New light-vehicle gross sales in April have been up 2.3 per cent in contrast with the identical interval final 12 months, however nonetheless under pre-pandemic ranges, at an estimated 144,069 items in contrast with 180,616 in April 2019, in response to DesRosiers Automotive Consultants.
Gross sales in April have been additionally barely under March.
All figures are estimates now that the overwhelming majority of automakers report gross sales on solely a quarterly foundation.
DesRosiers managing associate Andrew King says in a press release that the seasonally adjusted annual price of gross sales for April was 1.48 million items.
King says that is simply the weakest studying thus far in 2023, and a worrying signal for future market growth.
Thus far, 2023 is mirroring 2022 and 2021, the consulting agency says, with the standard automotive spring promoting season failing to materialize.
That is regardless of the auto gross sales market managing to publish six consecutive months of share will increase, year-over-year.
HOW THEY FARED
Honda was the most important particular person gainer among the many handful of automakers that also report month-to-month. Its complete April gross sales totaled 12,194, up 40 per cent, 12 months over 12 months. The Honda model did a lot of the lifting, with gross sales up 45.7 per cent to 11,310. Luxurious Acura gross sales have been down 7.3 per cent to 884.
Toyota noticed its gross sales dip by 3.5 per cent to 19,616. Nonetheless, its luxurious Lexus model had its greatest month ever, promoting 3,061 autos, up 21.1 per cent over a 12 months in the past.
In a information launch, Toyota Canada mentioned it posted record-setting electrified autos in April. Electrical-vehicles accounted for 48.1 per cent of complete gross sales, and “each Toyota and Lexus divisions noticed report electrified car uptake final month,” the automaker mentioned.
Toyota says electrified autos represented 48.2 per cent of all Toyota items bought in April 2023, led by report April gross sales for RAV4 Hybrid, Corolla Hybrid, Highlander Hybrid and Tundra Hybrid. Electrified autos additionally represented 47 per cent of all Lexus items bought in April 2023, with NX Hybrid, NX PHEV and RX Hybrid all setting April gross sales information. Nonetheless, the automaker didn’t present numbers by quantity.
Subaru gross sales have been up 25 per cent to 4,318 in contrast with final April.
The Canadian Press and Greg Layson of Automotive Information Canada contributed to this report.
The report will likely be up to date.