Tag: Canada

By on January 23, 2015

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Well, looks like the Mitsubishi Mirage is now available for less than $10,000 CAD. For you Americans out there, that’s roughly $8,000 for a brand new car. And you have two other choices as well.

Hat tip Darin at Mirage Forum.

By on January 15, 2015

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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.

(Read More…)

By on January 6, 2015

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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.

(Read More…)

By on December 10, 2014

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Quebec’s love affair with small, efficient cars is well-known around these parts. And a new government measure will only further enable that, as Quebec is set to raise annual vehicle registration fees based o vehicle’s displacement size.

(Read More…)

By on December 8, 2014
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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.

(Read More…)

By on November 18, 2014

October 2014 YTD Canadian auto brand market shareIn October 2014, for the first time since March of this year, the Chrysler Group outsold all other automobile manufacturers in Canada.

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…)

By on November 11, 2014

2015 chrysler 200Canada’s best-selling midsize car? The Chrysler 200.

At least, that was the case in October 2014, a month in which sales of the 200 jumped 120% to 1800 units. Even with the near-disappearance of the Dodge Avenger, the fraternal twin of the new 200’s predecessor, Chrysler Canada midsize car sales grew 64% last month.

Odd as this may sound for U.S. observers, it’s not completely out of the blue in Canada. Nor did we arrive at this point without an explanation. (Read More…)

By on October 24, 2014

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Today’s Chart comes from J.D. Power, showing the growth of long term loans in the Canadian car market. While 96 month loans are just starting to hit American consumers, the 8 year loan terms have been present in the Great White North for some time. A friend was recently looking at a modestly equipped Big Three Pickup, which would be used for work. The truck, with an MSRP of $35,000 CAD (plus 13 percent sales tax), was offered at 96 months for 3.99%. That would have added up to $6,000 in interest payments over the loan term.

(Read More…)

By on October 22, 2014

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When Daimler begins production of its next-gen Sprinter, quite a few of the vans will be leaving an assembly line somewhere in North America.

(Read More…)

By on October 17, 2014

2015 Hyundai Sonata frontWithout an unexpected drastic downward turn in the final quarter of 2014, Canadian auto sales will reach record levels this year, a strong follow-up to best-ever sales in calendar year 2013.

September 2014 was marked by a collective 13% sales improvement from the overall industry, a gain of nearly 19,000 units compared with September 2013. September also marked Ford Motor Company’s return to the top of the overall sales leaderboard in Canada. Chrysler Group’s five brands haven’t actually led the monthly results since March, but their lead was strong enough to support year-to-date number one status through the end of August.

Both Ford/Lincoln and General Motors outsold the Chrysler Group in September, however, despite a combined 20% year-over-year improvement from Chrysler, Dodge, Jeep, Ram, and Fiat. (Read More…)

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