Canada - Automotive Sales volume, 2023
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Flash report, Automotive sales volume, 2023
Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Flash report, December 2023
Jan 5, 2024
*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.
On January 3, DesRosiers Automotive Consultants announced that the Canadian automotive market had the largest yearly sales increase since 1997, bolstered by improved vehicle supply, especially in H2 2023, and pent-up demand, from the million units of “lost sales” from 2020-22, that was strong enough to overcome high interest rates and economic worries.
With strong December sales at an estimated 120,698 units (up 10.7% from the same month in 2022) the market has now seen 14 consecutive months of YoY growth – with sales up across all provinces.
Final sales for 2023 from reporting manufacturers came in at 1.664 million units in 2023, up 11.8% from the 1.489 million units sold in 2022.
Sales of light trucks continued to increase over passenger cars, with trucks reaching a record market share of 85.8% for the year.
The fourth quarter was particularly robust with sales up 17.2% and the SAAR regularly tracking at levels near or above 1.8 million units.
As of December 13, Scotiabank expected 1.71 million annual auto sales in 2024 and 1.785 million annual auto sales in 2025.
Canada - Sales of new vehicles by type
| Dec. 2023 | Dec. 2022 | Y-o-Y | Jan.-Dec. 2023 |
Jan.-Dec. 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 | 120,698 | 109,070 | 10.7% | 1,664,000 | 1,489,000 | 11.8% |
・The data includes estimates.
Flash report, November 2023
Dec 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 20.7% in November, with YTD sales surpassing 2022 totals
On December 4, DesRosiers Automotive Consultants announced that Canadian car sales in November, estimated from reporting OEMs came in at an estimated 138,747 units, up 20.7% from the same month in 2022.
November was the thirteenth straight month of 2023 with over year gains, as well as the largest percentage gain seen so far in 2023, although it was still below the pre-pandemic November market of 143,315 in 2019.
The SAAR for the November came in at 1.82 million, the highest it has been since March 2021.
Canadian year-to-date sales have already surpassed full-year 2022 sales of 1.49 million units, with December still to come.
As of November 8, Scotiabank expected 1.63 million annual auto sales in 2023 and 1.71 million annual auto sales in 2024.
| Nov. 2023 | Nov. 2022 | Y-o-Y | |
|---|---|---|---|
| Passenger cars | N/A | N/A | -% |
| Light Trucks (Pickup Truck, SUV) | N/A | N/A | -% |
| Total | 138,747 | 114,966 | 20.7% |
Flash report, October 2023
Nov 6, 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 20.0% in October, marking 12 months of consecutive increases
On November 2, DesRosiers Automotive Consultants announced that Canadian car sales in October, estimated from reporting OEMs came in at 145,957 units, up 20.0% from the same month in 2022.
For comparison sake, sales in October 2022 were quite weak, a situation brought on by vehicle model availability affected by supply chain issues that had made it the worst October since 2009.
However, this October’s results have now made it 12 consecutive months of sales increases compared to the previous year, prompting Andrew King, Managing Partner of DAC to note that “The market has been on a tear the last 3 months with gains close to 20% each month.”
The SAAR for October came in at 1.79 million – the strongest monthly number since January.
As of October 17, Scotiabank revised down its full-year 2023 forecast for Canada from 1.67 million to 1.63 million units and its 2024 forecast from 1.75 million to 1.71 million units from its August 14 forecast.
This is attributed the pace of auto sales has slowed from the recent peak in late spring and early summer as rising vehicle prices and elevated financing rates continue to weigh on vehicle affordability.
| Oct. 2023 | Oct. 2022 | Y-o-Y | |
|---|---|---|---|
| Passenger cars | N/A | N/A | -% |
| Light Trucks (Pickup Truck, SUV) | N/A | N/A | -% |
| Total | 145,957 | 121,653 | 20.0% |
Flash report, September 2023
Oct 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 19.0% in September, Q3 and YTD figures higher
On October 4, DesRosiers Automotive Consultants announced that Canadian sales in September came in at 155,259 units, up 19.0% from the same month in 2022 and higher than the 18.3% gain in August.
