Canada January 2024: Subaru (+85.6%), Honda (+57.9%) impress in solid market

Subaru Crosstrek sales climb up 140.8% in January.

According to data by local consultancy DesRosiers Automotive, the Canadian new light vehicle market is up a very solid 14.9% year-on-year in January to 112,862 units. This is higher than pre-pandemic January 2020 (110,470). Notably the seasonally adjusted annualised rate of sales (SAAR) stands at 2.06 million, passing the 2 million milestone for the first time since February 2020. Among groups still reporting monthly figures, Toyota Motor (+20.7%) is in excellent shape as is Honda Canada (+43.3%) with Hyundai-Kia (+11%) a little shy. Brand-wise, Subaru (+85.6%) posts the largest gain, with Honda (+57.9%), Mazda (+42.4%), Toyota (+29.1%) and Kia (+23.9%) also very strong.

As for models with monthly results available, the Toyota RAV4 (+37.4%) and Honda CR-V (+72.2%) fare splendidly, but the Subaru Crosstrek (+140.8%) posts the best improvement near the top, with the Subaru Forester (+139.4%), Toyota Tundra (+112.3%) and Kia Sportage (+107.2%) also more than doubling their sales year-on-year. Notice also the Toyota Corolla (+43.1%), Hyundai Kona (+52%), Honda Civic (+43.7%), Kia Seltos (+75.4%) and Mazda CX-5 (+47.3%) all excelling.

Previous post: Canada Full Year 2023: Ford F-Series #1 for 15th straight year, Toyota RAV4 threatens Ram Pickup for #2

One year ago: Canada January 2023: Lexus, Kia shine in market up 7.5%

Full January 2024 sales for selected groups, brands and models below.

Canada January 2024 – groups:

Group Jan-24 /23
Toyota Motor Co. 15,526 + 20.7%
Hyundai-Kia 13,986 + 11.0%
Honda Canada 8,165 + 43.3%
Subaru 5,675 + 85.6%
Mazda 4,474 + 42.4%
Volvo Cars Canada 593 – 19.5%

Canada January 2024 – brands:

Toyota 13,653 + 29.1%
Honda 7,455 + 57.9%
Hyundai 7,061 + 0.7%
Kia 6,523 + 23.9%
Subaru 5,675 + 85.6%
Mazda 4,474 + 42.4%
Lexus 1,873 – 18.0%
Acura 710 – 27.4%
Volvo 593 – 19.5%
Genesis 402 + 22.6%
Model Jan-24 /23
Toyota RAV4 5,071 + 37.4%
Honda CR-V 3,061 + 72.2%
Toyota Corolla 2,256 + 43.1%
Hyundai Kona 2,172 + 52.0%
Subaru Crosstrek 2,165 + 140.8%
Honda Civic 1,759 + 43.7%
Kia Seltos 1,726 + 75.4%
Mazda CX-5 1,610 + 47.3%
Kia Sportage 1,608 + 107.2%
Subaru Forester 1,391 + 139.4%
Subaru Outback 1,374 + 65.5%
Hyundai Tucson 1,345 – 3.7%
Hyundai Elantra 1,331 – 13.2%
Honda HR-V 1,250 + 64.5%
Toyota Tundra 1,119 + 112.3%
Mazda CX-30 1,058 + 24.5%
Toyota Corolla Cross 1,053 + 30.5%
Kia Forte 762 – 34.5%
Mazda3 736 + 28.0%
Toyota Prius 688 + 782.1%
Lexus NX 670 – 27.1%
Toyota Highlander 610 – 60.6%
Hyundai Venue 605 – 12.2%
Mazda CX-50 596 + 173.4%
Lexus RX 586 – 33.6%
Toyota Grand Highlander 582 new
Honda Pilot 483 + 85.1%
Toyota bZ4X 441 + 108.0%
Kia EV6 438 + 484.0%
Toyota 4Runner 437 + 31.2%
Mazda CX-90 434 new
Toyota Sienna 432 + 84.6%
Hyundai Ioniq 5 399 + 36.2%
Kia Sorento 388 – 36.7%
Kia Carnival 382 + 28.6%
Hyundai Santa Fe 376 – 46.1%
Kia Niro 360 n/a
Kia Rio 358 – 22.7%
Acura RDX 316 – 37.2%
Honda Odyssey 313 + 6.1%
Hyundai Palisade 309 – 44.4%
Acura MDX 303 – 2.3%
Hyundai Ioniq 6 294 new
Genesis GV70 290 + 79.0%
Subaru WRX 288 + 54.8%
Toyota Camry 278 – 33.7%
Toyota Venza 261 + 128.9%
Kia Telluride 254 – 19.6%
Toyota Tacoma 247 – 73.7%
Honda Accord 236 + 4620.0%
Hyundai Santa Cruz 216 – 29.6%
Lexus UX 211 + 39.7%
Lexus TX 203 new
Honda Ridgeline 199 – 7.4%
Subaru Ascent 193 – 27.7%
Kia Soul 175 – 60.7%
Honda Passport 154 – 15.4%
Subaru Impreza 137 – 21.7%
Subaru Solterra 93 + 13.4%
Toyota Crown 74 new
Lexus IS 68 – 48.9%
Lexus ES 59 – 31.4%
Toyota Sequoia 53 + 103.8%
Kia EV9 50 new
Acura TLX 47 – 63.3%
Genesis GV80 44 – 37.1%
Acura Integra 43 + 38.7%
Genesis G70 35 – 23.9%
Toyota Land Cruiser 33 – 10.8%
Lexus LX 31 + 40.9%
Lexus RZ 29 new
Mazda MX-30 27 + 17.4%
Subaru BRZ 24 + 84.6%
Genesis GV60 21 + 40.0%
Toyota Supra 16 + 6.7%
Kia K5 15 – 86.2%
Hyundai Sonata 14 – 87.6%
Mazda MX-5 Miata 12 – 73.9%
Genesis G80 11 – 64.5%
Subaru Legacy 10 – 60.0%
Kia Stinger 7 – 68.2%
Lexus GX 5 – 94.0%
Lexus RC 5 + 150.0%
Lexus LC 3 + 50.0%
Lexus LS 3 – 25.0%
Toyota 86 2 – 84.6%
Acura ILX 1 – 83.3%
Genesis G90 1 – 75.0%
Mazda CX-9 1 – 99.7%

Source: Manufacturers

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