Alberta car dealers struggling as demand evaporates

Demand for new cars has weakened in Alberta as oil prices create uncertain economic conditions.

Demand for new cars has weakened in Alberta as oil prices create uncertain economic conditions. AutoCanada, the largest publicly-traded dealership owner, says that although sales were strong to the end of last year the demand won’t last. AutoCanada has 48 Alberta dealerships and says it has seen a sharp slowdown in recent months. Experts are predicting a 12 per cent drop in new car sales in the province. 

 

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