Andrew King, Managing Partner of DAC, commented “improved vehicle availability is making a real impact on the market, allowing pent-up demand to be released and easily outweighing any down-drafts from high interest rates and a weak economic environment.”
The SAAR for September was 1.77 million, the highest this year since January.
For the third quarter of 2023 among major corporations, GM sales were up 12.4%, Toyota was up 20.4%, Honda was up 31.7%, Nissan was up 36.6%, and the VW was up 7.9%, while FCA was the only one showing negative numbers, down 0.6%.
Similarly for year-to-date figures, GM sales were up 14.6%, Toyota was up 5.8%, Honda was up 19.2%, Nissan was up 17.1%, and the VW was up 14.6%, with FCA down 1.2% from the same period in 2022.
| Sep. 2023 | Sep. 2022 | Y-o-Y | Jan.-Sep. 2023 |
Jan.-Sep. 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 |
155,259
|
130,421
|
19.0%
|
1,258,898
|
1,143,311
|
10.1%
|
・The data includes estimates.
Sales of passenger cars and light commercial vehicles
| Maker/Brand | 2023 | 2022 | Y-o-Y | 2023 | 2022 | Y-o-Y | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Jul.-Sep. | Share | Jul.-Sep. | Share | Jan.-Sep. | Share | Jan.-Sep. | Share | |||
| General Motors |
69,788
|
15.7%
|
62,075
|
16.0%
|
12.4%
|
197,349
|
15.7%
|
172,279
|
15.1%
|
14.6%
|
| Toyota |
53,118
|
11.9%
|
44,220
|
11.4%
|
20.1%
|
144,401
|
11.5%
|
136,508
|
11.9%
|
5.8%
|
| FCA |
40,716
|
9.1%
|
40,958
|
10.6%
|
-0.6%
|
129,183
|
10.3%
|
130,729
|
11.4%
|
-1.2%
|
| Honda |
33,130
|
7.4%
|
24,836
|
6.4%
|
33.4%
|
85,469
|
6.8%
|
70,827
|
6.2%
|
20.7%
|
| Hyundai |
32,124
|
7.2%
|
27,472
|
7.1%
|
16.9%
|
87,720
|
7.0%
|
87,754
|
7.7%
|
0.0%
|
| Kia |
23,390
|
5.2%
|
17,322
|
4.5%
|
35.0%
|
66,339
|
5.3%
|
50,473
|
4.4%
|
31.4%
|
| Nissan |
20,914
|
4.7%
|
15,283
|
3.9%
|
36.8%
|
65,331
|
5.2%
|
55,807
|
4.9%
|
17.1%
|
| Mazda |
15,518
|
3.5%
|
13,700
|
3.5%
|
13.3%
|
43,783
|
3.5%
|
40,011
|
3.5%
|
9.4%
|
| Volkswagen |
15,481
|
3.5%
|
14,348
|
3.7%
|
7.9%
|
41,754
|
3.3%
|
36,440
|
3.2%
|
14.6%
|
| Subaru |
14,973
|
3.4%
|
10,743
|
2.8%
|
39.4%
|
39,867
|
3.2%
|
32,610
|
2.9%
|
22.3%
|
| Mercedes-Benz |
10,754
|
2.4%
|
9,552
|
2.5%
|
12.6%
|
27,663
|
2.2%
|
27,577
|
2.4%
|
0.3%
|
| Audi |
9,522
|
2.1%
|
6,687
|
1.7%
|
42.4%
|
25,908
|
2.1%
|
21,540
|
1.9%
|
20.3%
|
| Mitsubishi |
9,282
|
2.1%
|
3,628
|
0.9%
|
155.8%
|
27,155
|
2.2%
|
16,175
|
1.4%
|
67.9%
|
| BMW |
7,946
|
1.8%
|
6,790
|
1.8%
|
17.0%
|
23,188
|
1.8%
|
20,889
|
1.8%
|
11.0%
|
| Lexus |
7,825
|
1.8%
|
6,405
|
1.7%
|
22.2%
|
24,070
|
1.9%
|
18,520
|
1.6%
|
30.0%
