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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada New Motor Vehicle Sales fell to 190.2K in June 2026
FMPMonthlyReleased August 2026
Canada New Motor Vehicle Sales fell to 190.2K in June 2026, released August 2026, down 0.4K from May's 190.6K reading. The print exceeded the 160K consensus by 30.2K. New Motor Vehicle Sales has now risen for 5 consecutive months. New Motor Vehicle Sales is now the highest in 12 months.
Latest Release
190.2
Actual
160
Consensus
190.6
Previous
Median Absolute Error
±14.7 thousand
across last 12 releases
Last Call
Aug 2026
Predicted: 186.95
Actual: 190.2
Error: -3.25
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/CAD | ▲ Direct | +0.77 | FOREX | Moves with | → View |
| EUR/USD | ▼ Inverse | −0.62 | FOREX | Moves against | → View |
| AUD/CAD | ▼ Inverse | −0.41 | FOREX | Moves against | → View |
| CAD/JPY | ▼ Inverse | −0.38 | FOREX | Moves against | → View |
| S&P/TSX Composite | ▼ Inverse | −0.37 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
New Motor Vehicle Sales (Canada) was reported at 190 thousand in August 2026. This beat the market consensus of 160 thousand by 30 thousand. The reading fell from the previous value of 191 thousand. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 162 thousand, ranging from 114 thousand to 190 thousand across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 184 thousand, up from the prior three at 131 thousand. Volatility over the past year (σ 23 thousand) is comparable than the prior year (σ 24 thousand). In August readings over the past 3 years, New Motor Vehicle Sales has averaged 179 thousand.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/CAD (Bullish USD). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 15 thousand.
WHAT TO WATCH NEXT
The next release is scheduled for September 15, 2026. Same-country events in the next 14 days include Housing Starts (Sep 16) and New Housing Price Index MoM (Sep 23).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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New Motor Vehicle Sales - CA
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About New Motor Vehicle Sales — Canada
DEFINITION
New Motor Vehicle Sales is a key financial indicator that measures the total number of new cars, trucks, and other motor vehicles sold by dealerships and manufacturers. This indicator is closely monitored by economists, investors, and businesses as it provides valuable insights into consumer spending, economic growth, and the overall health of the automotive industry. Changes in new motor vehicle sales can also impact other sectors, such as manufacturing and retail, making it a crucial metric for assessing the state of the economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 190.2 K, consensus 160 K. Prior reading (Apr 2026): 183.9 K. Before that (Mar 2026): 176.5 K.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/CAD (Bullish USD, r=0.77) — a useful reference for forex-focused traders.
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Economic Calendar - CA Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | CA | Core Inflation Rate MoM | 0.1 | 0.2 | 0.2 | 0.15 | Low |
| 12:30 | CA | Common CPI YoY | 2.6 | 2.7 | 2.7 | 2.65 | High |
| 12:30 | CA | Median CPI YoY | 2 | 2 | 2 | 2.00 | High |
| 12:30 | CA | Inflation Rate MoM | -0.1 | 0.5 | -0.1 | -0.10 | Medium |
| 12:30 | CA | Trimmed CPI YoY | 1.9 | 1.9 | 1.9 | 1.90 | High |
| 12:30 | CA | Capacity Utilization | 80.7 | 82.2 | 82.4 | 81.55 | Low |
| 12:30 | CA | Inflation Rate YoY | 3 | 3 | 3 | 3.00 | High |
| 12:30 | CA | Core Inflation Rate YoY | 2.4 | 2.3 | 2.3 | 2.35 | Medium |
| 12:30 | CA | CPI YoY | 3 | 3 | 3 | 3.00 | Low |
| 12:30 | CA | Manufacturing Sales MoM | -0.4 | 0.1 | -0.2 | -0.32 | Low |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | CA | New Motor Vehicle Sales | 190.2 | 190.1 | 190.10 | Low | |
| 12:30 | CA | Wholesale Sales MoM | -0.6 | 2.8 | -0.6 | -0.47 | Low |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:15 | CA | Housing Starts | 229.1 | 237.5 | 240.65 | Medium | |
| 12:30 | CA | Building Permits MoM | 18.5 | -5.8 | -5.80 | Low | |