TORONTO - Scotiabank says that slower job creation and weaker gains in household wealth will likely contribute to softer Canadian sales of cars and light trucks this year. That would put an end to a five-year string of growth that included a record high 2.04 million vehicles sold in 2017. Scotiabank doesn't forecast much of a pullback in 2018 â?? with projected sales still expected to be above two million units nationally. It expects most of the ...
02-23-2018, 10:00 PM
Canadian auto sales to soften: Scotiabank
TORONTO - Scotiabank says that slower job creation and weaker gains in household wealth will likely contribute to softer Canadian sales of cars and light trucks this year. That would put an end to a five-year string of growth that included a record high 2.04 million vehicles sold in 2017. Scotiabank doesn't forecast much of a pullback in 2018 â?? with projected sales still expected to be above two million units nationally. It expects most of the ...
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