185431 Resource 134987 166389 266847 1191606944809 1321297009414 Controlled Canadian Vehicle Sales

Canadian Vehicle Sales

<p>I read in the Globe and Mail today that the impact of the US sub-prime mortgage meltdown won't have as large an effect on vehicle sales in Canada as it will in the US.&nbsp; It was noted that sales in Canada are expected to decline from roughly 1.65 million units in 2006 to 1.6 million units in 2007.&nbsp; This is far outshawdowed by the drop predicted south of the border.&nbsp; It is anticipated that new vehicle sales will fall from 16.4 million to 15 million during the same time period.&nbsp; Lending in Canada has also been help in check vs. the US.&nbsp; Much of the lose in new business is due to companies tightening up their lending creteria.&nbsp; As a result, fewer buyers are qaulifying for loans on the vehicles they want.&nbsp; It should be interesting to watch how the fall unfolds.&nbsp; </p> <p> </p> <p> </p> 9 application/xml false buying a car in the US buying a used car in Canada Canadian auto loans cross border car buying new vehicle sales sub-prime lending US auto loans used vehicle sales Easy Car Loans. http://www.carloanscanada.com/canada-auto-financing-resources/easy-car-loans-for-bad.aspx <a href="http://www.carloanscanada.com/car-loan-application/" title="Complate a SmartApp Car Loan Application" target="_blank"><img src="http://blog.carloanscanada.com/styles/blogsite/CarLoansCanada/images/smartapp_button.jpg" title="Complate a SmartApp Car Loan Application" border="0"/></a> Mozilla/5.0 (Windows NT 6.1; rv:8.0) Gecko/20100101 Firefox/8.0 127.0.0.1 127.0.0.1 korlando 122.183.241.126 false true false false true 180314 false false true false false false true 134987 blog blogsite/CarLoansCanada/web