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
Health Canada recalls multiple Rainbow Road Board books due to choking hazard
Health Canada has issued a recall notice affecting multiple Rainbow Road Board books due to a potential choking hazard.
U.S., India talking about Canada murder, no 'special exemption': Biden adviser
The U.S. is in touch with Indians at high levels after Ottawa said Indian government agents had links to the murder of a Sikh separatist leader in Canada, and Washington is giving India no 'special exemption' in the matter, U.S. national security adviser Jake Sullivan said on Thursday.
Ukrainian President Volodymyr Zelenskyy set to arrive in Ottawa for first visit since war
Ukrainian President Volodymyr Zelenskyy is set to arrive in the national capital for his first official visit to Canada since Russia launched a full-scale invasion in February 2022.
B.C. First Nation research finds 158 child deaths at four facilities
An investigation into unmarked graves and missing children by British Columbia's Sto:lo Nation has revealed at least 158 deaths, most of them at an Indigenous hospital.
Is a 'no-tipping' policy ready to be adopted by Canadian restaurants?
As Canadians report their frustrations with 'out-of-control' tipping culture, some wonder whether it is time to remove the option to tip at restaurants and is it even possible amid rising food costs?
Canadian-founded Rumble slams 'deeply inappropriate' inquiry from U.K. MPs on Russell Brand content
A Canadian-founded video platform which has found success among right-wing commentators says it will not be removing the ability for Russell Brand to monetize videos on their platform after receiving an inquiry on the subject from the U.K. government amid a wave of sexual assault allegations against the comic.
Law firm awarded $4.5 million contract for David Johnston foreign interference probe
A Toronto-based law firm was awarded a nearly $4.5 million contract to work on former special rapporteur David Johnston's ill-fated foreign interference probe.
Man admits to fatally poisoning Toronto toddler's breakfast cereal in 'obsessive' plot against married woman
A Toronto man has admitted to fatal poisoning of a toddler's breakfast cereal at a Scarborough residence in 2021 as part of an "obsessive" plot against a married woman.
'I don't know when we'll go': Travel plans upended amid fraying Canada-India ties
Members of the Indo-Canadian community are reeling after the Indian government suspended visa services for citizens of Canada, upending travel plans for those set on visiting the country but now caught in the crossfire of a diplomatic blowup.
Politics
-
Freeland tables 'affordable housing and groceries' bill, Trudeau calls for all-party backing
Finance Minister Chrystia Freeland has tabled new legislation to implement the promised removal of GST from new rental developments, and to revamp Canada's competition laws, framing the bill as a package that will result in more affordable housing and groceries, eventually.
-
Law firm awarded $4.5 million contract for David Johnston foreign interference probe
A Toronto-based law firm was awarded a nearly $4.5 million contract to work on former special rapporteur David Johnston's ill-fated foreign interference probe.
-
Trudeau seeks India's help on probe of B.C. killing, India says Canada gave no info
Prime Minister Justin Trudeau is calling for India's help to investigate the killing of a Sikh independence activist on Canadian soil, while New Delhi says Canada has provided no information on the case.
Health
-
How to tell if your symptoms are from COVID, a cold or the flu
Telling the difference between a developing case of the flu, a cold or COVID-19 is even more difficult than before, as more distinctive symptoms such as the loss of taste or smell have become less common over time, experts say.
-
Health Canada recalls multiple Rainbow Road Board books due to choking hazard
Health Canada has issued a recall notice affecting multiple Rainbow Road Board books due to a potential choking hazard.
-
FDA says it needs more research before deciding to approve nasal spray to treat dangerous allergies
Federal regulators declined to approve a nasal spray to treat severe allergic reactions late Tuesday, calling for more research on what would have been the first alternative to injections using devices such as an EpiPen.
Sci-Tech
-
In a first, RNA is recovered from extinct Tasmanian tiger
Researchers said on Tuesday they have recovered RNA from the desiccated skin and muscle of a Tasmanian tiger stored since 1891 at a museum in Stockholm.
-
Inside the delicate art of maintaining America's aging nuclear weapons
In an ultra-sterile room at a secure factory in Kansas City, U.S. government technicians refurbish the nation's nuclear warheads. The job is exacting: Each warhead has thousands of springs, gears and copper contacts that must work in conjunction to set off a nuclear explosion.
-
With the ability to track facial gestures, this headset gives the appearance of being able to read a user's mind
With technological advancements in voice command programs, it’s become a new normal for people to speak into their devices to operate their home appliances and gadgets. But a Canadian technology start-up is working on remoting devices without users needing to do anything at all.
Entertainment
-
Kitchener-Waterloo Symphony files for bankruptcy
It comes less than a week after the symphony abruptly cancelled its upcoming season and days after leadership announced they needed to secure $2 million by Friday to avoid insolvency.
-
Sophie Turner sues Joe Jonas for return of their children to England
Sophie Turner and Joe Jonas' divorce is getting complicated. The 'Game of Thrones' star filed a petition in New York City on Thursday requesting Jonas return their children to their home in England, according to court documents obtained by CNN.
-
'Euphoria' star Angus Cloud overdosed on meth, cocaine, fentanyl, coroner says
A Northern California coroner's office says actor Angus Cloud died in July of an overdose of cocaine, fentanyl and other substances.
