The Ford brand began 2015 where it left off in 2014: as Canada’s best-selling auto brand. Blue Oval car sales plunged 26%, an extreme example of an overarching trend in the Canadian market, but a rising F-Series lifts all boats. (Read More…)
Fiat 500 sales plunged to an all-time low in Canada in January 2015, falling 69% to just 148 units. To be honest, 500 sales were lower in Canada on one occasion. In February 2011, only nine were sold. Then again, the 500 didn’t truly began to trickle into dealers until the following month.
Canadian sales of the 500 were at their strongest in 2012, when volume increased on a year-over-year basis every month and the 500 twice crested the four-digit barrier. In fact, the Fiat 500 ranked among Canada’s 20 best-selling cars in both March and April of 2012. (Read More…)
FCA US’ Windsor Assembly Plant is about to undergo the most extensive renovation since the 1980s, all to ready the plant for the automaker’s new minivan.
The Nissan Micra has officially lost its title as “Canada’s Least Expensive New Car”. Now, the cheapest new car is now the Hyundai Accent.
On the back of a record year for auto sales, the Honda Civic hung on to its Canadian sales crown for the 17th straight year.
Not long ago, Canada was, according to ex-GM CEO Dan Akerson, the most expensive place in the world to build a car. A strong Canadian dollar meant that the cars and crossovers built at GM’s plants in Oshawa and Ingersoll, Ontario, weren’t as profitable as those built in the US or Mexico, where labor costs were significantly lower.
But even a newly weakened Canadian dollar isn’t going to save Oshawa.
The margins were slim: only 259 units separated Chrysler Group’s five brands from the Ford Motor Company; only 301 stood between the Chrysler Group and General Motors. But these are celebratory moments for an automaker which owns 15.6% of the Canadian market. Chrysler Group’s market share in its “home” U.S. market stands at 12.6% through the first ten months of 2014. (Read More…)