|
| Volvo |
3,445
|
0.8%
|
2,571
|
0.7%
|
34.0%
|
9,101
|
0.7%
|
7,744
|
0.7%
|
17.5%
|
| Acura |
3,140
|
0.7%
|
2,707
|
0.7%
|
16.0%
|
9,095
|
0.7%
|
8,498
|
0.7%
|
7.0%
|
| Land Rover |
1,963
|
0.4%
|
1,421
|
0.4%
|
38.1%
|
5,696
|
0.5%
|
4,005
|
0.4%
|
42.2%
|
| Genesis |
1,766
|
0.4%
|
1,685
|
0.4%
|
4.8%
|
4,973
|
0.4%
|
4,410
|
0.4%
|
12.8%
|
| Infiniti |
1,535
|
0.3%
|
1,155
|
0.3%
|
32.9%
|
4,898
|
0.4%
|
3,965
|
0.3%
|
23.5%
|
| MINI |
1,014
|
0.2%
|
921
|
0.2%
|
10.1%
|
3,342
|
0.3%
|
2,610
|
0.2%
|
28.0%
|
| Jaguar |
250
|
0.1%
|
273
|
0.1%
|
-8.4%
|
813
|
0.1%
|
705
|
0.1%
|
15.3%
|
| Maserati |
214
|
0.0%
|
180
|
0.0%
|
18.9%
|
747
|
0.1%
|
502
|
0.0%
|
48.8%
|
| Ford |
N/A
|
-%
|
N/A
|
-%
|
-%
|
N/A
|
-%
|
N/A
|
-%
|
-%
|
| Porsche |
N/A
|
-%
|
N/A
|
-%
|
-%
|
N/A
|
-%
|
N/A
|
-%
|
-%
|
| Total* |
445,898
|
100.0%
|
387,435
|
100.0%
|
15.1%
|
1,258,898
|
100.0%
|
1,143,311
|
100.0%
|
10.1%
|
Data for Ford and Porsche has not yet been released.
* Data announced by various media reports.
Flash report, August 2023
Sep 7, 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 jump 18.3% in August
On September 6, DesRosiers Automotve Consultants reported that August new light vehicle sales among reporting manufacturers in Canada came at an estimated 149,697 units, up 18.3% from the same month in 2022.
“Fueled by improved vehicle availability and pent-up demand from the 1.1 million ‘lost sales’ that never happened in 2020-2022, the market in August performed strongly,” said Andrew King, Managing Partner of DAC.
While August 2022 was a very weak month for comparative purposes, as supply constraints affected auto production, last month’s sales numbers makes it now ten consecutive months with year-over-year market growth.
The SAAR for August was 1.65 million units, the highest level in 2023 since February and a positive sign of market momentum in Canada.
(from a DesRosiers email on September 6, 2023)
| Aug. 2023 | Aug. 2022 | Y-o-Y | |
|---|---|---|---|
| Passenger cars | N/A | N/A | -% |
| Light Trucks (Pickup Truck, SUV) | N/A | N/A | -% |
| Total | 149,697 | 126,534 | 18.3% |
Flash report, July 2023
Aug 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 8.0% in July
On August 2, DesRosiers Automotive Consultants reported that an estimated 140,942 units were sold in Canada in July, 8.0% more than in July 2022.
July results represented 9 consecutive months of year-over-year sales gains.
Compared to the previous two months, which saw year-over-year sales increase an estimated 12.6% in June and 13.5% in May, July growth was somewhat slower.
