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Published: 09 March 2020

• Registrations
• Canada

The Canadian market (PC+LUV) fell 3.6% in 2019

- The Canadian automobile market (PC + LUV) declined by 3.6% in 2019, to 1.914 million units compared to 1,985 million in 2018 and 2,039 million in 2017. This market has therefore been declining for two years and is moving away from its sales peak sales in 2017.

- The Canadian market already reached a very high motorization rate (nearly 700 cars per 1,000 inhabitants), close to the one recorded in the United States. The Canadian car park is therefore saturated, and current sales are only intended to replace existing vehicles.

- At the same time, Canada sees its automobile production reduced year after year, as some carmakers relocated to the United States or Mexico, thus reminding the situation of Australia a few years ago. The presence of the Canadian automotive industry therefore remains fragile, especially in a global context of declining markets.

- By carmakers, the Ford group remains the first seller on the Canadian market, with a market share of 15%, ahead of GM (13%), Toyota (12%), Fiat-Chrysler (11%), Hyundai-Kia (11%), Honda (10%) and Renault-Nissan (7%), this group being represented in Canada by its Japanese brands Nissan and Infiniti.

- SUVs represent 46% of the Canadian market in 2019, compared to 48% in 2018, but this share, which has fallen slightly year-on-year, remains one of the highest in the world, with the United States (46 % in 2019 compared to 45% in 2018).

    

 

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Published: 09 March 2020

• Registrations
• Mexico

The Mexican market (PC + LUV) declined 7.1% in 2019

- The Mexican car market (PC + LUV) declined by 7.1% in 2019 to 1.32 million units, while it had already decreased by 7.2% in 2018 to 1.42 million units. This market has therefore been declining for two years continuously and at the same rate.

- We therefore observe the same type of scenario as in Canada, but there are however significant differences. First, the motorization rate is twice lower in Mexico than in Canada (nearly 350 cars per 1,000 inhabitants) and therefore the Mexican market theoretically has still significant development potential.

- Then, the Mexican market grew much faster than the Canadian market between 2010 and 2017 (year of sales peak), going from 650,000 to 1,530,000 units over this period (which represents an increase of 135%). During the same period, the Canadian market increased from 1,450,000 to 2,039,000 units (an increase of 40%). The difference in the motorization rate between the two countries may explain this growth gap.

- As a result, the decline in the Mexican market between 2019 and 2017 is much more brutal (-13.5%) than that of the Canadian market (-6%).

- By carmaker, the Renault-Nissan group remains the 2019 leader in Mexico sales (with 23% market share), ahead of GM (16%), Volkswagen (14%), Hyundai-Kia (11%) and Toyota (8 %). The Fiat-Chrysler group is behind (5%).

- SUVs represented 31% of the Mexican market in 2019, compared to 29% in 2018 and 27% in 2017.

    

 

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Published: 09 March 2020

• Registrations
• Renault-Nissan-Avtovaz

The Renault-Nissan-Mitsubishi group drops to the third place in the 2019 world ranking

- The Renault-Nissan-Mitsubishi group has published its sales figures for 2019. Its global sales reached 10.18 million vehicles (PC+LUV), a decline of 5.4% compared to 2018. In 2018, the Franco-Japanese group was the second world vehicle maker behind VW Group by taking into account the heavy utility vehicles, or the first world carmaker by counting passenger cars and light utility vehicles.

- In 2019, the Franco-Japanese group was impacted by the results of the Nissan brand (-8.3% representing a loss of almost 500,000 units) and fell to third place, behind Volkswagen and Toyota (whether with or without the heavy utility vehicles).

- Renault-Nissan-Mitsubishi group sales are broken down as follows:

• 5.18 million units of the Nissan Group,

• 3.75 million of the Renault Group (including 736,570 under Dacia brand and 414,243 under Lada brand)

• 1.25 million of Mitsubishi.

- The breakdown by market:

• Europe remains its largest market, with 2.74 million vehicles, or 27% of its world sales.

• China is its second market, with 1.48 million vehicles, or 15% of its world sales.

• The United States remains its third market, with 1.47 million vehicles, or 15% of its world sales.

• Japan is its fourth market, with 568,000 vehicles, or 6% of its world sales.

These four markets represent 63% of the Renault-Nissan-Mitsubishi group's global sales in 2019.

    

 

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Published: 09 March 2020

• Registrations
• Hyundai-Kia

The Hyundai-Kia group remains the fifth world carmaker in 2019

- The Hyundai-Kia group (Hyundai, Kia, Genesis) sold 7.19 million vehicles (PC + LUV) in the world in 2019, which represents a decrease of 2.8% compared to 2018, in particular due to a loss of 170,000 units on the Chinese market. The Korean group remains the fifth largest carmaker in the world, behind Volkswagen, Toyota, Renault-Nissan-Mitsubishi and GM.

- The gap with GM has actually narrowed sharply last year, as the American group suffered from a drop in sales in China (-27% representing a loss of nearly 800,000 units). As a result, the ex-world number 1 could fall to fifth place in 2020, behind Hyundai-Kia. The coming months will be instructive in this regard.

- Hyundai-Kia group wants to boost its sales in 2020, with an objective of 7.54 million sales (PC + LUV) in the world (divided into 4.58 million Hyundai and 2.96 million Kia), which represents an increase of 4.8% compared to 2019.

- Global sales break down of the Hyundai-Kia groups in 2019 are the following:

• The United States remains its largest market, with 1.325 million units, or 18.5% of its world sales.

• Korea is its second market, with 1,263 million units, or 17.5% of its world sales.

• Europe becomes its third market, with 1.065 million units, or 15% of its world sales.

• China becomes its fourth market, with 1.012 million units, or 14% of its world sales.

- These four markets represent 65% of the Hyundai-Kia group's global sales in 2019.

    

 

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