Summary
This report is a comprehensive analysis of the global auto sales landscape as of July 2025. It details the performance of Canadian and U.S. auto sales, highlighting a decline in Canadian sales by 3.2% month-over-month, with a total of 1.81 million units sold at a seasonally adjusted annualized rate. The report notes upward revisions in previous months' sales data, indicating stronger demand than initially reported. In contrast, U.S. auto sales experienced a temporary rebound, increasing by 7.1% month-over-month to 16.4 million units, attributed to a pause in tariffs. The report also discusses the broader global context, revealing a 2.7% decline in global auto sales in June, with varying performance across regions. The outlook for vehicle sales in Canada and the U.S. is projected to remain soft through the latter half of 2025, influenced by economic uncertainties and tariff impacts. Overall, the report provides a detailed overview of current trends and future expectations in the automotive sector.
