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Honda (+45.7%), Subaru (+25%) spotlight shy market – Finest Promoting Vehicles Weblog


Honda Pilot sales double year-on-year.

According to estimates by local consultancy DesRosiers Automotive, the Canadian new light vehicle market is up just 2.3% year/year in April to 144,069 units. This is a weak result considering April 2022 was off -13.3% on the year prior. We remain well below the 183,754 sales of pre-pandemic April 2019. The year-to-date volume is also up 2.3% to roughly 492,000 units. However the SAAR (Seasonally Adjusted Annualised Rate of sales) is weak at 1.475 million units, the weakest in 2023 so far, not a good sign for the rest of the year.

Among groups still sharing monthly data, Toyota Motor (-3.5%) and Hyundai-Kia (-3.5%) are both weak unlike a roaring Honda Group (+39.9%). Brand-wise, Toyota (-7%) declines but remains up 1% year-to-date, while Honda (+45.7%) shoots up to over 11,300 sales. Hyundai (-14.9%) is in a rut unlike Kia (+15.5%). Subaru (+25%), Lexus (+21.2%) and Genesis (+17.2%) also impress whereas Mazda (-25.7%), Volvo (-13.6%) and Acura (-7.3%) struggle.

Model-wise, again among ones that have monthly data available, the Toyota RAV4 (+21.3%) is very solid but the performance of the month goes to the Honda CR-V, up 228% year-on-year. It must be said though that the CR-V April 2022 volume was down a drastic -56.2%, so this is catchup sales in essence. The Hyundai Tucson (+23.9%), Toyota Tacoma (+58.2%), Lexus NX (+35.2%), Hyundai Palisade (+74.5%), Subaru Forester (+152.4%) and Honda Pilot (+94.1%) also make themselves noticed. The Honda Civic (-36.3%) tumbles down but retains the #1 Passenger Car title above the Hyundai Elantra (-34.7%) and Toyota Corolla (-47%).

Previous post: Canada March/Q1 2023: Toyota RAV4 (+66.9%), Ford F-Series (+31.7%) shine in market up 5.4% over Q1

One year ago: Canada April 2022: Volvo, Genesis, Hyundai fare well in market down -13.3%

Full April 2023 data for selected groups, brands and models below.

Canada April 2023 – selected groups:

Group Mar-23 /22 2023 /22 FY22
Toyota Motor Co. 19,616 -3.5% 64,170 5.3% 3
Hyundai-Kia 17,977 -3.5% 65,487 7.3% 4
Honda Canada 12,194 39.9% 31,250 -7.9% 6
Mazda 4,459 -25.7% 15,785 -16.6% 9
Subaru 4,318 25.0% 13,858 -2.1% 10
Volvo Cars NA 905 -13.6% 3,413 6.6% 14

Canada April 2023 – brands:

Brand Apr-23 /22 2023 /22 FY22
Toyota 16,555 -7.0% 53,859 1.0% 2
Honda 11,310 45.7% 27,509 -7.0% 5
Hyundai 9,931 -14.9% 35,620 -7.1% 4
Kia 7,364 15.5% 27,863 31.3% 9
Mazda 4,459 -25.7% 15,785 -16.6% 11
Subaru 4,318 25.0% 13,858 -2.1% 13
Lexus 3,061 21.2% 10,311 35.3% 17
Volvo 905 -13.6% 3,413 6.6% 25
Acura 884 -7.3% 3,741 -13.7% 23
Genesis 682 17.2% 2,004 38.3% 28

Canada April 2023 – models:

Note Volvo doesn’t share model detail for Canada.

