Canadian auto gross sales climbed to an all-time document excessive in 2013, leaping previous the 1.7-million mark for the primary time since 2002. The trade bettered that complete in 2014, topped 2014’s complete in 2015, and set a brand new document in 2016.
Whereas U.S. auto gross sales proceed to fall, sliding 2 p.c in August and three p.c via the primary two-thirds of 2017, Canadian auto gross sales in August 2017 improved for a fourth consecutive month and the seventh month to date this yr. Furthermore, the enhancements have been something however modest. An 11-percent uptick in Could was adopted up by a 6-percent June improve, a 5-percent July improve, and a 7-percent August rise.
In reality, so robust are Canadian auto gross sales via the primary two-thirds of 2017 that catastrophe would wish to strike within the remaining 4 months of the yr to ensure that 2017 not to be the most effective yr ever for the Canadian auto trade.
Catastrophe seems unlikely.
After exceeding the gross sales complete of 2016’s first eight months by 70,000 items in 2017’s first eight months, automakers competing in Canada want solely promote 545,000 new automobiles within the remaining 4 months of the yr to set one more annual document.
The auto trade generated 615,000 gross sales through the remaining 4 months of 2016.
That signifies that even an 11-percent year-over-year drop in auto gross sales — the sort of decline Canada’s auto trade hasn’t seen because the recession of 2009 — wouldn’t be sufficient to cease the trade from reporting best-ever auto gross sales in 2017. If such a chance appeared remotely seemingly when April quantity slid 2 p.c, the fast progress achieved by the trade over the summer time has all however eradicated such a prospect.
August’s outcomes had been the newest to strongly counsel that Canadians are hungrier than ever for brand new automobiles. Passenger automobile quantity rose marginally; mild truck gross sales jumped 11 p.c to kind 68 p.c of latest car gross sales.
The best-volume August in historical past was made potential largely by a large 29-percent bounce at Basic Motors, equal to six,434 extra gross sales, year-over-year. GM pickup truck quantity shot up 51 p.c to 15,109 items, greater than half of GM Canada’s complete quantity. GM outsold all different automakers in Canada — a daily prevalence south of the border however not an atypical achievement for GM Canada — as common No.1 Ford Motor Firm fell 6 p.c and Fiat Chrysler Vehicles quantity tumbled 9 p.c.
GM was hardly the one excessive achiever in August, nevertheless. Volkswagen quantity jumped 72 p.c because of a tripling of SUV/crossover gross sales, driving the model’s market share up from three.1 p.c in August 2016 to Four.9 p.c in August 2017.
Audi, Infiniti, Jaguar, Kia, Land Rover, Mercedes-Benz, Nissan, and Porsche all reported double-digit share beneficial properties. The Honda model was up 6 p.c on robust Civic gross sales. Regardless of passenger automobile malaise, the Civic is on observe for its 20th consecutive yr as Canada’s best-selling automobile because of a document tempo via the primary eight months of the yr. Complete Toyota quantity rose Eight p.c because the Corolla and RAV4, the automaker’s two high sellers, each reported significant beneficial properties. Mazda additionally reported an Eight-percent rise, Subaru was up practically 10 p.c, and BMW reported Four p.c progress.
That left Acura and Hyundai as the key outliers. Acura gross sales tumbled 21 p.c as gross sales of each mannequin within the lineup save the TLX declined on a year-over-year foundation. Even the crossover duo was down 24 p.c.
Hyundai, in the meantime, reported the model’s 11th decline within the final 12 months — an 11-percent drop attributable to the model’s (more and more much less) high-volume vehicles. The Accent, admittedly approaching a substitute part, joined the Elantra and Sonata in shedding 16 p.c of their August quantity. Santa Fe Sport and Santa Fe XL quantity dipped, as properly. The Tucson’s 67-percent improve was the model’s saving grace.
Prime-tier car strains proceed to exert inordinate management over the Canadian market. The Ford F-Sequence, Ram P/U, Honda Civic, Chevrolet Silverado, GMC Sierra, and Toyota RAV4 — the six best-selling automobiles in August — produced greater than one-quarter of the trade’s gross sales final month. That’s greater than Hyundai, Kia, Mazda, Nissan, and Subaru mixed.
|Auto Model||Aug. 2017||Aug. 2016||% Change||2017 YTD||2016 YTD||% Change|
|Ford Motor Firm||27,286||28,982||-5.9%||215,224||208,595||three.2%|
|Hyundai-Kia Automotive Group||19,696||20,093||-2.Zero%||143,531||150,163||-Four.Four%|
|Fiat Chrysler Vehicles||19,648||21,627||-9.2%||194,689||198,735||-2.Zero%|
Supply: International Automakers Of Canada
[Image: General Motors]
Timothy Cain is a contributing analyst at The Reality About Automobiles and Autofocus.ca and the founder and former editor of GoodCarBadCar.internet. Observe on Twitter @timcaincars.