In this blog post, we will delve into the latest statistics and trends surrounding the automotive industry in Canada. From production figures to vehicle sales and market share insights, we will provide a comprehensive overview of the state of the Canadian automotive sector. Stay tuned to gain valuable insights into one of the country’s most important industries.
The Latest Canada Automotive Industry Statistics Explained
At the start of 2020, how many motor vehicle assembly plants were in Canada?
In 2020, there were 12 motor vehicle assembly plants operational in Canada.
The statistic reveals that at the beginning of 2020, Canada was home to 12 operational motor vehicle assembly plants. This data point serves as a quantitative measure indicating the presence and scale of the automotive manufacturing industry within the country during that time period. The number of assembly plants can reflect the level of economic activity and employment opportunities in the sector, as these facilities play a crucial role in producing vehicles for domestic consumption and export. Additionally, the statistic hints at the significance of the automotive industry to the Canadian economy, showcasing the country’s role as a manufacturing hub for motor vehicles.
How many vehicles were manufactured in Canada in 2019?
In 2019, Canada manufactured almost 1.9 million vehicles.
The statistic indicates that in 2019, the total number of vehicles manufactured in Canada was nearly 1.9 million. This figure demonstrates the level of production activity in the Canadian automotive industry during that year. The data reflects the significant contribution of vehicle manufacturing to the Canadian economy and illustrates the scale of operations within the industry. Moreover, the statistic serves as a crucial indicator of the country’s manufacturing capabilities and its position in the global automotive market. The substantial number of vehicles produced highlights the importance of this sector to Canada’s economic growth and employment opportunities.
What was the total value of automotive parts exported by Canada in 2019?
In 2019, the total value of automotive parts exported by Canada was 27.5 billion CAD.
In 2019, Canada exported automotive parts worth a total of 27.5 billion CAD. This statistic represents the monetary value of automotive parts that were sold and shipped from Canada to other countries during the year. The export of automotive parts is a significant component of Canada’s economy, contributing to both domestic production and international trade. This figure reflects the demand for Canadian-made automotive parts on the global market, showcasing the country’s strengths in manufacturing and exporting goods in this industry. By understanding the value of automotive parts exports, policymakers and industry stakeholders can assess the competitiveness and performance of Canada’s automotive sector in the global economy.
How much was invested in automotive research and development in Canada in 2018?
In 2018, the automotive sector invested 526 million CAD in research and development in Canada.
In 2018, the Canadian automotive sector made a significant investment of 526 million CAD in research and development activities. This statistic indicates the financial commitment and focus on advancing technology, innovation, and competitiveness within the automotive industry in Canada. Such investments are crucial for driving progress, fostering growth, enhancing product quality, and staying at the forefront of global markets. The substantial financial dedication to research and development in the automotive sector highlights a strategic approach to continuously improve, adapt to changing trends, and maintain a competitive edge within the industry.
What was the size of the auto insurance industry in Canada in 2019?
In 2019, the net premiums written for auto insurance in Canada amounted to approximately 23 billion CAD.
In 2019, the auto insurance industry in Canada had a significant size, with net premiums written totaling around 23 billion CAD. This figure indicates the total amount of premiums collected by insurance companies for auto insurance policies in that year. The size of the auto insurance industry is an important metric that reflects the level of market activity and consumer demand for auto insurance coverage in Canada. It also highlights the financial scale of the industry and its overall contribution to the economy. The 23 billion CAD figure showcases the substantial market presence of auto insurance in Canada and underscores the importance of this sector in the country’s insurance industry.
How many Canadians were employed in the automotive industry in 2019?
In 2019, around 125,395 Canadians were directly employed in the automotive industry.
In 2019, approximately 125,395 Canadians were directly employed in the automotive industry, indicating the significant role that this sector plays in the Canadian economy. This statistic highlights the substantial number of Canadians whose livelihoods depend on the automotive industry, encompassing a diverse range of jobs such as manufacturing, sales, marketing, research and development, and more. The employment figures underscore the importance of the automotive industry as a key contributor to both job creation and economic growth in Canada, reflecting its integral position within the country’s industrial landscape.
What was the GDP of Canadian automotive manufacturing in 2020?
In 2020, the GDP of the automotive manufacturing industry in Canada was 20.4 billion CAD.