The SAAR came in at 1.55 million units in July, a bit lower than the 1.64 million units seen in June.
Scotiabank expects 1.66 mn auto sales in 2023 as rising production eases supply-side constraints and sales further increasing to 1.75 mn in 2024 as inflation comes down and rates pressures ease.
| Jul. 2023 | Jul. 2022 | Y-o-Y | |
|---|---|---|---|
| Passenger cars | N/A | N/A | -% |
| Light Trucks (Pickup Truck, SUV) | N/A | N/A | -% |
| Total | 140,942 | 130,480 | 8.0% |
Flash report, June 2023
Jul 6, 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.
On July 5, DesRosiers Automotive Consultants reported that an estimated 161,901 units were sold in Canada in June, 12.6% more than in June 2022.
June results represented 8 consecutive months of year-over-year sales gains, with double-digit percentage increases coming in the last 2 months.
The SAAR for May came in at 1.64 million in June, the highest level seen since February of this year.
For Q2 2023, sales of new light vehicle (excluding Ford and Porsche which has not yet released data) were up 9.5% from the same period in 2022 to 465,675 units.
GM led the industry with sales of 66,468 units with a gain of 6.3%. Toyota (except Lexus) were down 4.9% in Q2 to 53,979 units. FCA saw a 2.6% sales increase to 48,394 units. Honda outperformed the market with a 49.5% sales increase to 36,140 units. Hyundai sales were down 11.0% in Q2 to 29,907 units. Nissan (except Infiniti) sales were up 28.0% in Q2 to 25,575 units. Kia sales were up 22.7% in Q2 to 22,450 units. Mazda sales were up 26.5% in Q2 to 16,939 units. Subaru sales were up 37.5% in Q2 to 15,354 units while VW sales were up 20.3% to 15,266 units in Q2.
Canada - Sales of new vehicles by type
| Jun. 2023 | Jun. 2022 | Y-o-Y | Jan.-Jun. 2023 |
Jan.-Jun. 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 | 161,901 | 143,773 | 12.6% | 813,000 | 755,876 | 7.6% |
・The data includes estimates.
Sales of passenger cars and light commercial vehicles
| Maker/Brand | 2023 | 2022 | Y-o-Y | 2023 | 2022 | Y-o-Y | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Apr.-Jun. | Share | Apr.-Jun. | Share | Jan.-Jun. | Share | Jan.-Jun. | Share | |||
| General Motors | 66,468 | 14.3% | 62,505 | 14.7% | 6.3% | 127,561 | 15.7% | 110,204 | 14.6% | 15.7% |
| Toyota | 53,979 | 11.6% | 56,765 | 13.3% | -4.9% | 91,283 | 11.2% | 92,288 | 12.2% | -1.1% |
| FCA | 48,394 | 10.4% | 47,184 | 11.1% | 2.6% | 88,467 | 10.9% | 89,771 | 11.9% | -1.5% |
| Honda | 36,140 | 7.8% | 24,174 | 5.7% | 49.5% | 52,339 | 6.4% | 45,991 | 6.1% | 13.8% |
| Hyundai | 29,907 | 6.4% | 33,590 | 7.9% | -11.0% | 55,596 | 6.8% | 60,282 | 8.0% | -7.8% |
| Nissan | 25,575 | 5.5% | 19,984 | 4.7% | 28.0% | 44,417 | 5.5% | 40,524 | 5.4% | 9.6% |
| Kia | 22,450 | 4.8% | 18,304 | 4.3% | 22.7% | 42,949 | 5.3% | 33,151 | 4.4% | 29.6% |
| Mazda | 16,939 | 3.6% | 13,392 | 3.1% | 26.5% | 28,265 | 3.5% | 26,311 | 3.5% | 7.4% |
| Subaru | 15,354 | 3.3% | 11,163 | 2.6% | 37.5% | 24,894 | 3.1% | 21,867 | 2.9% | 13.8% |