Model Apr-23 /22 2023 /22 FY22
Toyota RAV4 7,466 21.3% 23,985 49.4% 3
Honda CR-V 5,890 228.0% 11,790 22.5% 7
Hyundai Tucson 2,472 23.9% 8,369 29.9% 14
Mazda CX-5 2,264 -17.6% 5,569 -32.0% 12
Kia Seltos 2,170 -3.0% 7,426 53.1% 17
Honda Civic 2,105 -36.3% 6,105 -40.6% 8
Hyundai Elantra 1,863 -34.7% 7,163 -17.9% 10
Toyota Tacoma 1,830 58.2% 3,757 -13.4% 27
Toyota Corolla 1,824 -47.0% 6,460 -20.7% 6
Hyundai Kona 1,505 -44.4% 6,647 -17.6% 9
Kia Sportage 1,438 5.3% 4,700 53.3% 28
Toyota Highlander 1,426 -14.6% 6,314 3.2% 18
Hyundai Santa Fe 1,245 15.2% 3,608 -5.4% 36
Subaru Outback 1,173 -13.9% 3,723 -7.6% 34
Lexus NX 1,103 35.2% 3,978 75.1% 44
Lexus RX 1,062 2.8% 3,840 16.5% 46
Subaru Crosstrek 1,048 2.0% 3,919 -22.5% 20
Hyundai Venue 1,015 -15.3% 3,703 -0.8% 30
Honda HR-V 949 -21.4% 3,367 -7.3% 35
Kia Forte 846 13.1% 4,260 13.8% 31
Hyundai Palisade 834 74.5% 2,487 1.9% 64
Toyota Tundra 803 8.2% 2,915 -10.1% 32
Subaru Forester 800 152.4% 2,508 10.6% 49
Honda Pilot 796 94.1% 1,937 -0.7% 61
Toyota Corolla Cross 722 13.7% 2,573 18.8% 45
Toyota Camry 719 -33.4% 2,926 14.0% 39
Mazda CX-30 664 -45.4% 3,958 63.3% 58
Mazda3 633 -39.0% 3,154 -23.3% 50
Toyota 4Runner 606 -19.8% 1,564 -40.6% 59
Kia Niro 546 225.0% 714 -9.2% 173
Kia Carnival 540 181.3% 2,302 273.7% 138
Honda Accord 539 0.4% 813 -51.5% 98
Kia Telluride 500 151.3% 1,742 85.3% 103
Honda Odyssey 493 575.3% 1,580 102.6% 124
Kia Sorento 471 -30.2% 2,707 -10.4% 57
Subaru WRX 458 171.0% 889 276.7% 142
Acura RDX 453 22.4% 1,935 -9.6% 83
Mazda CX-9 390 -6.0% 1,370 8.6% 92
Genesis GV70 386 -8.7% 1,082 32.4% 127
Toyota Sienna 371 -49.6% 902 -67.6% 69
Hyundai Santa Cruz 370 -18.1% 1,247 32.4% 100
Kia Rio 340 18.1% 1,508 18.9% 67
Subaru Impreza 314 21.2% 950 -13.5% 133
Hyundai Ioniq 5 300 -47.5% 1,422 -46.3% 80
Honda Ridgeline 278 31.8% 1,032 13.7% 115
Mazda CX-50 277 new 1,015 new 135
Acura MDX 264 12.8% 1,145 -0.3% 95
Honda Passport 260 17.6% 884 21.3% 120
Toyota bZ4X 246 new 947 new 199
Subaru Ascent 240 21.8% 1,056 12.5% 113
Lexus UX 239 94.3% 671 7.2% 150
Kia Soul 219 -12.7% 1,251 -41.6% 82
Hyundai Ioniq 6 211 new 211 new  –
Lexus IS 196 -29.2% 618 2.3% 147
Mazda MX-5 Miata 168 189.7% 511 46.0% 204
Subaru Solterra 159 new 510 new 252
Toyota Crown 140 new 328 new  –
Kia EV6 139 13.9% 506 82.7% 162
Lexus ES 130 -3.7% 379 -16.3% 161
Lexus LX 126 260.0% 284 142.7% 234
Toyota Prius 120 -78.6% 355 -78.2% 88
Subaru BRZ 115 130.0% 202 -30.3% 206
Hyundai Sonata 113 -45.1% 756 -30.4% 125
Acura TLX 101 -58.6% 432 -37.3% 166
Genesis G70 98 34.2% 291 -18.9% 180
Lexus RZ 93 new 177 new  –
Toyota Venza 87 -66.8% 328 -76.8% 94
Genesis GV80 84 29.2% 331 75.1% 185
Lexus GX 84 180.0% 302 202.0% 221
Kia K5 83 7.8% 403 66.5% 187
Kia Stinger 72 38.5% 344 29.3% 202
Genesis G80 70 483.3% 155 142.2% 228
Acura Integra 63 new 202 new 207
Mazda MX-30 63 -12.5% 208 -34.2% 192
Toyota Land Cruiser 60 93.5% 161 15.0% 215
Toyota Supra 51 96.2% 97 131.0% 225
Genesis GV60 43 437.5% 127 1487.5% 218
Toyota 86 42 -62.5% 118 -68.4% 197
Toyota Sequoia 39 680.0% 119 133.3% 251
Lexus RC 18 -21.7% 35 -35.2% 248
Subaru Legacy 11 -85.1% 101 -58.3% 213
Lexus LC 8 -80.0% 16 -80.0% 247
Acura ILX 3 -96.9% 27 -92.2% 216
Hyundai Nexo 3 n/a 7 n/a  –
Toyota Mirai 3 0.0% 8 -65.2% 267
Lexus LS 2 -85.7% 11 -45.0% 271
Genesis G90 1 0.0% 18 50.0% 265

Source: Carmakers, DAC

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