Categories: Canada

November sales up 4% but remain 24% below pre-pandemic numbers

Canada Automobile and Mild-Truck Gross sales, November & YTD

Nov. 2022 Nov. 2021 Nov. % change 11 mos. 2022 11 mos. 2021 10 mos. % change
Acura 709 1,159 -38.8% 10,470 15,251 -31.3%
Honda 7,360 9,291 -20.8% 86,808 122,761 -29.3%
Honda Canada 8,069 10,450 -22.8% 97,278 138,012 -29.5%
Genesis 435 427 1.9% 5,320 4,218 26.1%
Hyundai 8,764 9,840 -10.9% 104,847 119,449 -12.2%
Hyundai Auto Canada 9,199 10,267 -10.4% 110,167 123,667 -10.9%
Kia Canada 6,469 4,095 58.0% 62,792 75,933 -17.3%
Hyundai-Kia Automotive 15,668 14,362 9.1% 172,959 199,600 -13.3%
Subaru 3,881 3,409 13.8% 40,495 53,888 -24.9%
Lexus 2,111 1,589 32.9% 23,084 24,476 -5.7%
Toyota 13,091 12,353 6.0% 163,728 188,738 -13.3%
Toyota Canada 15,202 13,942 9.0% 186,812 213,214 -12.4%

TORONTO — New light-vehicle gross sales in November rose 4.1 per cent in contrast with final 12 months, in line with a report by DesRosiers Automotive Consultants says.

The agency estimates 114,966 mild automobile had been bought final month. That’s up from 110,448 in November 2021.

Nonetheless, DAC famous that gross sales totalled 143,315 in November 2019 earlier than the pandemic struck. That’s a 24.6-per-cent decline.

Month-to-month gross sales figures are estimates now that the overwhelming majority of manufacturers report solely quarterly.

DesRosiers Managing Associate Andrew King says gross sales for the 12 months thus far stand at 1.38 million models, making it doubtless that gross sales for 2022 will end the 12 months beneath 1.5 million.

King says if that occurs it will likely be first 12 months the market has fallen beneath that threshold since 2009.

Among the many manufacturers that also report month-to-month figures, Toyota noticed its gross sales improve 9 per cent, with a 32.9-per-cent surge in luxurious Lexus gross sales. The automaker bought 15,202 autos — Toyota and Lexus, mixed.

Kia gross sales spiked 58 per cent to six,469.

Subaru gross sales had been up 13.8 per cent to three,881. The automaker mentioned its Outback noticed its finest month ever, promoting 1,424 models.

The Subaru Forester, Legacy, and WRX every had their month-to-month gross sales surpass the identical month final 12 months, in line with the automaker. November 2022 additionally marked the primary month that the all-new international electrical Solterra SUV has been out there for buy.

Honda was the largest loser in November, with gross sales down 22.8 per cent to eight,069. Each the Honda and Acura manufacturers had been down, 20.8 per cent and 38.8 per cent, respectively.

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