| Volkswagen | 15,266 | 3.3% | 12,694 | 3.0% | 20.3% | 26,273 | 3.2% | 22,092 | 2.9% | 18.9% |
| Mitsubishi | 10,409 | 2.2% | 5,854 | 1.4% | 77.8% | 17,873 | 2.2% | 12,547 | 1.7% | 42.4% |
| Audi | 10,279 | 2.2% | 8,128 | 1.9% | 26.5% | 16,386 | 2.0% | 14,853 | 2.0% | 10.3% |
| Mercedes-Benz | 9,077 | 1.9% | 10,091 | 2.4% | -10.0% | 16,909 | 2.1% | 18,025 | 2.4% | -6.2% |
| Lexus | 8,995 | 1.9% | 7,020 | 1.7% | 28.1% | 16,245 | 2.0% | 12,115 | 1.6% | 34.1% |
| BMW | 8,799 | 1.9% | 8,424 | 2.0% | 4.5% | 15,242 | 1.9% | 14,099 | 1.9% | 8.1% |
| Volvo | 3,148 | 0.7% | 3,020 | 0.7% | 4.2% | 5,656 | 0.7% | 5,173 | 0.7% | 9.3% |
| Acura | 3,098 | 0.7% | 2,409 | 0.6% | 28.6% | 5,955 | 0.7% | 5,791 | 0.8% | 2.8% |
| Genesis | 1,885 | 0.4% | 1,858 | 0.4% | 1.5% | 3,207 | 0.4% | 2,725 | 0.4% | 17.7% |
| Land Rover | 1,781 | 0.4% | 1,160 | 0.3% | 53.5% | 3,733 | 0.5% | 2,584 | 0.3% | 44.5% |
| Infiniti | 1,735 | 0.4% | 1,340 | 0.3% | 29.5% | 3,363 | 0.4% | 2,810 | 0.4% | 19.7% |
| MINI | 1,289 | 0.3% | 774 | 0.2% | 66.5% | 2,328 | 0.3% | 1,689 | 0.2% | 37.8% |
| Jaguar | 339 | 0.1% | 231 | 0.1% | 46.8% | 563 | 0.1% | 432 | 0.1% | 30.3% |
| Maserati | 254 | 0.1% | 175 | 0.0% | 45.1% | 533 | 0.1% | 322 | 0.0% | 65.5% |
| Ford | N/A | -% | N/A | -% | -% | N/A | -% | N/A | -% | -% |
| Porsche | N/A | -% | N/A | -% | -% | N/A | -% | N/A | -% | -% |
| Total* | 465,675 | 100.0% | 425,283 | 100.0% | 9.5% | 813,000 | 100.0% | 755,876 | 100.0% | 7.6% |
Data for Ford and Porsche has not yet been released.
* Data announced by various media reports.
Flash report, May 2023
Jun 6, 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 climb 13.5% in May
On June 2, DesRosiers Automotive Consultants reported that an estimated 159,705 units were sold in Canada in May 2023, 10.9% more than the previous month of April 2023, and a hefty 13.5% gain from one year ago in May 2022.
The SAAR for May came in at 1.54 million units, ending a 3-month trend of consecutive declines in the earlier part of 2023, with improved vehicle availability across a broader array of manufacturers.
While historically the strongest sales month of the year, May 2023 sales still show themselves to be 21.3% below the 202,800 units sold in May 2019.
Scotiabank raised its March outlook, forecasting full-year Canadian sales will be 1.7 million units in 2023 and 1.83 million in 2024, respectively.
| May 2023 | May 2022 | Y-o-Y | |
|---|---|---|---|
| Passenger cars | N/A | N/A | -% |
| Light Trucks (Pickup Truck, SUV) | N/A | N/A | -% |
| Total | 159,705 | 140,725 | 13.5% |
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.
| 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% |
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.
| 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% |
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% |
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.
| 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% |
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% |