GlobalData blog: Can immigration kickstart Canada’s stumbling light vehicle market?

Canadian Light Vehicle (LV) sales in 2023 were considered muted although they achieved 9.2% year-on-year growth. Total sales were 1.7 million units but this was after significant decreases in 2020 and 2022, and well below the 1.9 million to 2.0 million units sold in 2017-2018. This is, unfortunately, one of the catch....

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