Canada Q2 2023: Ram Pickup and Toyota RAV4 at same sales level, market up 10.2%
21,544 Ram Pickups found a new Canadian home in June.
According to local consultancy DesRosiers Automotive, the Canadian new light vehicle market is estimated to climb 12.6% year-on-year in June to 161,901 units. To damper this performance, remember June 2022 was the lowest volume for the month since 2009. The SAAR stands at 1.64 million, the highest since last February and up 13.1% year-on-year. Q2 sales are up 10.2% to 475,000 and H1 registrations up 8.1% to 830,000, however well below the 1.04 million of H1 2018. Note Ford Motor has stopped sharing quarterly data and will now only report annually and therefore is not included in the rankings below.
In the groups ranking over Q2, General Motors advances 6.3% to bypass Toyota Motor (-1.3%) and lead the way, while Hyundai-Kia (+0.9%) and Stellantis (+2.7%) are weak. In contrast Honda Canada (+47.6%) and Nissan/Mitsubishi (+38.8%) rally back up as does the VW Group (+21.6%). The BMW Group (+9.7%) roughly matches the market at #10. Brand-wise, Toyota (-4.9%) is the most popular give the absence of Ford figures but markedly underperforms. Honda (+49.5%) takes off while Chevrolet (+5.6%) and Hyundai (-11%) disappoint. Nissan (+28%) is also in great shape alongside Kia (+22.7%), Mazda (+26.5%), Subaru (+37.5%), Volkswagen (+20.3%) and Mitsubishi (+77.8%). Tesla is estimated to soar 60.2% at #15.
Over in the models aisle, given Ford F-Series volume is unknown, the Ram Pickup (+10.9%) and Toyota RAV4 (+14.7%) battle for first place, and it couldn’t be tighter as the two models report exactly the same sales figure at 21,544! The Ram Pickup leads the way year-to-date by over 3,600 units. The Honda CR-V (+84.4%) follows with a great performance ahead of the GMC Sierra (+10.1%) and the Chevrolet Silverado (-5.4%) rounding out the Top 5. The Honda Civic (+3.3%) is back to #1 Passenger Car at #6 overall, distancing the Toyota Corolla (-26%) at #8 and Hyundai Elantra (-27.2%) at #16. Notice also outstanding results by the Mazda CX-5 (+38%), Nissan Rogue (+53.1%), Mitsubishi Outlander (+137.7%), Subaru Crosstrek (+59.7%) and VW Tiguan (+59.5%).
Previous month: Canada May 2023: Mazda, Honda stand up in market up 13.5%
One year ago: Canada June 2022: Market falls to lowest since 2009
Full Q2 2023 Top 15 groups, Top 42 brands and Top 275 models below.