Summary
This report is a technical document that provides an analysis of the global automotive market as of June 2025. It outlines the trends in auto sales across Canada, the United States, and globally, detailing month-over-month changes and year-over-year growth. In Canada, auto sales decreased by 3.0% month-over-month in May but showed a 5.0% increase year-over-year. The report discusses the economic context, including GDP growth and household consumption trends, while also addressing the impact of tariffs on the automotive sector. In the United States, auto sales fell by 9.3% month-over-month, with a focus on the effects of recent tariff policies. The report also highlights global auto sales trends, indicating a 1.5% increase in April and providing forecasts for future sales in various regions. The document emphasizes the uncertainty surrounding the automotive market due to tariff implications and economic conditions.
