Wednesday, December 24, 2014

Canada Auto Sales Recap: November 2014

TTAC Chart Canada recapCanadians registered more new vehicles in 2013 than any year in the country's auto-buying age. Yet in 2014, that record was very nearly broken in the first eleven months of the year.

Auto sales in Canada through November 2014 rose 5.5%, a gain of 89,000 units compared with the first eleven months of 2013.

Despite a sharp 3.4% decline in the number of passenger cars sold in November, the Canadian auto industry was up 3.6% last month thanks to strong pickup truck volume (up 15% to 25,811 units) and continued improvement in the SUV/crossover category.

The overall passenger car market was let down by sharp decreases from the most popular cars in the country last month. The Honda Civic, Toyota Corolla, Mazda 3, and Volkswagen Jetta – Canada's first, third, fourth, and sixth-best-selling cars – produced 3198 fewer sales this November than in November 2013, a 21% drop. The remainder of Canada's available car nameplates, more than 130 vehicles, generated a 2.8% increase when those four top sellers are excluded.

The Civic's 27% November drop presented an opportunity for the Honda CR-V to surge to the top of the Honda leaderboard. Indeed, the CR-V was Honda Canada's best-selling model in November 2014; Canada's top-selling SUV/crossover, as well. The Ford Escape was thus knocked into second spot on the SUV/crossover best seller list for the first time since December of last year. CR-V sales shot up 56% to 4461 units in November 2014. It ranks third among utility vehicles year-to-date, 15,803 sales back of the Ford Escape; 934 sales behind the Toyota RAV4. All three are primed to break the sales records they set one year ago, as is the fourth-ranked Nissan Rogue, sales of which doubled in November.

18.6% of the new vehicles sold in Canada last month were pickup trucks, up from 16.7% in November 2013. The four top-selling truck nameplates, full-size pickups from Ford, Ram, and General Motors, generated a combined 18.6% year-over-year volume increase to 23,580 units, equal to 91.4% of the overall pickup truck market.

In November and through the first eleven months of 2014, Jeep is Canada's fastest-growing volume brand. Sales at the Chrysler Group's SUV brand jumped 44% in November to 5887 units, 28% of the automaker's total November sales during a month in which Chrysler Canada was the country's largest manufacturer.

Through the end of November, the Chrysler Group (Chrysler, Dodge, Fiat, Jeep, Ram) trails the Ford Motor Company (Ford and Lincoln) by a scant 0.3% difference. By a wide margin, FoMoCo's namesake Ford brand is Canada's best-selling auto brand. Toyota is 94,504 sales back through eleven months. Among premium brands, Mercedes-Benz outsold BMW by 447 units in November, enough to spread the year-to-date gap to 772 sales. Audi, which has reported an 18.5% year-to-date sales improvement and jumped 30.5% in November, is Canada's third-ranked premium brand.

Audi is one of 16 brands which sold more vehicles in the first eleven months of 2014 than in all of 2013. Nissan and Ram are the biggest brands to shoot past their 2013 sales levels with at least one month remaining in 2014.

Timothy Cain is the founder of GoodCarBadCar.net, which obsesses over the free and frequent publication of U.S. and Canadian auto sales figures.

The post Canada Auto Sales Recap: November 2014 appeared first on The Truth About Cars.



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