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How Canadian new vehicle sales fared in 2024

Auto Service World

million units sold in 2023, according to DesRosiers Automotive Consultants. Several key market dynamics stood out over the past year for the consultancy. The growth of SUVs led to a new record for light truck share, with passenger cars falling to only 13.4 million units. Thats an 8.2 per cent increase from the 1.72

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SUVs continue to lead buyer preferences

Auto Service World

Light trucks have extended their domination in the new vehicle market, continuing to account for the vast majority of sales. At the same time, the luxury vehicle market is retreating, according to data from DesRosiers Automotive Consultants. This shift has resulted in light trucks accounting for a dominant 86.4

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Light trucks dominate, passenger cars struggle

Auto Service World

The light truck market continues to thrive in 2025, accounting for 88.1 per cent in the first quarter, driven by strong performances in the SUV, van, and pickup segments, according to DesRosiers Automotive Consultants, highlighting the ongoing shift in consumer preferences towards light trucks and away from traditional passenger cars.

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How big the gap is between truck and car preferences

Auto Service World

Canadian vehicle preferences continued to trend toward light trucks over passenger cars in 2023. DesRosiers Automotive Consultants reported that the light truck segment outperformed passenger cars, with overall truck share breaking the 85 per cent mark for the first time.

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Top picks for Canadian car buyers

Auto Service World

The Honda Civic and Toyota Corolla are the top passenger vehicles in Canada while Ford F-Series and Toyota Rav4 came out on top for light trucks. The results come from rates comparison site Compare the Market and DesRosiers Automotive Consultants. On the light truck side, Ford’s F-Series pickups say a jump of 8.6

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How EV charging is key to fuel retailers’ future profitability

Auto Service World

According to the latest data from the International Energy Agency (IEA), 71 per cent of new passenger cars and 72 per cent of new light-duty trucks and commercial vans in the U.S. Boston Consulting Group has warned that 80 per cent of fuel stations could become unprofitable by 2035 if they do not adapt to meet evolving demands.

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How much new vehicle prices soared

Auto Service World

Data from DesRosiers Automotive Consultants show that the average transaction price for a new light truck or passenger car is $52,900 — up nearly 6 … The post How much new vehicle prices soared appeared first on Auto Service World. Prices paid for new vehicles in Canada have continued to jump so far in 2023.

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