Canada Auto Market Size 2001 – 2010


Compared with their American counterparts, Canadians prefer their cars slightly smaller, mainly because cars in Canada are slightly more expensive but also because fuel costs in Canada are slightly more expensive. Other than that, there are very few differences from one market to the other: basically exaggerated tendencies toward smaller cars as fuel prices rise and a greater likelihood of buying cheaper automobiles when the global economy struggles to grow.

Sales Stats covering the size of the Canadian new car market over the last decade reveal a peak in 2002 and a record drop in 2009. 2010 offered up a pronounced recovery, but the market isn’t even back to 2008 levels, let alone 2007 or 2002 levels.

It may surprise you to learn that pickup truck sales are incredibly strong in Canada. Among passenger cars, yes, Canadians will without fail buy more compacts than midsize. But “light trucks”, a category which includes minivans, SUVs, and many crossovers, formed a huge portion of the Canadian new vehicle market in 2010. Approximately one out of every sixteen new vehicles sold in Canada in 2010 was a Ford F-Series truck. Reflecting the percentage of light truck sales in the Graph below is the blue line, a line which accelerated rapidly in 2009 and 2010 in unison with the upward climb of incentives on trucks and SUVs.

Related From GoodCarBadCar.net
Canada Auto Sales By Brand – 2010 Year End
Canada New Vehicle Market Share By Brand – 2010 Year End
U.S. Auto Market Size: 2001-2010