Cross-border car shopping in overdrive
Wow, we shoulda gone south…
The number of vehicles being bought in the United States by Canadians has exploded since the loonie shot even with the U.S. dollar, new figures show, even as a growing number of carmakers here dangle cash goodies to buyers to prevent cross-border shopping.
Canadians imported 24,873 vehicles north in October alone, according to figures provided this week by the North American Automobile Trade Association, a trade group of vehicle importers and exporters. That’s a 68% increase from September, when the loonie matched the greenback for the first time since 1976.