Thought the robust Canadian automotive market would finally lose steam in 2017? Think again! Several automakers set new annual sales records in this country, including Cadillac, GMC, Honda, INFINITI, Lexus, Nissan, Mitsubishi, Ram, Subaru and Toyota.
While sales of cars dropped by 3.4% with 639,823 units sold, SUVs and light-duty trucks sold 1,398,975 units in 2017, an increase of 8.7% over the previous year. In rough terms, these last two categories together owned more than twice the market share of automobiles!
Unsurprisingly, Ford (308,474), General Motors (302,826) and Fiat-Chrysler (267,052) were the top-selling companies in Canada in 2017. GM, in fact, saw its sales increase by 13.3% in comparison with 2016. The top 5 list for Canada was rounded out by Toyota (199,782) and Honda (176,951). These were followed by Nissan (134,244), Hyundai (129,696), Kia (76,504), Mazda (74,056) and Volkswagen (69,634).
In terms of luxury vehicles, once again the sales dance was led by Mercedes-Benz (51,930).
Congratulations are in order as well to the companies that recorded the biggest sales jumps in 2017: Genesis (464.5%), Maserati (83.8%), Jaguar (52.3 %), Audi (17.9%), and Volvo (16.4%). The only brands to see their sales decline in Canada over the past year were smart (-80.4%), Hyundai (-6.1%) and FCA (-3.7%).
When it came to specific models, the Honda Civic, to the surprise of no one, was the top-selling passenger car in Canada for the 20th consecutive year. Ford’s F-Series trucks, for their part, also maintained their long-standing position at the front of the pack in their segment: they have led sales for trucks in this country for 52 consecutive years.
What does 2018 have in store for us? Stay tuned for our reports and articles all through the year to keep up to date on all the latest developments!