Canada is the 2nd largest global country with almost 10 million square kilometers, while is only 36th as Population with 34.3 millions citizens, 81% of which are living in urban areas. With a national GDP (purchased power parity) of $ 1.389 trillion Canada is the 15th richest global country. The per-capita income at $ 40.300 in 2011 is the 21st highest. While unemployment rate is at 7.4 (high for this country), inflation at 2.8 and Public Debt is at 83.5% of GDP. The car industry in 2011 was the 11th globally.
the sector is very relevant in the Canadian economy. The 2011 production of 2.134.000 vehicles was the world's 11th. The Domestic market in the 2011, with 1.585.000 units was the world's 11th as well.
November 2013 was again up for Canadian light vehicle market keeping the pace towards the second best year in its history. Although pushing sales with strong year end rebates, Ford posted the worst month of the year, two points of share lower than first half. Jeep shines.
October 2013 was quite positive for the Canadian light vehicle market as sales figures improved 7.3% from year ago putting the sector on track to break Canada's annual auto sales record set more than a decade. Honda has overtaken Chevrolet and Hyundai in the annual ranking.
Canada is one of more stable car market worldwide as total volume, while is a battlefield for a strong daily competition with many brands and models in a short range, a part Ford F-Series, dominator above the competitive arena.
Canadian car market in September 2013 posted the 6th year on year increase in a row with year to date sales up 3.4%. Chevrolet was pulled out by the podium hit by Honda and Hyundai success and seems not able to arrest a smooth declining pathway.
Confirming its position as 10th World's car market, Canadian car market in August grew for the 5th month in a row, with year to date sales up 3.3%. In the battle for third place, Honda prevailed over Chevrolet and Hyundai thanks to Civic overbooking.
Following the positive first half, in July 2013 the Canadian car market was quite positive, growing 7.3% from the previous year. Chevrolet posted an awful month and has lost two places under the attack of Hyundai and Honda.
In June 2013 the Canadian car market kept the pace advancing 1.3% from last year and ending the first half slightly positive. Ford had lost share, while Kia, Jeep and Buick were the winners of the month.
May 2013 was positive again for the Canadian car market, posting a 5.3% increase from last year. Cumulated sales were slightly positive, confirming Canada as World's 10th car market. Ford shared was outstanding while Hyundai advanced in third place.
Strong sales in April for car makers operating in Canada, as the market grew 8.9%, one of the best y.o.y. performances in the last two years. While Ford was stable on top, Toyota improved share at 10.5%, expanding the gap on Chevrolet.
Canadian car market confirms its stable trend, with March sales down only 0.8% from last year and the First Quarter ended down 1.8%. Suzuki announced the decision to stop sales by year end, following same decision taken for US five months ago.
Canadian auto sales dropped a moderate 3.3% in February in a 3rd straight monthly decline. Chrysler Group was the Top seller last month, thanks to strong sales for Dodge and Ram products, while also Chrysler brand was growing (at 1.5% from 1.4%). Toyota Rav4 jumped in 9th place.
Penalized by the comparison with a really strong January 2012, the Canadian car market reported in January a slight 2.1% decrease over last year, unchanging the positive sentiment over it. Honda dropped after a strong Q4 2012.
Breaking 6th y.oy. increasing month, in December the Canadian car market was down 4.9%. However, the full year ended with a 5.8% improvement over the 2011. Thanks to a very strong Civic performance, Honda was 2nd, outpacing Toyota.
Posting the 6th year-on-year increase in a row, the Canadian car market confirmed its momentum with sales up 4.0% in the month and 6.6% year-to-date. In spite of a stable share, Honda gained the 3rd position, outpacing Hyundai and Chevrolet.