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.
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.
The Canadian car market momentum continued in October when sales were up 8.0% from last year. Year-to-date increase was 6.9%. Ford was still on top, in spite of losing share. Honda, in 4th, posted a great month gaining 8.5% o share.
In September, the Canadian car market posted 143.143 sales, up 6.4% from last year. Year-to-date sales were 1.306.000 units, up 6.7%. Toyota in 2nd position posted the best share of the year, while Bmw and Mercedes posted a great performance.
The Canadian car market posted in August 149.353 sales, up 6.4% from last year. Year-to-date August sales were 1.163.000 units, up 6.8%. Ford was leading the market, thanks to the outstanding F Series sales, ahead of Toyota.
In July the Canadian car market posted 148.350 sales, up 4.8% from last year. The year to date sales in July were 1.014.264, up 6.8% allowing at the country to join the Top 10 world's club, ahead of Italy, 2 positions better than last year.
June was another positive month for the car market in Canada with 169.641 sales, up 2.9% from last year. Year to date sales through June at 865.914 units were up 7.23% from last year. Ford share at 17.6% remained on the top.
May was a tremendous month for the car market in Canada with 176.040 sales, over 10.000 more than forecast, up 18% from last year. Year to date sales through May at 695.000 units were up 8.3% from last year. Ford had shown reaction after slow start of the year.
April has broken a string of 6 positive months, declining 1.3% with 157.871 sales. Year to date sales through April at 520.233 units were up 5.3% from last year. The month will be remembered as the first for a Korean brand to be on the market podium, thanks to Hyundai surpassing Chevrolet.
Fiat 500, the Italian compact car produced in Mexico entered the Top 20 Models ranking in Canada. It is the first time in the Canadian car industry that an Italian product stands so high in sales. This achievement is a surprise, considering the slow start of this model last year.