Canada PC + LUV Market Situation in 2016
- The Canadian automotive market (PC + LUV) increased by 2.7% in 2016 to 1.95 million units. For the first time in its history, the Canadian market was close to 2 million units. Registrations of light trucks increased by 9.2%, while passenger car registrations decreased by 8.1%. The Canadian market therefore follows the trend initiated by the US market, where light trucks sales are now largely in the majority. In 2016, vehicle sales in the Canadian market were 66% light trucks and 34% passenger cars (in the United States, 61% of sales of light trucks and 39% of passenger cars).
- Most major manufacturers saw their sales increase in 2016, except FCA, VW and Mazda. The Ford group became the Canadian market leader in 2016 (305,000 units), ahead of FCA (279,000 units), which lost its first place, and GM (267,000 units), which is close to FCA. These three manufacturers are leaders in the field of pick-ups and SUVs, which favoured them last year, in so far as the category of light trucks has significantly increased in 2016.
- As a result, Asian manufacturers such as Toyota (220,000 units), Hyundai-Kia (210,000 units), Honda (187,000 units) and Nissan (134,000 units) are kept at a good distance.
- The Canadian market will surpass the 2 million units (PC + LUV) for the first time in 2017.
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