UPDATE 1-Toyota’s Canada sales fall in June, GM’s rise

* Toyota’s Canada sales fall 13.8 pct, GM’s rise 15.2 pct

* Ford of Canada takes sales crown in June
(Adds Honda’s June sales numbers)

TORONTO, July 5 (BestGrowthStock) – Toyota Motor Co’s (7203.T: )
Canadian unit said on Monday its June sales were down 13.8
percent from a year earlier, while General Motors Co [GM.UL]said its Canadian sales rose 15.2 percent.

The two automakers have been vying for the top sales spot
in Canada over the past couple of years, but both saw their
numbers eclipsed by Ford of Canada in June. Ford released its
sales data last week and said it had its best Canadian monthly
performance in a decade in June.

Toyota, which has been plagued since September by safety
recalls of more than 10 million vehicles globally, said it sold
16,036 Toyota and Lexus cars, trucks and SUVs in Canada in
June. Sales of Toyota models were down 15.1 percent, while its
luxury Lexus vehicles gained 1.9 percent.

Toyota said on Friday it planned a global recall of 270,000
of its Lexus models and Toyota Crown sedans due to the
possibility that faulty valve springs could cause engines to
stall. [ID:nN02243952]

The recall was the second for the luxury Lexus brand since
the previous Friday, when Toyota told U.S. and Canadian safety
regulators it was halting sales and recalling about 17,000
Lexus HS 250h hybrid sedans due to a possible fuel leak.

The latest recalls follow a safety crisis that was
triggered mainly by the potential of some Toyota vehicles to
accelerate unintentionally.

GM said its June sales were up 15.2 percent to 25,725
vehicles. Car sales fell 19.6 percent, while truck sales surged
48.3 percent.

Including only its core brands — Chevrolet, Buick, GMC and
Cadillac — the automaker said its sales were up 53.5 percent
in the month. GM emerged from bankruptcy protection last July
and is in the midst of restructuring. It has killed off several

Honda Canada (7267.T: ), which generally does not offer the
same big incentives the other automakers have been using to
lure consumers to their showrooms, said on Monday its June
sales fell 14 percent from a year earlier to 11,889 vehicles.

The company’s Honda unit reported a drop of 13 percent,
while sales at its Acura division fell 21 percent.


Late last week, Ford Motor Co (F.N: ) said its Canadian sales
jumped 15.7 percent in June, its best monthly performance in a

The Detroit-based company was the top-selling automaker in
the country in the month. It was the first time in more than 50
years that it led the market for two consecutive quarters.

Ford of Canada said it sold 31,707 vehicles in the month,
with car sales up by 23.3 percent and truck sales up 13.2

Nissan Canada (7201.T: ) said it sold 8.6 percent more
vehicles last month than it did a year earlier.

Nissan said total sales rose 8.6 percent to 8,057 units.
The Nissan brand had its best June ever, selling 7,248
vehicles, or 7.5 percent more than in the same month of 2009,
while the Infiniti nameplate accounted for 809 vehicles sold, a
19 percent increase.

Chrysler Canada reported its June figures on the Canada Day
holiday last Thursday. The company, which emerged from
bankruptcy protection under the control of Italy’s Fiat SpA
(FIA.MI: ), said its sales doubled in June, the seventh straight
month of at least 20 percent growth at the retail level.

Chrysler said it sold to 18,502 vehicles in Canada,
compared with 9,211 in the same month of 2009.

Hyundai Canada (005380.KS: ) said it recorded its second
consecutive month of record sales in May and its 16th straight
month of increases.

The automaker said it sold 12,620 vehicles in the month, up
12.6 percent over a year earlier.
(Reporting by John McCrank; editing by Peter Galloway)

UPDATE 1-Toyota’s Canada sales fall in June, GM’s rise