global economic research auto report carlos gomes 416 866 4735 senior economist industry & commodity market march 29 2007 used vehicle prices soften as demand eases imports lift supply in canada v ehicle sales edged down across north america last month with purchases declining below a year ago the united states and mexico for first time since july us eased to an annualized 16 6 million units february from 7 previous however results were better than expected due 3 yr gain at general motors further double digit increase toyota according gm its retail volumes buoyed by line up of new more fuel efficient light trucks company also increased incentives sequentially nearly 30 contrast both ford daimlerchrysler s chrysler division kept their largely unchanged companies reported lower given recent concerns about sub prime mortgage house 2 existing homes we expect continue weaken coming months part
