The Canadian market (PC + LUV) fell by 18.6% in 2020
- The Canadian market for light vehicles (passenger cars - PCs - and light utility vehicles - LUVs) shrank by 18.6% in 2020, due to the coronavirus crisis, which is a poor result as the global market shrank by almost 14%.
- The Canadian market, which had recorded uninterrupted growth between 2009 and 2017, going from 1,500,000 units to 2,000,000 units, suddenly turned around from 2018, and the coronavirus crisis in 2020 only amplified the decline.
- The Canadian market is characterised by a very high motorization rate (nearly 700 cars per 1,000 inhabitants), close to that recorded in the United States. The Canadian vehicle park is therefore saturated, and current sales are only intended to replace existing vehicles.
- Canada has seen its automobile production reduce year after year, due to the relocation of some carmakers to the United States or Mexico. Canada's production volume went from 2.5 million vehicles in 2014 to 2 million in 2018 and 1.5 million in 2020.
- By carmaker, the Ford group (-16.9%) maintains its leading position in the Canadian market, with a stable market share of 15.1%, ahead of the GM groups (-14.9% in sales and 13.8% % of market share), Toyota (-19.7% in sales and 12.2% of market share), Hyundai-Kia (-11.9% in sales and 11.7% of market share), FCA (-19.9% in sales and 11.3% of market share), Honda (-25.7% in sales and 8.8% of market share) and Renault-Nissan (-34.4% in sales and 5.6% of market share).
- SUV sales have grown from 47% of the Canadian market in 2019 to 49% in 2020.
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