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Vehicle registrations, 2022. The total number of road motor vehicles registered in Canada was 26.3 million in 2022, edging up 0.3% from 2021. Light-duty vehicles accounted for 91.7% of total registrations in 2022, with multi-purpose vehicles surpassing passenger cars for the first time as the most common vehicle type in Canada.
Oct 17, 2023 · The number of cars in the world is estimated to be around 1.47 billion vehicles. You might think that the U.S. has the most cars in the world but that trophy actually goes to China, which is one ...
- The Canadian Automotive Industry at A Glance
- Registered Vehicles in Canada
- Canadian Auto Sales Statistics
- Employment Outlook
- The Bottom Line
1. Industry revenue is expected to rise to US$40.1 billion by 2024.
(Source: Statistics Canada, Statista) Additionally, the industry employs 125,000 people directly and another 400,000in dealership networks and aftermarket services.
2. The automotive sector contributes over $19 billion to Canada’s GDP.
(Source: Unifor, Government of Canada) Canada’s entire automotive industry contributes over $19 billion to the country’s GDP. Auto and parts manufacturing in Canadacontributed around $16 billion,according to the data published in August 2020.
3. Canada was the 12th leading vehicle producer in the world in 2019.
(Source: World Population Review, OICA) That’s down to places from 2016, when Canada was tenth. The leader remains unchanged, and there’s little hope that anyone can surpass China when it comes to the number of vehicles produced. The second and third place belong to the United States and Japan, followed by Germany, India, and Mexico.
12. There were 35.7 million registered vehicles in Canada in 2019.
(Source: Statistics Canada) This was a 1.8%rise from 2018and is the largest number recorded so far. Canadian stats point out that while the overall number of registrations is increasing, the number of new vehicles is dropping, even though they’re cheaper to insure. Key takeaway: And yet: Buying a vehicle is the most common reason for taking out a personal loanin the Great White North.
13. There were 23.5 million light-vehicle registrations in Canada in 2019.
(Source: Statistics Canada) Light motor vehicles account for over two-thirdsof all registrations in the country. Passenger cars, light trucks, and vans that weigh less than 4,500 kghad 23.5 millionregistrations in 2019, an increase of 35,000 units or 1.4% from 2018. Now: Canadian industry statistics showthat there are more SUVs, pickup trucks, and minivans than before, as the number of light truck registrations has increased. Registration of trailers rose by 2.5%or 194,000units, and of off-ro...
14. In 2019, Ontario had the highest number of vehicle registrations, 12.8 million.
(Source: Statistics Canada) Canadian auto industry statistics show the number of registered vehicles went up in almost all provinces. Up to 86.5%of registrations were made in Ontario, Quebec, Alberta, and British Columbia, which together accounted for 30.9 millionvehicles. Connected cars are becoming increasingly popular, as the industry continues to embrace internet of thingssolutions. Here’s the scoop: 1. Ontario had the most registered vehicles, 12.8 million, an increase of 2.1% or 267,000...
15. Retail sales for used cars in Canada amounted to $44.55 billion in 2019.
(Source: Statista) The used cars market is huge in Canada, which is evident in the ageing of the vehicle fleet as well as in the numbers. Here are recent used car sales Canada statisticsby year: 1. 2019 – $44.55 billion 2. 2018 – $40.79 billion 3. 2017 – $39.1 billion 4. 2016 – $37.03 billion 5. 2015 – $32.49 billion 6. 2014 – $28.53 billion 7. 2013 – $26.69 billion
16. New vehicle sales reached $79.95 billion in 2019, Canadian auto industry statisticsconfirm.
(Source: Statista, Ibis World) Sales are estimated to have declined by a whopping 18% in 2020because of the pandemic. A decrease at an annualized rate of 0.7%was predicted for the last five years up to 2021,when sales should begin growing again.
17. The automobile wholesale revenue in Canada is expected to reach $67.8 billion in 2021.
(Source: Ibis World, Ibis World) The wholesale 2021revenue for Canadian car partsis expected to amount to $17.5 billion, with a 0.2% growth. When it comes to automobile wholesaling, the revenue should reach $67.8 billion in 2021, with a 6.3% annual growth. The market size in 2020was $64 billion.
22. The average salary in the Canadianautomobile sectoris around $78,000.
(Source: Salary Explorer, CVMA, Unifor) The salaries of Canadian auto workers contributed$8.7 billionto the economy in 2019. As with all industries, salaries vary from job title to job title, ranging from $35,600 to $222,000. For every assembly job in the auto industry, there are nine more in upstream and downstream activities, giving the entire economy new job openings boosts.
23. Assembly workers’ wages are almost 30% higher than the national average.
(Source: Salary Explorer, Unifor) The vast majority of jobs are full time, with hourly wages that are above the averages both in provinces and nationwide. Wages of auto assembly workers are almost one-third higher than the national average. Here’s a list of average salaries in the automotive industry in Canadain 2021: 1. After Sales Automotive Manager – $126,000 2. Alignment Technician – $40,900 3. Auto Damage Adjuster – $47,000 4. Auto Detailer – $48,200 5. Auto Parts Manager – $160,000 6. A...
24. Employment in the automotive industry in Canada in 2020was down by 13% in the third quarter.
(Source: Automotive News Canada) The lockdowns forced many dealerships and assembly plants to lay off part of their workforce. By Q3 2020, employment was still down by almost 13%,but the industry gained back 15,000 jobs. That being said: Compared to 2019, the numbers were down by 18.3%in manufacturing, 16.6%in dealerships, and12.6%in maintenance jobs. The employment for production of parts and accessories was down by 12%,and for jobs in sales of parts and accessories by 10%.
Canadian auto industry statisticsshow the industry is getting back on its feet in 2021. In Q3 2020, one of the leading automotive companies in Canada, Linamar, announced that 94% of workers had returned to the assembly lines. Now: Employment recovery is slow but seems to be definite. Even so, Canadian auto parts suppliers warn that the car and truc...
Oct 17, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024. ... China was one of the markets where passenger vehicle sales bounced back from their 2020 drop, with the country’s 2022 sales ...
Mar 2, 2018 · How many cars are there in the world currently? It is estimated that over 1 billion passenger cars travel the streets and roads of the world today. The 1 billion-unit mark was reached in 2010 for the first time ever. In the United States alone, 268,799,083 "highway" registered vehicles were counted in 2016, of which 192,774,508 passenger
The Covid-19 pandemic substantially impacted car production with a substantial decline in 2020 as manufacturing plants were disrupted and as the demand cratered. By 2017, the number of registered automobiles exceeded 1 billion for the first time, twice 2000 figures and four times 1990 figures.
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Share of final energy use that comes from renewable sources. Share of global primary energy consumption by source. Share of new cars sold that are battery-electric and plug-in hybrid. Share of new cars sold that are electric. Share of new electric cars that are fully battery-electric. Share of primary energy consumption from coal.
