress rejected a longshot effort to keep offices open as they fight for steep spending cuts and strict border security measures that Democrats and the White House say are too extreme.
Politics
-
Defence minister insists $1B spending reduction is not a budget cut
The country's top soldier and outside experts say that finding almost $1 billion in savings in the Department of National Defence budget will affect the Armed Forces' capabilities, although the defence minister insisted Friday the budget is not being cut.
-
CRTC sets threshold for online streaming services subject to Bill C-11
The Canadian Radio-television and Telecommunications Commission has set a threshold that determines which online streaming services will be subject to new rules arising from the Online Streaming Act, formerly known as Bill C-11.
-
Blinken on Canada-India rift: 'Those responsible must be held accountable'
America's top diplomat is again urging India and Canada to work together on bringing Hardeep Singh Nijjar's killers to justice -- and hopefully forestall a deepening of a serious geopolitical rift between two important allies.
Health
-
Walking just this much more per day can lower your blood pressure: study
A new study finds walking an additional 3,000 steps per day can significantly reduce high blood pressure in older adults with hypertension.
-
Food insecurity among Indigenous kids is a 'public health crisis,' doctors say
Rising food prices have put 'an even bigger burden on families who were struggling before,' said the doctor, who is a member of Lax Kw'alaams First Nation on her father's side and Metis on her mother's side.
-
Some hospitals are bringing back masking - and the general public should consider it this fall too, experts say
Some hospitals are instigating stricter masking rules again amid an uptick in COVID-19 cases, and although we’ve probably seen the end of broad masking mandates, some experts say the general public should also be making more use of this tool in our arsenal of measures to fight illness.
Sci-Tech
-
Scientists have observed antimatter free-falling due to gravity for the first time
For the first time, an international team of scientists have directly observed that antimatter – the mysterious counterpart to ordinary matter – free-falls under gravity, answering a question which has been the subject of endless speculation among the scientific community.
-
Man arrested in killing of Baltimore tech entrepreneur Pava LaPere was released from prison in 2022
The man arrested Thursday in the killing of a Baltimore tech entrepreneur was released from prison last year after serving a shortened sentence for a 2013 rape and was suspected in another rape days before the slaying last week, police said.
-
Endangered red wolf can make it in the wild, but not without `significant' help, study says
The endangered red wolf can survive in the wild, but only with "significant additional management intervention," according to a long-awaited population viability analysis released Friday.
Entertainment
-
An arrest has been made in Tupac Shakur's killing. Here's what we know about the case and the rapper
An arrest has been made in Tupac Shakur's killing, here's what to know about one of the most infamous fatal shootings in hip-hop history.
-
As China censors homegrown feminism, a feminist scholar from Japan is on its bestseller lists
In the last few years, China's government has promoted increasingly conservative social values, encouraging women to focus on raising children. It has cracked down on civil society movements and made laws to drive out foreign influence.
-
Thriving NFL benefits most from Taylor Swift-Travis Kelce relationship
The NFL didn't need a popularity boost before Travis Kelce became enchanted with Taylor Swift. They'll gladly welcome millions of Swifties to watch this love story unfold.