The statistic provided outlines that the Gross Domestic Product (GDP) of the automotive manufacturing industry in Canada amounted to 20.4 billion Canadian dollars in the year 2020. This figure represents the total value of goods and services produced by the Canadian automotive manufacturing sector within the country’s borders during that year. The GDP is a key economic indicator that reflects the overall health and productivity of an industry or sector within a country’s economy. The value of 20.4 billion CAD signifies the significant contribution of the automotive manufacturing industry to Canada’s economy in 2020, highlighting its importance as a major sector driving economic growth and employment within the country.
How many new motor vehicle sold in Canada in 2020?
In 2020, about 1.55 million new motor vehicles were sold in Canada.
In 2020, approximately 1.55 million new motor vehicles were sold in Canada, indicating a significant level of economic activity in the automotive industry despite challenges such as the COVID-19 pandemic. This statistic reflects the demand for vehicles among Canadian consumers and the resilience of the automotive market. The sales figures suggest that consumers were still willing to make significant purchases, likely driven by factors such as low-interest rates, incentives from manufacturers, and the need for personal transportation. The data also provides insights into the overall economic health of the country, as vehicle sales are often considered a key indicator of consumer confidence and spending power.
How many light vehicles produced in Canada in 2020?
In 2020, about 1.4 million light vehicles were produced in Canada.
In 2020, Canada produced approximately 1.4 million light vehicles. This statistic quantifies the total number of cars, trucks, and other light vehicles manufactured within the country during that year. The production of light vehicles serves as a key indicator of the automotive industry’s health and economic activity within Canada. Moreover, it provides insight into the country’s manufacturing capabilities, consumer demands, and market trends related to vehicle production. The figure of 1.4 million light vehicles offers a concrete measure of the scale of automotive manufacturing in Canada during the specified period, reflecting the industry’s contribution to the national economy and employment opportunities.
How many automotive dealerships were there in Canada in 2019?
In 2019, there were 3,400 franchise automotive dealerships in Canada.
In 2019, there were a total of 3,400 franchise automotive dealerships operating in Canada. This statistic provides a quantifiable measure of the number of physical locations where individuals or businesses can purchase vehicles from established brands. Automotive dealerships play a crucial role in the Canadian economy, serving as key points of sale and distribution for cars, trucks, and other vehicles. The presence of 3,400 franchise dealerships highlights the widespread availability of automotive products and services across Canada, indicating a competitive market within the automotive industry in the country in 2019.
What was the total sales revenue for the automotive parts industry in Canada in 2020?
In 2020, the total sales revenue of the automotive parts industry in Canada was 31.4 billion CAD.
In 2020, the total sales revenue of the automotive parts industry in Canada amounted to 31.4 billion CAD. This statistic reflects the total value of sales generated by companies involved in producing and selling automotive parts within the Canadian market during that year. The sales revenue figure provides an important measure of the industry’s economic performance and overall contribution to the Canadian economy. Analyzing the trends and fluctuations in sales revenue over time can also offer valuable insights into the growth and health of the automotive parts industry in Canada.
What is the projected growth rate for the electric vehicle market in Canada for 2021-2026?
The electric vehicle market in Canada is projected to grow at a Compound Annual Growth Rate (CAGR) of over 16% from 2021 to 2026.
The statistic indicates that the electric vehicle market in Canada is expected to experience significant growth between 2021 and 2026, with a projected Compound Annual Growth Rate (CAGR) exceeding 16%. This forecast suggests that the market is anticipated to expand steadily at an annual rate of more than 16% over the five-year period. A CAGR of this magnitude implies a substantial increase in the adoption and sales of electric vehicles in Canada, reflecting a growing trend towards sustainable transportation and the shift towards cleaner energy sources in the automotive industry. This growth rate projection highlights the potential for the electric vehicle market to play an increasingly prominent role in the Canadian automotive sector, offering insights for stakeholders and policymakers regarding future trends and opportunities in the industry.
What was the biggest automotive export destination from Canada in 2019?
In 2019, the United States was the largest export market for the Canadian automotive industry, accounting for around 85% of exports.
