Canada - Automotive Sales volume, 2023

Flash report, April 2023

May 8, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Canadian auto sales up 2.3% in April
On May 3, DesRosiers Automotive Consultants reported that an estimated 144,069 units were sold in Canada in April 2023, slightly below the March 2023 total and a gain of only 2.3% from April 2022.
The SAAR for April came in at only 1.48 million units, showing itself to be the weakest month so far in 2023 after 6 consecutive months of percentage increases.
It remains to be seen whether April sales represent a trend of stalling sales for 2023, or are at least partially the result of late winter season storms.
Scotiabank anticipates that full-year Canadian sales will be 1.65 million units in 2023 and 1.8 million units in 2024, respectively.

Canada - Sales of new vehicles by type

	Apr. 2023	Apr. 2022	Y-o-Y
Passenger cars	N/A	N/A	-%
Light Trucks (Pickup Truck, SUV)	N/A	N/A	-%
Total	144,069	140,785	2.3%

Source: DesRosiers Automotive Consultants, MarkLines Data Center

Flash report, March 2023

Apr 5, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Canadian auto sales up 3.7% in March, up 5.2% for Q1 2023
On April 4, DesRosiers Automotive Consultants Inc. (DAC) reported that estimated light vehicle sales in Canada of approximately 146,000 units for the month of March were up 3.7% from sales in March 2022.
The SAAR for the month of March was 1.59 million, according to DAC — a steady drop from January’s 1.79-million figure, which was the high-point for the past year. As Andrew King, Managing Partner at DAC observed, “there is a decided lack of momentum.”
For Q1 2023, sales of new light vehicle were up 5.2% from the same period in 2022 to 345,439 units.
GM led the industry with sales of 61,093 units and a robust gain of 28.1%.
Ford similarly outperformed the market with a 9.1% sales increase to 46,962 units.
FCA sales were down 5.9% in Q1 to 40,073 units. Toyota (except Lexus), saw a 5.0% sales increase to 37,304 units.
Honda sales were down 25.8% in Q1 to 16,199 units. Nissan (except Infiniti) sales were down 8.3% in Q1 to 18,842 units. Hyundai sales were down 3.8% in Q1 to 25,689 units.
Among German companies, VW sales were up 17.1% in Q1 to 11,007 units while Audi sales were down 9.2% to 6,107 units in Q1.
Mercedes-Benz sales were down 1.3% in Q1 to 7,832 units. BMW sales were up 13.5% in Q1 to 6,443 units.

Canada - Sales of new vehicles by type

	Mar. 2023	Mar. 2022	Y-o-Y	Jan.-Mar. 2023	Jan.-Mar. 2022	Y-o-Y
Passenger cars	N/A	N/A	-%	N/A	N/A	-%
Light Trucks (Pickup Truck, SUV)	N/A	N/A	-%	N/A	N/A	-%
Total	146,000	N/A	3.7%	345,439	N/A	5.2%

Source: Various media reports, MarkLines Data Center
Data for Porsche has not yet been released.

・The data includes estimates.

Sales of passenger cars and light commercial vehicles

Maker/Brand	2023		2022		Y-o-Y
	Jan.-Mar.	Share	Jan.-Mar.	Share
General Motors	61,093	17.7%	47,699	14.5%	28.1%
Ford	46,962	13.6%	43,061	13.1%	9.1%
FCA	40,073	11.6%	42,587	13.0%	-5.9%
Toyota	37,304	10.8%	35,523	10.8%	5.0%
Hyundai	25,689	7.4%	26,692	8.1%	-3.8%
Kia	20,499	5.9%	14,847	4.5%	38.1%
Nissan	18,842	5.5%	20,540	6.3%	-8.3%
Honda	16,199	4.7%	21,817	6.6%	-25.8%
Mazda	11,326	3.3%	12,919	3.9%	-12.3%
Volkswagen	11,007	3.2%	9,398	2.9%	17.1%
Subaru	9,540	2.8%	10,704	3.3%	-10.9%
Mercedes-Benz	7,832	2.3%	7,934	2.4%	-1.3%
Mitsubishi	7,464	2.2%	6,693	2.0%	11.5%
Lexus	7,250	2.1%	5,095	1.6%	42.3%
BMW	6,443	1.9%	5,675	1.7%	13.5%
Audi	6,107	1.8%	6,725	2.0%	-9.2%
Acura	2,857	0.8%	3,382	1.0%	-15.5%
Volvo	2,508	0.7%	2,153	0.7%	16.5%
Land Rover	1,952	0.6%	1,424	0.4%	37.1%
Infiniti	1,628	0.5%	1,470	0.4%	10.7%
Genesis	1,322	0.4%	867	0.3%	52.5%
MINI	1,039	0.3%	915	0.3%	13.6%
Maserati	279	0.1%	147	0.0%	89.8%
Jaguar	224	0.1%	201	0.1%	11.4%
Porsche	N/A	-%	N/A	-%	-%
Total	345,439	100.0%	328,468	100.0%	5.2%

Source: DesRosiers Automotive Consultant (DAC), Global Automakers of Canada (GAC), Canadian Vehicle Manufacturers' Association (CVMA)

Flash report, February 2023

Mar 3, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Canadian auto sales rise 5.1% in February
On March 2, DesRosiers Automotive Consultants reported that an estimated 103,771 units were sold in Canada in February 2023, a 5.1% increase from the same month in 2022.
February’s gain, however, shows the automotive market achieving year over year gains in four straight months, since November 2022, as the breadth of improved vehicle availability gradually widens, and consumer spending remains resilient.
The SAAR for February came in at 1.70 million units.
Scotiabank anticipates that full-year Canadian sales will be 1.65 million units in 2023 and 1.8 million units in 2024, respectively.

Canada - Sales of new vehicles by type

	Feb. 2023	Feb. 2022	Y-o-Y
Passenger cars	N/A	N/A	-%
Light Trucks (Pickup Truck, SUV)	N/A	N/A	-%
Total	103,771	98,722	5.1%

Source: DesRosiers Automotive Consultants, MarkLines Data Center

Flash report, January 2023

Feb 3, 2023

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Canadian auto sales increase 7.5% in January
On February 2, DesRosiers Automotive Consultants reported that an estimated 98,259 units were sold in Canada in January 2023, up 7.5% from the 91,411 units in the same month in 2022.
DAC noted seeing signs of improved vehicle availability at a growing number of manufacturers, though not all.
The SAAR for January 2023 was 1.79 million units.
The fact that January 2023 was stronger than the year before is welcome news, though January 2022 was the strongest SAAR of any month (at 1.67 million units) of all of last year.

Canada - Sales of new vehicles by type

	Jan. 2023	Jan. 2022	Y-o-Y
Passenger cars	N/A	N/A	-%
Light Trucks (Pickup Truck, SUV)	N/A	N/A	-%
Total	98,259	91,411	7.5%

Source: DesRosiers Automotive Consultants, MarkLines Data Center