fbpx

New and Improved Data Report Shows Unique Economic Trends of Canadian Automobile Retail Market

Autosphere » Dealerships » New and Improved Data Report Shows Unique Economic Trends of Canadian Automobile Retail Market
New and Improved Data Report Shows Unique Economic Trends of Canadian Automobile Retail Market. Credit: OpenRoad Auto Group

The Canadian Automobile Dealers Association (CADA) published the newest version of its annual Data Report. Providing up-to-date information and economic data to Canadians is at the core of CADA’s mission, and this report remains the best and most comprehensive way of keeping track of all the important trends, market transformations and industry insights relevant to the automotive retail industry.

This report gives more access to the consumers, public officials, academics and economic experts wishing to learn more about the intricacies and nuances of an industry that employs more than 160,000 Canadians, generates over $28 billion in GDP and $6.3 billion in tax revenue.

This year, CADA expanded the scope of the data and insights provided by this document through enhanced partnerships with important contributors such as Statistics Canada, Canadian Black Book, J.D. Power, DesRosiers Automotive Consultants, NCM Associates and MNP.

Tim Reuss, President and CEO of CADA, underlined this: “Better education of the public on the reality of auto dealerships is dependant on the quality of the information presented. The amazing support we received from our industry partners has allowed us to include more data and more refined analysis in the 2023 Data Report.

Here are some of the numbers included in this report:

Through the 3,457 automobile dealerships in Canada, 1,664,085 new vehicles were sold across the country.
On average, dealerships wrote 8,556 repair orders.
The total amount for service and parts sales was $30.8 billion.
ZEVs new vehicle registrations in Canada reached 10.80% over the last year.
The Data Report is now accessible on CADA’s website at www.cada.ca.

For more details, please contact:
Charles Bernard, Lead Economist, [email protected].

JOBS

 
Mazda Val-David
Senior Financial & Insurance Manager specializing in pre-owned vehicles (1st-2nd-3rd chance at credit) 150K and over
 
  VAL-DAVID
  Full time
 
 
Ville Marie Kia
Secretary / Receptionist - 1 position from noon to 8 p.m.
 
  MONTRÉAL
  Permanent
 
 
Haut Richelieu Volkswagen
Mechanic/Apprentice
 
  ST-JEAN-SUR-RICHELIEU
  Full time
 
 
Drummondville Volkswagen
Mechanic/Apprentice
 
  CENTRE-DU-QUÉBEC
  Full time
 
 
Audi St-Laurent
Follow-ups & Appointments Clerk
 
  SAINT-LAURENT
  Permanent
 

Popular Posts