Update on Canadian CPO vehicle sales
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
CARY, N.C. –
Audi Canada reported its best-ever year for certified pre-owned vehicle sales, selling 6,833 certified units. This marked a 3.1-percent year-over-year increase.
Among other brands sharing Canadian CPO sales results, Volvo Car Canada increase its certified pre-owned sales 39 percent last year, moving 2,324 CPO units.
“In 2016 the Volvo Car brand reported extraordinary growth, with several factors contributing to the success of the certified pre-owned division,” Alexander Lvovich, managing director of Volvo Car Canada, said in a news release. “We have a strong CPO program, quality product available and a committed retailer network; all of these contributing elements have given us the opportunity to introduce new customers to the Volvo Car brand.”
Toyota Canada sold 25,880 certified pre-owned vehicles in 2016, up from 19,475 a year earlier.
Mercedes-Benz Canada moved 12,700 CPO units last year, up 0.3 percent year-over-year. Volkswagen Canada sold 15,340 CPO vehicles in 2016, down from 17,233 a year earlier.
In the U.S., there were 2.64 million CPO sales in 2016, according to Autodata Corp. This marked the sixth straight best-ever sum for this rapidly expanding market.
Subscribe to Auto Remarketing to stay informed and stay ahead.
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
It also beat year-ago figures by 3.5 percent, according to Autodata.
