You get the picture. 2007, however, was a wicked sweet year for automakers in Canada. Some executives had high hopes for 2008, most of which dwindled as the full brunt of the housing crisis struck the USA; an economy that's intricately tied in with the neighbour to the north. So, now that 2008 is in full swing; now that people have seen the excitement of an equal dollar ebb and flow; now that spring has sprung, how are automakers coping?
Let's look at BMW as an example. April of 2008 was the best-ever April for BMW in Canada. 2,310 BMWs exited dealer doors in the first full month of spring. That's a 2.3% increase over the previous April, although first-third sales are down 9.3% from the January-April period of 2007.
BMW's British small car division, Mini, also posted its best-ever April. 456 Minis were sold during the period, a 22.3% increase against last year's April. Both brands' numbers include the benefit of having more models to sell, the Clubman and 1-series to name the most prominent.
And, if there were doubters, even BMW & Mini pre-owned sales rocketed 21 and 50.3%, respectively.
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