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Hyundai sales are up 10.8% in a market down -12.4% in February. Picture motortrend.com
The Canadian new light vehicle market falls -12.4% year-on-year in February to 98,722 units and down a round -20% on pre-pandemic February 2020, according to estimates by DesRosiers Automotive Consultants. The year-to-date volume stands at 190,133 sales, down -6.6% on the same period a year ago. The Seasonally Adjusted Annualised Rate of sales (SAAR) stands at 1.62 million units, a 12% drop on the 1.84 million units of February 2021.
Looking at groups who still report sales monthly, Hyundai-Kia (+9.3%) takes the lead off Toyota Motor (-15.8%) while Honda Canada (-21.4%) suffers the largest drop. Brand-wise, Toyota (-17.5%) takes a hard hit, whereas Hyundai (+10.8%) is in great shape and defies the market slump, a does sister brand Kia (+6.3%) below Honda (-23.4%). Mazda (-12.1%) matches the market whereas Subaru (+3.8%), Volvo (+2%) and Genesis (+23%) all register year-on-year lifts. Lexus (-1%) and Acura (-5.2%) edge down.
There was no models data at the time of publication.
Previous month: Canada January 2022: Hyundai (+26.9%), Subaru (+24.8%) help tilt market into positive (+0.6%)
One year ago: Canada February 2021: Kia, Hyundai resist in market down -9.9%
Full February 2022 sales data for selected groups and brands below.
Canada February 2022 – groups:
| Group | Feb-22 | /21 | 2022 | /21 | FY21 |
| Hyundai-Kia | 13,590 | 9.3% | 24,833 | 15.3% | 4 |
| Toyota Motor Co. | 11,527 | -15.8% | 23,025 | -9.8% | 2 |
| Honda Canada | 7,233 | -21.4% | 14,611 | -7.7% | 6 |
| Mazda | 3,616 | -12.1% | 7,109 | -12.8% | 9 |
| Subaru | 3,347 | 3.9% | 6,657 | 13.3% | 10 |
| Volvo Cars NA | 701 | 2.0% | 1,276 | 4.1% | 14 |
Canada February 2022 – brands:
| Brand | Feb-22 | /21 | 2022 | /21 | FY21 |
| Toyota | 10,182 | -17.5% | 20,431 | -11.0% | 2 |
| Hyundai | 8,416 | 10.8% | 15,492 | 17.6% | 4 |
| Honda | 6,253 | -23.4% | 12,739 | -9.6% | 3 |
| Kia | 4,944 | 6.3% | 8,901 | 11.1% | 8 |
| Mazda | 3,616 | -12.1% | 7,109 | -12.8% | 10 |
| Subaru | 3,347 | 3.9% | 6,657 | 13.3% | 13 |
| Lexus | 1,345 | -1.0% | 2,594 | 0.6% | 17 |
| Acura | 980 | -5.2% | 1,872 | 7.4% | 20 |
| Volvo | 701 | 2.0% | 1,276 | 4.1% | 24 |
| Genesis | 230 | 23.0% | 440 | 20.5% | 30 |
Source: Manufacturers, ANDC
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