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Reading: April’s “Tepid” Auto Sales Show 14% Increase Despite 2023’s Low Benchmark
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AutoMart > News > April’s “Tepid” Auto Sales Show 14% Increase Despite 2023’s Low Benchmark
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April’s “Tepid” Auto Sales Show 14% Increase Despite 2023’s Low Benchmark

July 25, 2024 1 Min Read
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In April, automotive sales witnessed a 14% increase compared to the lackluster performance observed in 2023, according to Automotive News Canada. This growth comes as a slight positive turn for an industry that has been grappling with several challenges over the recent years, including supply chain disruptions and changing consumer demands. While the increase indicates a measure of recovery, experts suggest that the industry is still far from robust growth, often describing the upturn as tepid.

Words by: Craig Clowes

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