The statistic indicates that in 2019, the United States was the primary destination for automotive exports from Canada, comprising approximately 85% of the total exports from the Canadian automotive industry. This signifies a significant reliance on the US market for Canadian automotive manufacturers, highlighting the strong trade relationship between the two countries in the automotive sector. The heavy dependence on the US as an export destination suggests that any changes in trade policies or economic conditions in the United States could have a substantial impact on the Canadian automotive industry’s export performance.
What is the market share of Canadian-assembled vehicles in Canada in 2019?
In 2019, Canadian-assembled vehicles accounted for about 17% of the total new vehicles sold in Canada.
The statistic provided states that in 2019, Canadian-assembled vehicles represented approximately 17% of the total new vehicles sold in Canada. This indicates that out of all the new vehicles purchased by consumers in Canada that year, 17% were produced in Canadian manufacturing plants. Market share reflects the proportion of sales within a particular industry attributed to a specific company or group of companies. In this context, the market share of Canadian-assembled vehicles in Canada implies the relative presence and competitiveness of domestically manufactured vehicles in the Canadian automotive market in 2019.
What percentage of Canada’s greenhouse gas emissions did transportation contribute in 2018?
In 2018, transportation accounted for 25% of Canada’s total greenhouse gas emissions, with road motors contributing to most of it.
In 2018, transportation in Canada accounted for 25% of the country’s total greenhouse gas emissions. This statistic indicates that a significant portion of Canada’s emissions can be attributed to various forms of transportation activities. Among these, road motors made the largest contribution to transportation-related emissions. This data is important for policymakers and stakeholders in understanding the impact of the transportation sector on greenhouse gas emissions and can help guide efforts to reduce emissions in this critical area to mitigate the effects of climate change.
What was the total revenue of the automotive repair and maintenance industry in Canada in 2019?
In 2019, the total revenue for the automotive repair and maintenance industry in Canada was about 21 billion CAD.
In 2019, the total revenue for the automotive repair and maintenance industry in Canada amounted to approximately 21 billion CAD. This statistic represents the total amount of money generated by businesses within this industry through providing services such as repairing vehicles, conducting maintenance work, and offering related services. The revenue figure is a key indicator of the economic activity and size of the automotive repair and maintenance sector in Canada, reflecting the demand for these services and the overall health of the industry. It also highlights the significant financial contribution this sector makes to the Canadian economy, supporting jobs, businesses, and related industries.
What was the commercial vehicle sales in Canada in 2019?
The commercial vehicle sales in Canada amounted to approximately 470,000 units in 2019.
The statistic indicates that in 2019, the total number of commercial vehicles sold in Canada was roughly 470,000 units. Commercial vehicle sales are a key indicator of economic activity and transportation demands within a country. This figure provides insights into the strength of the commercial vehicle market in Canada during that specific year, suggesting a potentially robust economy supported by businesses investing in transportation assets. Analyzing trends in commercial vehicle sales over time can help stakeholders make informed decisions related to infrastructure planning, economic forecasting, and industry investments.
How many automotive aftermarket establishments were there in Canada in 2018?
In 2018, there were approximately 36,000 automotive aftermarket establishments in Canada.
In 2018, there were an estimated 36,000 automotive aftermarket establishments operating in Canada. This statistic highlights the significant presence of businesses within the automotive aftermarket industry, which includes a wide range of services and products for vehicles after they have been sold by the original equipment manufacturer. These establishments contribute to the economy by providing services such as repairs, maintenance, customization, and the sale of replacement parts and accessories to vehicle owners. The large number of automotive aftermarket establishments in Canada reflects the demand for services and products that cater to the needs of vehicle owners, showcasing the importance of the industry within the country’s automotive sector.
Conclusion
The statistics presented in this blog post offer valuable insights into the current state of the automotive industry in Canada. From the number of vehicles produced to the employment opportunities created, it is clear that this industry plays a significant role in the Canadian economy. By staying informed and adapting to changing trends, stakeholders in the automotive sector can continue to thrive and contribute to Canada’s overall economic growth.
References
0. – https://www.www.desrosiers.ca
1. – https://www.www.mordorintelligence.com
2. – https://www.www.canadianbusiness.com
3. – https://www.www.statista.com
4. – https://www.tradingeconomics.com
5. – https://www.www.ic.gc.ca
6. – https://www.www.canada.ca
