The Canadian motor vehicle market witnessed a decline in sales in October 2025, as newly released figures reveal a 3.1% decrease from the previous month of September. Statistics show that new motor vehicle sales leaned back to a total of 163.5K units in October, down from 168.7K units recorded in September.
The month-over-month comparison indicates a shift in market dynamics or consumer sentiments, as the automotive industry records this decline following a previously steady pattern. This downturn in October could reflect fluctuations in consumer spending, increased economic pressures, or seasonal adjustments impacting buyers' decisions.
Although this report, updated on December 12, 2025, marks a notable shift for a typically robust Canadian automotive industry, it remains to be seen whether this dip is a fleeting event or indicative of a more sustained trend as the nation navigates its way through the end of the year. Analysts and stakeholders will be keenly monitoring forward-looking indicators as November and December draw to a close.